Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Kenya - 2022

Contents:

1. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Kenya (CIF) - 2022
2. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Kenya (FOB) - 2022
3. Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Kenya
4. Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Kenya

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Kenya (CIF) - 2022

In 2022, the average import price for tents of textile materials other than cotton or synthetic fibreses amounted to $6,207 per ton, surging by 21% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tents of textile materials other than cotton or synthetic fibreses increased by +107.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 71% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($16,721 per ton), while the price for China ($1,284 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+12.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Kenya (FOB) - 2022

In 2022, the average export price for tents of textile materials other than cotton or synthetic fibreses amounted to $3,968 per ton, approximately reflecting the previous year. In general, the export price, however, recorded a abrupt decline. The growth pace was the most rapid in 2015 when the average export price increased by 44%. The export price peaked at $7,507 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chad ($7,398 per ton), while the average price for exports to Mozambique ($1,267 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Somalia (+0.4%), while the prices for the other major destinations experienced a decline.

Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Kenya

In 2022, imports of tents of textile materials other than cotton or synthetic fibreses into Kenya surged to 1.6K tons, growing by 62% on the previous year's figure. Overall, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 246%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, imports of tents of textile materials other than cotton or synthetic fibreses soared to $9.9M in 2022. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 491%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

Top Suppliers of Tents of Textile Materials Other than Cotton or Synthetic Fibres to Kenya in 2022:

1. Pakistan (1046.8 tons)
2. China (341.6 tons)
3. Hungary (86.5 tons)
4. Belgium (49.2 tons)
5. India (21.8 tons)

Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Kenya

In 2022, shipments abroad of tents of textile materials other than cotton or synthetic fibreses decreased by -76% to 28 tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a dramatic decline. The growth pace was the most rapid in 2020 with an increase of 54%. As a result, the exports reached the peak of 565 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of tents of textile materials other than cotton or synthetic fibreses shrank dramatically to $110K in 2022. In general, exports recorded a precipitous slump. The most prominent rate of growth was recorded in 2020 when exports increased by 12%. As a result, the exports reached the peak of $2.8M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Tents of Textile Materials Other than Cotton or Synthetic Fibres from Kenya in 2022:

1. Tanzania (9.8 tons)
2. South Sudan (6.8 tons)
3. Zambia (2.5 tons)
4. India (1.6 tons)
5. Burundi (1.5 tons)
6. Chad (1.1 tons)
7. Ethiopia (1.1 tons)
8. Eritrea (0.8 tons)
9. Democratic Republic of the Congo (0.4 tons)
10. Malawi (0.4 tons)
11. Mozambique (0.2 tons)

Source: IndexBox Market Intelligence Platform