Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Kenya - 2022

Contents:

1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Kenya (CIF) - 2022
2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Kenya (FOB) - 2022
3. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Kenya
4. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Kenya

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Kenya (CIF) - 2022

The average import price for textile fabrics; tyrecord of high tenacity yarn of polyesters stood at $2,658 per ton in 2022, declining by -1.5% against the previous year. Over the period under review, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 9.1% against the previous year. The import price peaked at $4,927 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($6,048 per ton), while the price for China ($2,370 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.6%), while the prices for the other major suppliers experienced a decline.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Kenya (FOB) - 2022

The average export price for textile fabrics; tyrecord of high tenacity yarn of polyesters stood at $5,471 per ton in 2022, jumping by 54% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 119%. The export price peaked at $14,546 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($5,561 per ton), while the average price for exports to Bahrain totaled $5,287 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bahrain (+92.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Kenya

In 2022, the amount of textile fabrics; tyrecord of high tenacity yarn of polyesters imported into Kenya reached 213 tons, leveling off at the previous year. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of polyesters reduced to $566K in 2022. The total import value increased at an average annual rate of +8.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, imports attained the peak of $570K, leveling off in the following year.

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester to Kenya in 2022:

1. China (186.2 tons)
2. Taiwan (Chinese) (15.4 tons)
3. South Africa (9.8 tons)

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester in Kenya

In 2022, overseas shipments of textile fabrics; tyrecord of high tenacity yarn of polyesters were finally on the rise to reach 244 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a deep slump.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of polyesters skyrocketed to $1.3K in 2022. In general, exports recorded a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Polyester from Kenya in 2022:

1. Uganda (164.0 kg)
2. Bahrain (80.0 kg)

Source: IndexBox Market Intelligence Platform