Price for Wadding; Other Articles Thereof, of Cotton in Kenya - 2023
Contents:
- Price for Wadding; Other Articles Thereof, of Cotton in Kenya (CIF) - 2022
- Price for Wadding; Other Articles Thereof, of Cotton in Kenya (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, of Cotton in Kenya
- Exports of Wadding; Other Articles Thereof, of Cotton in Kenya
Price for Wadding; Other Articles Thereof, of Cotton in Kenya (CIF) - 2022
The average import price for wadding; other articles thereof, of cotta stood at $3,696 per ton in 2022, rising by 1.7% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +2.9% 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 wadding; other articles thereof, of cotta increased by +13.9% against 2018 indices. The pace of growth appeared the most rapid in 2015 an increase of 71% against the previous year. The import price peaked at $5,495 per ton in 2016; however, from 2017 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 India ($15,294 per ton), while the price for Hong Kong SAR ($518 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, of Cotton in Kenya (FOB) - 2022
In 2022, the average export price for wadding; other articles thereof, of cotta amounted to $4,336 per ton, picking up by 36% against the previous year. Over the period under review, the export price continues to indicate a slight expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 110% against the previous year. As a result, the export price reached the peak level of $6,916 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($9,172 per ton), while the average price for exports to Burundi ($872 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 Niger (+279.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wadding; Other Articles Thereof, of Cotton in Kenya
In 2022, approx. 61 tons of wadding; other articles thereof, of cotta were imported into Kenya; with an increase of 14% compared with the previous year's figure. Over the period under review, imports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 34%.
In value terms, imports of wadding; other articles thereof, of cotta soared to $224K in 2022. Overall, imports, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 42%.
| Import of Wadding; Other Articles Thereof, of Cotton in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 128 | 38.7 | 68.7 | 82.1 | -13.8% |
| France | 53.9 | 20.2 | 20.0 | 39.9 | -9.5% |
| India | 22.9 | 12.9 | 22.4 | 29.1 | 8.3% |
| Greece | 57.9 | 23.9 | 28.3 | 28.2 | -21.3% |
| Malaysia | 22.8 | 4.7 | 13.0 | 12.9 | -17.3% |
| Pakistan | 9.4 | 4.3 | 6.0 | 5.8 | -14.9% |
| Turkey | 14.2 | 14.0 | 20.3 | 4.5 | -31.8% |
| Hong Kong SAR | 1.8 | 0.9 | 1.4 | 1.5 | -5.9% |
| Others | 40.0 | 16.5 | 13.0 | 19.8 | -20.9% |
| Total | 351 | 136 | 193 | 224 | -13.9% |
Top Suppliers of Wadding; Other Articles Thereof, of Cotton to Kenya in 2022:
- China (33.8 tons)
- France (5.1 tons)
- Greece (4.6 tons)
- Pakistan (4.1 tons)
- Malaysia (3.3 tons)
- Hong Kong SAR (2.8 tons)
- India (1.9 tons)
- Turkey (1.0 tons)
Exports of Wadding; Other Articles Thereof, of Cotton in Kenya
In 2022, overseas shipments of wadding; other articles thereof, of cotta were finally on the rise to reach 1.9 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of wadding; other articles thereof, of cotta skyrocketed to $8K in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Wadding; Other Articles Thereof, of Cotton in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | N/A | N/A | N/A | 1,947 | 0% |
| Central African Republic | N/A | N/A | N/A | 1,627 | 0% |
| Sudan | N/A | 42.0 | N/A | 1,012 | 390.9% |
| Niger | N/A | N/A | 1.0 | 775 | 77400.0% |
| Democratic Republic of the Congo | 43.0 | 47.0 | 23.0 | 620 | 143.4% |
| Uganda | 221 | 105 | 22.0 | 532 | 34.0% |
| Tanzania | 911 | 1,014 | 41.0 | 264 | -33.8% |
| Cameroon | 386 | 123 | 7.0 | 154 | -26.4% |
| Others | 577 | 273 | 62.0 | 1,112 | 24.4% |
| Total | 2,138 | 1,604 | 156 | 8,043 | 55.5% |
Top Export Markets for Wadding; Other Articles Thereof, of Cotton from Kenya in 2022:
- Cote d'Ivoire (490.0 kg)
- Central African Republic (404.0 kg)
- Niger (204.0 kg)
- Sudan (184.0 kg)
- Tanzania (157.0 kg)
- Democratic Republic of the Congo (146.0 kg)
- Uganda (58.0 kg)
- Cameroon (39.0 kg)
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