Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Kenya - 2022
Contents:
- Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Kenya (CIF) - 2022
- Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Kenya
Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Kenya (CIF) - 2022
The average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $2,301 per unit in 2022, shrinking by -14.9% against the previous year. Overall, the import price saw a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 198%. As a result, import price reached the peak level of $17,379 per unit. From 2018 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($7,890 per unit), while the price for China ($1,738 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.1%), while the prices for the other major suppliers experienced a decline.
Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Kenya
In 2022, approx. 29 units of weaving machines (looms); for weaving fabrics of a width 30cm or lesses were imported into Kenya; growing by 164% compared with the previous year. In general, imports continue to indicate strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses soared to $64K in 2022. Overall, imports, however, continue to indicate a dramatic decline. The pace of growth was the most pronounced in 2021 with an increase of 40%. Imports peaked at $145K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 10.8 | 19.5 | 0.2 | 43.4 | 59.0% |
| Taiwan (Chinese) | 16.3 | 13.0 | 27.2 | 15.8 | -1.0% |
| India | 16.0 | 0.3 | 18.6 | 5.2 | -31.2% |
| United Kingdom | 26.4 | N/A | N/A | N/A | 0% |
| France | 76.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 145 | 32.8 | 46.0 | 64.4 | -23.7% |
Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Kenya in 2022:
- China (25.0 units)
- India (2.0 units)
- Taiwan (Chinese) (2.0 units)
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