Price for Wigs; Complete, of Synthetic Textile Materials in Kenya - 2023
Contents:
- Price for Wigs; Complete, of Synthetic Textile Materials in Kenya (CIF) - 2022
- Price for Wigs; Complete, of Synthetic Textile Materials in Kenya (FOB) - 2022
- Imports of Wigs; Complete, of Synthetic Textile Materials in Kenya
- Exports of Wigs; Complete, of Synthetic Textile Materials in Kenya
Price for Wigs; Complete, of Synthetic Textile Materials in Kenya (CIF) - 2022
In 2022, the average import price for wigs; complete, of synthetic textile materialses amounted to $2.5 per unit, reducing by -43.5% against the previous year. In general, the import price showed a deep setback. The pace of growth appeared the most rapid in 2017 an increase of 107%. The import price peaked at $5.4 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2013 to 2022, the rate of growth in terms of prices for China amounted to -1.0% per year.
Price for Wigs; Complete, of Synthetic Textile Materials in Kenya (FOB) - 2022
In 2022, the average export price for wigs; complete, of synthetic textile materialses amounted to $3.2 per unit, surging by 313% against the previous year. In general, the export price, however, recorded a abrupt shrinkage. Over the period under review, the average export prices hit record highs at $19 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($4.1 per unit), while the average price for exports to Democratic Republic of the Congo totaled $488 per thousand units.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (+51.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wigs; Complete, of Synthetic Textile Materials in Kenya
In 2022, the amount of wigs; complete, of synthetic textile materialses imported into Kenya soared to 61K units, picking up by 379% against the year before. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of wigs; complete, of synthetic textile materialses soared to $153K in 2022. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 230% against the previous year. As a result, imports attained the peak of $211K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Wigs; Complete, of Synthetic Textile Materials in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 63.6 | 209 | 51.6 | 146 | 31.9% |
| Others | 0.2 | 1.9 | 5.0 | 7.8 | 239.1% |
| Total | 63.8 | 211 | 56.6 | 153 | 33.9% |
Top Suppliers of Wigs; Complete, of Synthetic Textile Materials to Kenya in 2022:
- China (59.5K units)
Exports of Wigs; Complete, of Synthetic Textile Materials in Kenya
In 2022, the amount of wigs; complete, of synthetic textile materialses exported from Kenya contracted remarkably to 27K units, shrinking by -72.2% against 2021. Over the period under review, exports faced a sharp decrease. The smallest decline of -36.1% was in 2021. Over the period under review, the exports of attained the maximum at 260K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of wigs; complete, of synthetic textile materialses reached $87K in 2022. In general, exports recorded a relatively flat trend pattern. The exports peaked at $87K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Wigs; Complete, of Synthetic Textile Materials in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ethiopia | 2.6 | 7.3 | 53.7 | 82.8 | 217.0% |
| Democratic Republic of the Congo | 12.1 | 0.9 | 16.3 | 3.3 | -35.2% |
| South Sudan | 72.2 | 65.5 | 4.5 | N/A | -75.0% |
| Others | N/A | 0.8 | 0.9 | 0.5 | -20.9% |
| Total | 86.9 | 74.6 | 75.4 | 86.5 | -0.2% |
Top Export Markets for Wigs; Complete, of Synthetic Textile Materials from Kenya in 2022:
- Ethiopia (20.1K units)
- Democratic Republic of the Congo (6.7K units)
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