Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Kenya - 2022

Contents:

  1. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Kenya (CIF) - 2022
  2. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Kenya (FOB) - 2022
  3. Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Kenya
  4. Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Kenya

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Kenya (CIF) - 2022

In 2022, the average import price for woven fabrics of carded wool or of carded fine animal hair amounted to $3.7 per square meter, reducing by -29.4% against the previous year. Over the period under review, the import price, however, showed prominent growth. The pace of growth was the most pronounced in 2019 an increase of 89%. As a result, import price attained the peak level of $7.7 per square meter. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($26 per square meter), while the price for China ($0.5 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Kenya (FOB) - 2022

The average export price for woven fabrics of carded wool or of carded fine animal hair stood at $3.2 per square meter in 2022, with an increase of 62% against the previous year. Over the period under review, the export price recorded a noticeable expansion. The pace of growth appeared the most rapid in 2013 an increase of 86%. The export price peaked at $7.3 per square meter in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($3.7 per square meter), while the average price for exports to Uganda ($0.3 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (-1.3%), while the prices for the other major destinations experienced a decline.

Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Kenya

In 2022, overseas purchases of woven fabrics of carded wool or of carded fine animal hair decreased by -13.9% to 6.9K square meters, falling for the second consecutive year after two years of growth. In general, imports, however, saw a resilient increase. The growth pace was the most rapid in 2020 with an increase of 107% against the previous year. As a result, imports reached the peak of 11K square meters. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of woven fabrics of carded wool or of carded fine animal hair declined markedly to $26K in 2022. Over the period under review, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2020 when imports increased by 40%. As a result, imports reached the peak of $59K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/AN/A7.30%
India4.423.522.16.815.6%
Italy7.214.010.14.8-12.6%
China1.23.83.12.018.6%
United Kingdom3.73.20.11.7-22.8%
Egypt13.51.01.21.1-56.6%
United Arab Emirates8.713.15.71.0-51.4%
TurkeyN/AN/AN/A0.70%
Others3.70.90.50.6-45.5%
Total42.459.442.625.9-15.2%

Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Kenya in 2022:

  1. China (4010.0 square meters)
  2. India (586.0 square meters)
  3. United Arab Emirates (499.0 square meters)
  4. United Kingdom (458.0 square meters)
  5. Italy (433.0 square meters)
  6. Turkey (414.0 square meters)
  7. United States (284.0 square meters)
  8. Egypt (89.0 square meters)

Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Kenya

In 2022, approx. 123 square meters of woven fabrics of carded wool or of carded fine animal hair were exported from Kenya; which is down by -34.6% against 2021. Overall, exports saw a precipitous shrinkage. Over the period under review, the exports of reached the peak figure at 736 square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of woven fabrics of carded wool or of carded fine animal hair rose sharply to $399 in 2022. Over the period under review, exports saw a dramatic contraction. Over the period under review, the exports of reached the maximum at $4.3K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda1,4002,244150238-44.6%
Uganda30.085.027.018.0-15.7%
Botswana9.023.07.04.0-23.7%
Tunisia2,896N/AN/AN/A0%
SeychellesN/AN/A191N/A0%
Others1.03.01.0139418.0%
Total4,3362,355376399-54.9%

Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Kenya in 2022:

  1. Rwanda (65.0 square meters)
  2. Uganda (54.0 square meters)
  3. Botswana (2.0 square meters)

Source: IndexBox Market Intelligence Platform

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