Life-Jackets and Life-Belts Price in Kenya - 2021
Contents:
- Life-Jackets and Life-Belts Price in Kenya (CIF) - 2022
- Life-Jackets and Life-Belts Price in Kenya (FOB) - 2022
- Life-Jackets and Life-Belts Imports in Kenya
- Life-Jackets and Life-Belts Exports in Kenya
Life-Jackets and Life-Belts Price in Kenya (CIF) - 2022
In 2022, the average life-jackets and life-belts import price amounted to $7,884 per ton, shrinking by -5.1% against the previous year. In general, the import price continues to indicate a deep downturn. The growth pace was the most rapid in 2018 an increase of 22% against the previous year. Over the period under review, average import prices attained the peak figure at $14,573 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($7,906 per ton), while the price for China ($5,514 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Life-Jackets and Life-Belts Price in Kenya (FOB) - 2022
In 2022, the average life-jackets and life-belts export price amounted to $15,605 per ton, with a decrease of -13.4% against the previous year. Overall, the export price recorded a pronounced downturn. The growth pace was the most rapid in 2016 an increase of 30%. The export price peaked at $23,429 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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 China ($58,625 per ton), while the average price for exports to Democratic Republic of the Congo ($2,052 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 Malawi (+69.1%), while the prices for the other major destinations experienced more modest paces of growth.
Life-Jackets and Life-Belts Imports in Kenya
In 2022, the amount of life-jackets and life-beltses imported into Kenya skyrocketed to 79 tons, jumping by 28% compared with 2021 figures. Over the period under review, imports, however, continue to indicate a mild decrease.
In value terms, life-jackets and life-belts imports skyrocketed to $624K in 2022. The total import value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 30%. As a result, imports reached the peak of $735K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Life-Jackets and Life-Belts in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 302 | 424 | 283 | 360 | 6.0% |
| India | 43.0 | 44.6 | 32.7 | 65.8 | 15.2% |
| Italy | 14.9 | 25.0 | 34.2 | 3.8 | -36.6% |
| Others | 204 | 242 | 164 | 195 | -1.5% |
| Total | 564 | 735 | 513 | 624 | 3.4% |
Top Suppliers of Life-Jackets and Life-Belts to Kenya in 2022:
- China (65.2 tons)
- India (8.5 tons)
- Italy (0.3 tons)
Life-Jackets and Life-Belts Exports in Kenya
In 2022, the amount of life-jackets and life-beltses exported from Kenya soared to 1.5 tons, growing by 63% compared with the year before. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 205% against the previous year. As a result, the exports attained the peak of 2.2 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, life-jackets and life-belts exports surged to $24K in 2022. In general, exports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 203% against the previous year. As a result, the exports reached the peak of $31K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Life-Jackets and Life-Belts in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.8 | 5.2 | 2.0 | 6.1 | 50.2% |
| South Sudan | 1.4 | 5.4 | 0.5 | 3.8 | 39.5% |
| Tanzania | 1.2 | 1.0 | 1.0 | 3.0 | 35.7% |
| Somalia | 2.2 | 2.5 | 0.1 | 2.9 | 9.6% |
| Uganda | 0.1 | 0.5 | 1.0 | 2.9 | 207.2% |
| Mozambique | 0.6 | 0.2 | 0.3 | 0.9 | 14.5% |
| United Arab Emirates | 0.1 | 0.1 | 0.3 | 0.8 | 100.0% |
| Burundi | 0.3 | N/A | 0.2 | 0.6 | 26.0% |
| Democratic Republic of the Congo | 0.2 | 0.6 | N/A | 0.4 | 26.0% |
| Sudan | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Malawi | N/A | 12.3 | 3.4 | N/A | -72.4% |
| Senegal | N/A | N/A | N/A | N/A | 0% |
| Tunisia | N/A | N/A | 0.4 | N/A | 0% |
| Others | 2.3 | 3.3 | 7.8 | 2.4 | 1.4% |
| Total | 10.2 | 31.0 | 17.0 | 24.0 | 33.0% |
Top Export Markets for Life-Jackets and Life-Belts from Kenya in 2022:
- Tanzania (319.0 kg)
- Uganda (256.0 kg)
- South Sudan (226.0 kg)
- Democratic Republic of the Congo (174.0 kg)
- United Arab Emirates (109.0 kg)
- China (104.0 kg)
- Burundi (89.0 kg)
- Mozambique (74.0 kg)
- Somalia (74.0 kg)
- Sudan (34.0 kg)
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