Price for Knitted or Crocheted Pile Fabrics in Kenya - 2021
Contents:
- Price for Knitted or Crocheted Pile Fabrics in Kenya (CIF) - 2022
- Price for Knitted or Crocheted Pile Fabrics in Kenya (FOB) - 2022
- Imports of Knitted or Crocheted Pile Fabrics in Kenya
- Exports of Knitted or Crocheted Pile Fabrics in Kenya
Price for Knitted or Crocheted Pile Fabrics in Kenya (CIF) - 2022
The average import price for knitted or crocheted pile fabricses stood at $6,144 per ton in 2022, which is down by -2.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2014 an increase of 17%. Over the period under review, average import prices hit record highs at $6,275 per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($8,263 per ton), while the price for the United Arab Emirates ($1,259 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 (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knitted or Crocheted Pile Fabrics in Kenya (FOB) - 2022
In 2022, the average export price for knitted or crocheted pile fabricses amounted to $7,072 per ton, increasing by 5.2% against the previous year. Over the period under review, the export price saw a temperate expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 89%. Over the period under review, the average export prices attained the maximum at $8,012 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Zambia ($131,595 per ton), while the average price for exports to Tanzania ($554 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 Zambia (+29.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Knitted or Crocheted Pile Fabrics in Kenya
In 2022, approx. 1.3K tons of knitted or crocheted pile fabricses were imported into Kenya; with a decrease of -33.1% on the previous year's figure. Overall, imports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 195%. As a result, imports reached the peak of 1.9K tons, and then declined remarkably in the following year.
In value terms, knitted or crocheted pile fabrics imports reduced markedly to $8M in 2022. In general, imports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2021 when imports increased by 222% against the previous year. As a result, imports attained the peak of $12M, and then reduced sharply in the following year.
| Import of Knitted or Crocheted Pile Fabrics in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.7 | 3.1 | 11.3 | 7.2 | 15.3% |
| United Arab Emirates | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Others | 0.7 | 0.7 | 0.7 | 0.5 | -10.6% |
| Total | 5.4 | 3.8 | 12.1 | 8.0 | 14.0% |
Top Suppliers of Knitted or Crocheted Pile Fabrics to Kenya in 2022:
- China (1037.3 tons)
- United Arab Emirates (196.0 tons)
Exports of Knitted or Crocheted Pile Fabrics in Kenya
Knitted or crocheted pile fabrics exports from Kenya declined remarkably to 6.8 tons in 2022, reducing by -31.6% against the previous year's figure. Overall, exports, however, posted a buoyant expansion. The growth pace was the most rapid in 2021 when exports increased by 171% against the previous year. As a result, the exports attained the peak of 9.9 tons, and then shrank remarkably in the following year.
In value terms, knitted or crocheted pile fabrics exports plummeted to $48K in 2022. Over the period under review, exports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2021 when exports increased by 127%. As a result, the exports attained the peak of $67K, and then contracted dramatically in the following year.
| Export of Knitted or Crocheted Pile Fabrics in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 18.5 | 16.2 | 40.4 | 29.8 | 17.2% |
| United Arab Emirates | 6.2 | 5.6 | 14.6 | 11.2 | 21.8% |
| United States | 5.3 | 3.8 | 7.7 | 4.6 | -4.6% |
| Uganda | 2.2 | 1.8 | 0.8 | 1.8 | -6.5% |
| Burundi | 0.3 | 0.2 | 0.4 | 0.2 | -12.6% |
| Tanzania | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.7 | 1.6 | 2.7 | 0.3 | -24.6% |
| Total | 33.1 | 29.3 | 66.7 | 48.0 | 13.2% |
Top Export Markets for Knitted or Crocheted Pile Fabrics from Kenya in 2022:
- United Arab Emirates (3458.0 kg)
- United States (1324.0 kg)
- Zambia (227.0 kg)
- Tanzania (165.0 kg)
- Burundi (128.0 kg)
- Uganda (111.0 kg)
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