Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Kenya - 2022
Contents:
- Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Kenya (CIF) - 2022
- Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Kenya (FOB) - 2022
- Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Kenya
- Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Kenya
Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Kenya (CIF) - 2022
In 2022, the average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $1,964 per ton, picking up by 4.3% against the previous year. Overall, the import price, however, showed a slight slump. The pace of growth appeared the most rapid in 2016 when the average import price increased by 12% against the previous year. The import price peaked at $2,422 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 the UK ($3,137 per ton), while the price for Thailand ($1,554 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.2%), while the prices for the other major suppliers experienced a decline.
Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Kenya (FOB) - 2022
In 2022, the average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $1,112 per ton, remaining stable against the previous year. Over the period under review, the export price, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2017 an increase of 33% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,152 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Uganda.
From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to -6.4% per year.
Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Kenya
In 2022, the amount of artificial staple fibres, not carded, combed or otherwise processed for spinning imported into Kenya skyrocketed to 341 tons, picking up by 34% against the previous year. The total import volume increased at an average annual rate of +13.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning skyrocketed to $669K in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 257 | 184 | 129 | 196 | -8.6% |
| Indonesia | 67.7 | 77.8 | 90.7 | 173 | 36.7% |
| Thailand | 96.7 | 48.6 | 69.3 | 136 | 12.0% |
| China | 49.4 | 123 | 127 | 102 | 27.3% |
| Singapore | N/A | N/A | 32.9 | 42.8 | 30.1% |
| United Kingdom | N/A | 16.7 | 13.3 | 18.6 | 5.5% |
| Ethiopia | N/A | N/A | 17.8 | N/A | 0% |
| Others | 0.1 | 4.1 | 0.6 | 0.3 | 44.2% |
| Total | 471 | 454 | 480 | 669 | 12.4% |
Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Kenya in 2022:
- India (90.1 tons)
- Thailand (87.4 tons)
- Indonesia (82.2 tons)
- China (52.4 tons)
- Singapore (22.8 tons)
- United Kingdom (5.9 tons)
Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Kenya
In 2022, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning from Kenya soared to 5 tons, jumping by 20% against 2021. Overall, exports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 20% against the previous year.
In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning soared to $5.6K in 2022. In general, exports, however, faced a abrupt setback.
| Export of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | N/A | 3.9 | 4.7 | 5.6 | 19.8% |
| Jordan | 10.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.7 | 3.9 | 4.7 | 5.6 | -19.4% |
Top Export Markets for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Kenya in 2022:
- Uganda (5.0 tons)
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