Kenya - Sacks And Bags Of Cotton - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCotton Bag Price in Kenya - 2021
Contents:
- Cotton Bag Price in Kenya (FOB) - 2022
- Cotton Bag Price in Kenya (CIF) - 2022
- Cotton Bag Exports in Kenya
- Cotton Bag Imports in Kenya
Cotton Bag Price in Kenya (FOB) - 2022
The average cotton bag export price stood at $46,587 per ton in 2022, rising by 9.1% against the previous year. Over the period under review, the export price saw a resilient increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 65%. The export price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($126,865 per ton), while the average price for exports to Somalia ($15,434 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 Sudan (+36.9%), while the prices for the other major destinations experienced more modest paces of growth.
Cotton Bag Price in Kenya (CIF) - 2022
The average cotton bag import price stood at $12,116 per ton in 2022, reducing by -7.3% against the previous year. Overall, the import price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2016 an increase of 39%. The import price peaked at $15,643 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($37,199 per ton), while the price for China ($10,151 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Cotton Bag Exports in Kenya
In 2022, overseas shipments of sacks and bags of cotton decreased by -9.8% to 1.9 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a deep contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 25%. As a result, the exports attained the peak of 3.1 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, cotton bag exports reduced to $87K in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 60% against the previous year.
| Export of Cotton Bag in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sudan | 20.7 | 27.4 | 26.9 | 32.5 | 16.2% |
| United States | 11.4 | 24.0 | 27.4 | 27.7 | 34.4% |
| France | 5.0 | 7.1 | 6.9 | 7.0 | 11.9% |
| South Sudan | 5.5 | 7.0 | 6.4 | 6.5 | 5.7% |
| Germany | 1.7 | 0.8 | 3.8 | 3.8 | 30.8% |
| Somalia | 2.2 | 3.1 | 0.1 | 1.5 | -12.0% |
| Democratic Republic of the Congo | 0.3 | 0.5 | 1.1 | 1.1 | 54.2% |
| Others | 6.6 | 15.8 | 15.9 | 6.8 | 1.0% |
| Total | 53.6 | 85.6 | 88.4 | 87.0 | 17.5% |
Top Export Markets for Cotton Bag from Kenya in 2022:
- Sudan (625.0 kg)
- United States (486.0 kg)
- South Sudan (266.0 kg)
- France (123.0 kg)
- Somalia (100.0 kg)
- Germany (69.0 kg)
- Democratic Republic of the Congo (35.0 kg)
Cotton Bag Imports in Kenya
Cotton bag imports into Kenya dropped slightly to 2 tons in 2022, with a decrease of -2.5% against 2021. Overall, imports recorded a sharp slump.
In value terms, cotton bag imports declined to $24K in 2022. Over the period under review, imports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 24%.
| Import of Cotton Bag in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 8.2 | 10.1 | 16.3 | 13.1 | 16.9% |
| China | 97.1 | 4.9 | 4.5 | 6.2 | -60.0% |
| India | 10.5 | 0.7 | 0.6 | 0.4 | -66.4% |
| United Kingdom | 9.6 | 1.3 | 0.8 | 0.4 | -65.3% |
| Others | 31.6 | 4.3 | 4.1 | 3.8 | -50.6% |
| Total | 157 | 21.3 | 26.4 | 23.8 | -46.7% |
Top Suppliers of Cotton Bag to Kenya in 2022:
- Pakistan (1240.0 kg)
- China (609.0 kg)
- United Kingdom (16.0 kg)
- India (11.0 kg)
This report provides an in-depth analysis of the cotton bag market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13922130 - Sacks and bags, of cotton, used for packing goods
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In 2016, the amount of sack and bag imported worldwide amounted to X tons, approximately equating the previous year level. The total import volume increased at an average annual rate of +X% ove...
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