Glass Fibre Voiles Price in Kenya - 2021
Contents:
- Glass Fibre Voiles Price in Kenya (CIF) - 2022
- Glass Fibre Voiles Price in Kenya (FOB) - 2022
- Glass Fibre Voiles Imports in Kenya
- Glass Fibre Voiles Exports in Kenya
Glass Fibre Voiles Price in Kenya (CIF) - 2022
The average glass fibre voiles import price stood at $9,911 per ton in 2022, surging by 12% against the previous year. Overall, the import price recorded a resilient increase. The most prominent rate of growth was recorded in 2017 an increase of 126%. The import price peaked at $10,977 per ton in 2020; however, from 2021 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 ($11,452 per ton), while the price for China ($978 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 (+57.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Glass Fibre Voiles Price in Kenya (FOB) - 2022
In 2022, the average glass fibre voiles export price amounted to $7,201 per ton, with an increase of 4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2018 an increase of 55% against the previous year. The export price peaked at $9,125 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($15,631 per ton), while the average price for exports to Democratic Republic of the Congo ($357 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 Tanzania (+5.9%), while the prices for the other major destinations experienced mixed trend patterns.
Glass Fibre Voiles Imports in Kenya
In 2022, after three years of growth, there was decline in purchases abroad of glass fibre voiles, when their volume decreased by -0.7% to 40 tons. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 664% against the previous year.
In value terms, glass fibre voiles imports rose notably to $395K in 2022. Overall, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 689%. As a result, imports reached the peak of $434K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Glass Fibre Voiles in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 9.6 | 418 | 343 | 380 | 240.8% |
| China | 0.3 | 5.2 | 5.3 | 5.9 | 169.9% |
| Others | 45.1 | 10.8 | 8.0 | 8.8 | -42.0% |
| Total | 55.0 | 434 | 356 | 395 | 92.9% |
Top Suppliers of Glass Fibre Voiles to Kenya in 2022:
- United Kingdom (33.2 tons)
- China (6.0 tons)
Glass Fibre Voiles Exports in Kenya
In 2022, the amount of glass fibre voiles exported from Kenya rose to 2 tons, increasing by 2.4% on the year before. The total export volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 3.3% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, glass fibre voiles exports amounted to $14K in 2022. In general, exports, however, showed a abrupt setback.
| Export of Glass Fibre Voiles in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 12.7 | 11.2 | 9.9 | 10.6 | -5.8% |
| Rwanda | 2.5 | 2.3 | 2.0 | 2.2 | -4.2% |
| Tanzania | 1.6 | 1.4 | 1.2 | 1.3 | -6.7% |
| Democratic Republic of the Congo | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 17.0 | 15.0 | 13.3 | 14.2 | -5.8% |
Top Export Markets for Glass Fibre Voiles from Kenya in 2022:
- Uganda (1209.0 kg)
- Rwanda (361.0 kg)
- Democratic Republic of the Congo (314.0 kg)
- Tanzania (84.0 kg)
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