Kenya - Knitted Or Crocheted Fabrics - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Kenya - Knitted Or Crocheted Fabrics - Market Analysis, Forecast, Size, Trends and Insights

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Knitted Fabric Price in Kenya - 2021

Contents:

  1. Knitted Fabric Price in Kenya (CIF) - 2022
  2. Knitted Fabric Price in Kenya (FOB) - 2022
  3. Knitted Fabric Imports in Kenya
  4. Knitted Fabric Exports in Kenya

Knitted Fabric Price in Kenya (CIF) - 2022

In 2022, the average knitted fabric import price amounted to $6,045 per ton, increasing by 7.6% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 26%. The import price peaked at $8,714 per ton in 2015; however, from 2016 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 Sri Lanka ($12,140 per ton), while the price for South Korea ($3,223 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Knitted Fabric Price in Kenya (FOB) - 2022

In 2022, the average knitted fabric export price amounted to $7,500 per ton, growing by 26% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the average export price increased by 32% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

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 Ethiopia ($11,016 per ton), while the average price for exports to the United Arab Emirates ($1,795 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 Madagascar (+30.4%), while the prices for the other major destinations experienced more modest paces of growth.

Knitted Fabric Imports in Kenya

In 2022, the amount of knitted or crocheted fabrics imported into Kenya shrank to 23K tons, waning by -8.3% against the year before. The total import volume increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, imports attained the peak of 25K tons, and then contracted in the following year.

In value terms, knitted fabric imports shrank modestly to $139M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 49% against the previous year. As a result, imports attained the peak of $141M, and then dropped in the following year.

Import of Knitted Fabric in Kenya (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China68.356.480.765.6-1.3%
Taiwan (Chinese)16.211.216.224.514.8%
Sri Lanka4.37.214.815.653.7%
India1.72.810.414.0101.9%
Tanzania6.24.88.45.2-5.7%
Pakistan3.03.62.44.917.8%
Hong Kong SAR1.13.91.63.851.2%
South Korea3.11.51.6N/A-28.2%
Others3.33.05.05.518.6%
Total10794.51411399.1%

Top Suppliers of Knitted Fabric to Kenya in 2022:

  1. South Korea (undefinedK tons)
  2. China (14.3K tons)
  3. Taiwan (Chinese) (3.0K tons)
  4. India (1.5K tons)
  5. Sri Lanka (1.3K tons)
  6. Pakistan (0.8K tons)
  7. Tanzania (0.8K tons)
  8. Hong Kong SAR (0.6K tons)

Knitted Fabric Exports in Kenya

In 2022, knitted fabric exports from Kenya rose sharply to 133 tons, surging by 8.9% against the previous year's figure. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +80.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 31%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, knitted fabric exports surged to $1M in 2022. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Knitted Fabric in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda82.322316245977.3%
Rwanda11417322125130.1%
Ethiopia24.235.444.412472.4%
Tanzania1.212.737.1104342.5%
United Arab Emirates52.643.037.347.4-3.4%
Egypt45.6N/AN/A4.4-54.1%
United Kingdom35.112.927.20.4-77.5%
China7.61.85.8N/A-12.6%
Democratic Republic of the Congo4.46.712.1N/A65.8%
India1.43.619.3N/A271.3%
South Africa5.23.626.4N/A125.3%
Others98.210013510.4-52.7%
Total4726157271,00128.5%

Top Export Markets for Knitted Fabric from Kenya in 2022:

  1. Uganda (50.8 tons)
  2. Rwanda (28.1 tons)
  3. United Arab Emirates (26.4 tons)
  4. Tanzania (15.1 tons)
  5. Ethiopia (11.3 tons)
  6. Egypt (0.4 tons)
  7. United Kingdom (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the knitted fabric 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 13911100 - Pile fabrics, terry fabrics, knitted or crocheted
  • Prodcom 13911910 - Knitted or crocheted fabrics (excluding pile fabrics)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Knitted Or Crocheted Fabrics - Kenya