Price for Braids; in the Piece in Kenya - 2021

Contents:

  1. Price for Braids; in the Piece in Kenya (CIF) - 2022
  2. Price for Braids; in the Piece in Kenya (FOB) - 2022
  3. Imports of Braids; in the Piece in Kenya
  4. Exports of Braids; in the Piece in Kenya

Price for Braids; in the Piece in Kenya (CIF) - 2022

The average braids; in the piece import price stood at $15,327 per ton in 2022, surging by 5.1% against the previous year. Overall, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, braids; in the piece import price increased by +17.7% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 113% against the previous year. The import price peaked at $18,395 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($20,426 per ton), while the price for China ($5,577 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.4%).

Price for Braids; in the Piece in Kenya (FOB) - 2022

In 2022, the average braids; in the piece export price amounted to $8,547 per ton, declining by -15.4% against the previous year. Overall, the export price, however, saw a resilient expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 99% against the previous year. Over the period under review, the average export prices attained the peak figure at $12,194 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($280,102 per ton), while the average price for exports to Uganda ($1,688 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 (+47.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Braids; in the Piece in Kenya

In 2022, supplies from abroad of braids; in the pieces decreased by -1.9% to 29 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a pronounced decrease. The growth pace was the most rapid in 2020 when imports increased by 5.4%. As a result, imports attained the peak of 35 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, braids; in the piece imports rose to $445K in 2022. In general, imports recorded a slight slump.

Import of Braids; in the Piece in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A2110%
Taiwan (Chinese)403389381177-24.0%
China43.659.414.037.9-4.6%
Others12.69.536.318.613.9%
Total460458431445-1.1%

Top Suppliers of Braids; in the Piece to Kenya in 2022:

  1. India (13.0 tons)
  2. Taiwan (Chinese) (8.7 tons)
  3. China (6.8 tons)

Exports of Braids; in the Piece in Kenya

Braids; in the piece exports from Kenya soared to 1.3 tons in 2022, with an increase of 52% against the previous year. Over the period under review, exports showed resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 74% against the previous year. As a result, the exports reached the peak of 1.7 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, braids; in the piece exports soared to $11K in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 182% against the previous year. As a result, the exports attained the peak of $13K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Braids; in the Piece in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Sudan1.94.41.93.522.6%
Rwanda0.92.51.32.234.7%
Uganda1.02.71.01.514.5%
Ethiopia0.72.00.81.219.7%
CanadaN/AN/A2.0N/A0%
Others0.11.91.52.6196.2%
Total4.813.48.511.031.8%

Top Export Markets for Braids; in the Piece from Kenya in 2022:

  1. Uganda (903.0 kg)
  2. South Sudan (314.0 kg)
  3. Rwanda (27.0 kg)
  4. Ethiopia (21.0 kg)

Source: IndexBox Market Intelligence Platform

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