Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Kenya - 2022

Contents:

  1. Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Kenya (FOB) - 2022
  2. Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Kenya

Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Kenya (FOB) - 2022

In 2022, the average export price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $9 per square meter, with a decrease of -5.2% against the previous year. In general, the export price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2017 an increase of 188% against the previous year. The export price peaked at $21 per square meter in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 the United States ($74 per square meter), while the average price for exports to Burundi ($1.5 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Kenya

Exports of carpets and other textile floor coverings; tufted, whether or not made ups from Kenya fell to 3.1K square meters in 2022, with a decrease of -5.3% on the year before. In general, exports saw a significant curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. The exports peaked at 9.7K square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups expanded markedly to $32K in 2022. Over the period under review, exports faced a sharp setback. The growth pace was the most rapid in 2021 when exports increased by 8.7% against the previous year. The exports peaked at $81K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea11.37.84.812.02.0%
United States0.21.00.66.3215.8%
Uganda0.10.90.22.6196.2%
Somalia1.61.20.82.516.0%
South Sudan50.14.512.22.1-65.3%
Switzerland0.40.70.41.140.1%
Israel2.02.20.70.5-37.0%
Rwanda8.41.72.80.4-63.8%
Sierra Leone0.42.02.00.1-37.0%
Others6.95.45.14.4-13.9%
Total81.327.329.732.1-26.6%

Top Export Markets for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up from Kenya in 2022:

  1. Somalia (896.0 square meters)
  2. Uganda (725.0 square meters)
  3. South Korea (414.0 square meters)
  4. South Sudan (298.0 square meters)
  5. Switzerland (167.0 square meters)
  6. Rwanda (119.0 square meters)
  7. United States (85.0 square meters)
  8. Israel (74.0 square meters)
  9. Sierra Leone (11.0 square meters)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event

Nothing found. Please try again.


Free Data: Carpets and other textile floor coverings; tufted, whether or not made up - Kenya