Price for Embroidery; in the Piece, in Strips or in Motifs in Kenya - 2022
Contents:
- Price for Embroidery; in the Piece, in Strips or in Motifs in Kenya (CIF) - 2022
- Price for Embroidery; in the Piece, in Strips or in Motifs in Kenya (FOB) - 2022
- Imports of Embroidery; in the Piece, in Strips or in Motifs in Kenya
- Exports of Embroidery; in the Piece, in Strips or in Motifs in Kenya
Price for Embroidery; in the Piece, in Strips or in Motifs in Kenya (CIF) - 2022
In 2022, the average import price for embroidery; in the piece, in strips or in motifses amounted to $9,257 per ton, surging by 20% against the previous year. Overall, the import price saw a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $9,366 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 Turkey ($19,138 per ton), while the price for China ($7,820 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 (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Embroidery; in the Piece, in Strips or in Motifs in Kenya (FOB) - 2022
The average export price for embroidery; in the piece, in strips or in motifses stood at $54,000 per ton in 2022, picking up by 1,104% against the previous year. Over the period under review, the export price continues to indicate strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($245,000 per ton), while the average price for exports to the United States stood at $26,714 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+65.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Embroidery; in the Piece, in Strips or in Motifs in Kenya
Imports of embroidery; in the piece, in strips or in motifses into Kenya reduced notably to 16 tons in 2022, waning by -96.2% against the previous year. In general, imports showed a sharp shrinkage. The growth pace was the most rapid in 2021 when imports increased by 27% against the previous year. As a result, imports attained the peak of 408 tons, and then declined sharply in the following year.
In value terms, imports of embroidery; in the piece, in strips or in motifses dropped markedly to $144K in 2022. Over the period under review, imports faced a precipitous slump. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year. As a result, imports reached the peak of $3.1M, and then shrank sharply in the following year.
| Import of Embroidery; in the Piece, in Strips or in Motifs in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,362 | 2,613 | 3,103 | 110 | -64.0% |
| Turkey | N/A | N/A | 0.1 | 17.6 | 17500.0% |
| United Arab Emirates | 36.3 | 12.5 | 9.1 | 4.1 | -51.7% |
| Others | 174 | 62.8 | 34.7 | 12.4 | -58.5% |
| Total | 2,572 | 2,688 | 3,147 | 144 | -61.7% |
Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Kenya in 2022:
- China (14.1 tons)
- Turkey (0.9 tons)
- United Arab Emirates (0.3 tons)
Exports of Embroidery; in the Piece, in Strips or in Motifs in Kenya
In 2022, after three years of growth, there was significant decline in shipments abroad of embroidery; in the piece, in strips or in motifses, when their volume decreased by -99.9% to 8 kg. In general, exports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 4,633% against the previous year.
In value terms, exports of embroidery; in the piece, in strips or in motifses dropped rapidly to $432 in 2022. Overall, exports, however, recorded notable growth. The most prominent rate of growth was recorded in 2020 when exports increased by 11,049%.
| Export of Embroidery; in the Piece, in Strips or in Motifs in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 0.2 | 0% |
| Rwanda | N/A | 4.3 | N/A | 0.2 | -78.4% |
| Uganda | 0.1 | 0.9 | 29.2 | N/A | 1608.8% |
| Italy | N/A | 38.4 | 16.4 | N/A | -57.3% |
| Others | 0.3 | N/A | 0.7 | N/A | 52.8% |
| Total | 0.4 | 43.6 | 46.3 | 0.4 | 0.0% |
Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Kenya in 2022:
- United States (7.0 kg)
- Rwanda (1.0 kg)
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