Price for Engravings, Prints and Lithographs; Original in Kenya - 2021

Contents:

1. Price for Engravings, Prints and Lithographs; Original in Kenya (CIF) - 2022
2. Price for Engravings, Prints and Lithographs; Original in Kenya (FOB) - 2022
3. Imports of Engravings, Prints and Lithographs; Original in Kenya
4. Exports of Engravings, Prints and Lithographs; Original in Kenya

Price for Engravings, Prints and Lithographs; Original in Kenya (CIF) - 2022

In 2022, the average import price for engravings, prints and lithographs; originals amounted to $66 per unit, falling by -33.9% against the previous year. In general, the import price, however, showed a remarkable increase. The growth pace was the most rapid in 2021 an increase of 408% against the previous year. As a result, import price attained the peak level of $99 per unit, and then declined remarkably in the following year.

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 Italy ($265 per unit), while the price for China ($5.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+42.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Engravings, Prints and Lithographs; Original in Kenya (FOB) - 2022

The average export price for engravings, prints and lithographs; originals stood at $36 per unit in 2022, shrinking by -25.6% against the previous year. In general, the export price saw a pronounced downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by 1,374% against the previous year. As a result, the export price reached the peak level of $93 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($1,406 per unit), while the average price for exports to Tanzania ($4.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+35.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Engravings, Prints and Lithographs; Original in Kenya

In 2022, imports of engravings, prints and lithographs; originals into Kenya skyrocketed to 200 units, increasing by 19% against the year before. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 143% against the previous year. As a result, imports reached the peak of 491 units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, engravings, prints and lithographs; original imports shrank rapidly to $13K in 2022. Overall, imports showed a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 458% against the previous year. Over the period under review, imports attained the peak figure at $17K in 2021, and then contracted rapidly in the following year.

Top Suppliers of Engravings, Prints and Lithographs; Original to Kenya in 2022:

1. United Kingdom (67.0 units)
2. China (67.0 units)
3. Italy (24.0 units)
4. United States (16.0 units)
5. South Africa (16.0 units)
6. India (10.0 units)

Exports of Engravings, Prints and Lithographs; Original in Kenya

In 2022, overseas shipments of engravings, prints and lithographs; originals decreased by -3.1% to 221 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 133%. As a result, the exports reached the peak of 228 units, and then contracted in the following year.

In value terms, engravings, prints and lithographs; original exports fell notably to $8K in 2022. Overall, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 127% against the previous year. As a result, the exports reached the peak of $11K, and then declined dramatically in the following year.

Top Export Markets for Engravings, Prints and Lithographs; Original from Kenya in 2022:

1. Tanzania (175.0 units)
2. Uganda (16.0 units)
3. United Kingdom (11.0 units)
4. Canada (9.0 units)
5. France (3.0 units)

Source: IndexBox Market Intelligence Platform