Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Kenya - 2022

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Kenya (CIF) - 2022
  2. Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Kenya

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Kenya (CIF) - 2022

In 2022, the average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $9,545 per ton, increasing by 22% 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 2015 when the average import price increased by 120% against the previous year. The import price peaked at $10,124 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mauritius ($9,607 per ton), while the price for India stood at $9,130 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.8%), while the prices for the other major suppliers experienced a decline.

Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Kenya

In 2022, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted into Kenya shrank remarkably to 10 tons, dropping by -20.4% on the year before. Over the period under review, imports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 86% against the previous year.

In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted shrank slightly to $97K in 2022. Overall, imports recorded a precipitous curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 191% against the previous year.

Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mauritius64.62.92.585.39.7%
India12.818.221.012.1-1.9%
China1203.343.0N/A-40.1%
Taiwan (Chinese)N/AN/A18.1N/A0%
Turkey8.79.19.9N/A6.7%
Others0.70.85.5N/A180.3%
Total20734.399.997.4-22.2%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Kenya in 2022:

  1. Mauritius (8.9 tons)
  2. India (1.3 tons)

Source: IndexBox Market Intelligence Platform

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