Price for Fibres; Synthetic Filament Tow, of Polyesters in Kenya - 2022

Contents:

  1. Price for Fibres; Synthetic Filament Tow, of Polyesters in Kenya (CIF) - 2022
  2. Imports of Fibres; Synthetic Filament Tow, of Polyesters in Kenya

Price for Fibres; Synthetic Filament Tow, of Polyesters in Kenya (CIF) - 2022

The average import price for fibres; synthetic filament tow, of polyesterses stood at $4,755 per ton in 2022, waning by -16.3% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 32% against the previous year. The import price peaked at $7,039 per ton in 2015; however, from 2016 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 Japan ($5,407 per ton), while the price for South Korea ($4,732 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+35.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Fibres; Synthetic Filament Tow, of Polyesters in Kenya

Imports of fibres; synthetic filament tow, of polyesterses into Kenya contracted sharply to 75 tons in 2022, with a decrease of -59% against the year before. Over the period under review, imports saw a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 32%. As a result, imports reached the peak of 183 tons, and then reduced dramatically in the following year.

In value terms, imports of fibres; synthetic filament tow, of polyesterses fell sharply to $356K in 2022. In general, imports recorded a precipitous descent. The pace of growth was the most pronounced in 2021 with an increase of 74% against the previous year. As a result, imports reached the peak of $1M, and then shrank sharply in the following year.

Import of Fibres; Synthetic Filament Tow, of Polyesters in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea10445.233219823.9%
China92.911117915618.9%
Japan14520569.51.9-76.4%
SwitzerlandN/A30.7N/AN/A0%
Malaysia91.579.768.6N/A-13.4%
India37.680.7116N/A75.6%
United Arab Emirates203N/AN/AN/A0%
South Africa17644.9274N/A24.8%
OthersN/AN/AN/A0.50%
Total8515971,040356-25.2%

Top Suppliers of Fibres; Synthetic Filament Tow, of Polyesters to Kenya in 2022:

  1. South Korea (41.9 tons)
  2. China (32.7 tons)
  3. Japan (0.3 tons)

Source: IndexBox Market Intelligence Platform

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