Price for Jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted in Kenya - 2022

Contents:

  1. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Kenya (FOB) - 2022
  2. Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Kenya (CIF) - 2022
  3. Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Kenya
  4. Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Kenya

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Kenya (FOB) - 2022

The average export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted stood at $4.9 per unit in 2022, with an increase of 7.4% against the previous year. In general, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted increased by +33.4% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 68%. As a result, the export price reached the peak level of $6.5 per unit. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4.7 per unit), while the average price for exports to Panama ($3.3 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 Panama (+9.0%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Kenya (CIF) - 2022

In 2022, the average import price for jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted amounted to $13 per unit, rising by 12% against the previous year. Overall, the import price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2020 an increase of 66% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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 South Africa ($26 per unit), while the price for Germany ($3.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Kenya

In 2022, the amount of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted exported from Kenya skyrocketed to 6.7M units, rising by 84% compared with the previous year. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 258%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted surged to $33M in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 168%. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in the near future.

Export of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Kenya (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.35.714.327.5176.6%
Canada0.70.10.31.322.9%
PanamaN/AN/A0.60.833.3%
Others0.50.31.33.081.7%
Total2.56.116.532.6135.4%

Top Export Markets for Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted from Kenya in 2022:

  1. United States (5.8M units)
  2. Canada (0.4M units)
  3. Panama (0.3M units)

Imports of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Kenya

In 2022, approx. 66K units of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted were imported into Kenya; surging by 48% against 2021. In general, imports showed a perceptible increase. The pace of growth appeared the most rapid in 2021 with an increase of 111% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of jerseys, pullovers, cardigans, waistcoats and similar articles; of cotton, knitted or crocheted soared to $876K in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 162%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in years to come.

Import of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey5.19.759.6413332.6%
Vietnam2.82.35.1149276.1%
South Africa19.017.113711180.1%
China20583.119344.2-40.0%
India11.06.73.124.430.4%
Bangladesh10.28.914.818.922.8%
Hong Kong SAR35.521.220.513.2-28.1%
Others64.252.295.210216.7%
Total35320152887635.4%

Top Suppliers of Jerseys, Pullovers, Cardigans, Waistcoats and Similar Articles; of Cotton, Knitted or Crocheted to Kenya in 2022:

  1. Turkey (30.1K units)
  2. Vietnam (14.5K units)
  3. India (5.5K units)
  4. South Africa (4.3K units)
  5. Hong Kong SAR (3.8K units)
  6. China (1.9K units)
  7. Bangladesh (1.1K units)

Source: IndexBox Market Intelligence Platform

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