Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Kenya - 2022
Contents:
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Kenya (CIF) - 2022
- Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Kenya (FOB) - 2022
- Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Kenya
- Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Kenya
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Kenya (CIF) - 2022
In 2022, the average import price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $22,385 per ton, surging by 1.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The growth pace was the most rapid in 2016 an increase of 30% against the previous year. The import price peaked at $23,015 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($37,119 per ton), while the price for South Africa ($11,414 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Kenya (FOB) - 2022
In 2022, the average export price for press-fasteners, snap-fasteners, press-studs and parts therefor amounted to $2,676 per ton, dropping by -82.1% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 145%. As a result, the export price reached the peak level of $14,917 per ton, and then declined dramatically in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($6,000 per ton), while the average price for exports to Rwanda amounted to $2,576 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+12.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Kenya
In 2022, the amount of press-fasteners, snap-fasteners, press-studs and parts therefor imported into Kenya expanded significantly to 37 tons, growing by 11% compared with 2021 figures. Overall, imports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 12%.
In value terms, imports of press-fasteners, snap-fasteners, press-studs and parts therefor expanded sharply to $832K in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 438 | 224 | 429 | 592 | 10.6% |
| Hong Kong SAR | 165 | 186 | 120 | 113 | -11.9% |
| Swaziland | 0.8 | 0.6 | 28.7 | 83.2 | 370.3% |
| South Africa | 100 | 136 | 102 | 0.3 | -85.6% |
| Others | 118 | 96.5 | 57.7 | 43.8 | -28.1% |
| Total | 822 | 643 | 737 | 832 | 0.4% |
Top Suppliers of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor to Kenya in 2022:
- China (25.7 tons)
- Swaziland (4.9 tons)
- Hong Kong SAR (4.6 tons)
Exports of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Kenya
In 2022, overseas shipments of press-fasteners, snap-fasteners, press-studs and parts therefor were finally on the rise to reach 34 kg after two years of decline. Overall, exports, however, recorded a sharp descent.
In value terms, exports of press-fasteners, snap-fasteners, press-studs and parts therefor fell significantly to $91 in 2022. Over the period under review, exports, however, continue to indicate a significant decrease. The smallest decline of -33.2% was in 2021.
| Export of Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 86.0 | 20.0 | 1.0 | 85.0 | -0.4% |
| Burundi | 78.0 | 52.0 | 5.0 | 6.0 | -57.5% |
| Uganda | 372 | 50.0 | 4.0 | N/A | -89.6% |
| Vietnam | N/A | N/A | 148 | N/A | 0% |
| Democratic Republic of the Congo | 62.0 | 67.0 | 9.0 | N/A | -61.9% |
| Others | 109 | 79.0 | 12.0 | N/A | -66.8% |
| Total | 707 | 268 | 179 | 91.0 | -49.5% |
Top Export Markets for Press-Fasteners, Snap-Fasteners, Press-Studs and Parts Therefor from Kenya in 2022:
- Rwanda (33.0 kg)
- Burundi (1.0 kg)
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