Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Kenya - 2022

Contents:

1. Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Kenya (CIF) - 2022
2. Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Kenya (FOB) - 2022
3. Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Kenya
4. Exports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Kenya

Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Kenya (CIF) - 2022

The average import price for slide fasteners; fitted with chain scoops of base metals stood at $271 per thousand units in December 2021, with a decrease of -5.3% against the previous month. Over the period under review, the import price, however, recorded a measured increase. The growth pace was the most rapid in November 2021 an increase of 269% against the previous month. The import price peaked at $349 per thousand units in March 2021; however, from April 2021 to December 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was South Africa ($380 per thousand units), while the price for China ($133 per thousand units) was amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by China (+7.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Slide Fasteners; Fitted with Chain Scoops of Base Metal in Kenya (FOB) - 2022

The average export price for slide fasteners; fitted with chain scoops of base metals stood at less than $0.1 per unit in 2022, reducing by -91.6% against the previous year. In general, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by 685% against the previous year. As a result, the export price reached the peak level of $1.1 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($0.2 per unit), while the average price for exports to South Sudan (less than $0.1 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 Egypt (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Kenya

In 2022, overseas purchases of slide fasteners; fitted with chain scoops of base metals decreased by -4.6% to 8.2M units, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 15%. As a result, imports attained the peak of 9.6M units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of slide fasteners; fitted with chain scoops of base metals totaled $1.7M in 2022. The total import value increased at an average annual rate of +6.9% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 20%. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Slide Fasteners; Fitted with Chain Scoops of Base Metal to Kenya in 2022:

1. China (4.1M units)
2. Swaziland (2.1M units)
3. South Africa (1.3M units)
4. Hong Kong SAR (0.5M units)

Exports of Slide Fasteners; Fitted with Chain Scoops of Base Metal in Kenya

In 2022, shipments abroad of slide fasteners; fitted with chain scoops of base metals was finally on the rise to reach 4.6K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a precipitous contraction. The exports peaked at 347K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of slide fasteners; fitted with chain scoops of base metals reduced dramatically to $158 in 2022. Over the period under review, exports, however, showed a precipitous decrease. The smallest decline of -38.5% was in 2021. Over the period under review, the exports of attained the peak figure at $54K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Slide Fasteners; Fitted with Chain Scoops of Base Metal from Kenya in 2022:

1. South Sudan (4.0K units)
2. Rwanda (0.4K units)
3. Tanzania (0.2K units)

Source: IndexBox Market Intelligence Platform