Price for Textile Machinery; Spinning Machines in Kenya - 2022
Contents:
- Price for Textile Machinery; Spinning Machines in Kenya (FOB) - 2022
- Price for Textile Machinery; Spinning Machines in Kenya (CIF) - 2022
- Exports of Textile Machinery; Spinning Machines in Kenya
- Imports of Textile Machinery; Spinning Machines in Kenya
Price for Textile Machinery; Spinning Machines in Kenya (FOB) - 2022
The average textile machinery; spinning machines export price stood at $3,918 per unit in 2022, shrinking by -16% against the previous year. Over the period under review, the export price recorded a dramatic descent. The most prominent rate of growth was recorded in 2016 when the average export price increased by 86% against the previous year. Over the period under review, the average export prices reached the maximum at $43,467 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 Uganda ($7,783 per unit), while the average price for exports to Tanzania ($34 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 India (-9.9%), while the prices for the other major destinations experienced a decline.
Price for Textile Machinery; Spinning Machines in Kenya (CIF) - 2022
The average textile machinery; spinning machines import price stood at $9,739 per unit in 2022, jumping by 604% against the previous year. Over the period under review, the import price, however, faced a abrupt setback. The import price peaked at $40,272 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
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 Germany ($37,239 per unit), while the price for China ($4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-0.1%), while the prices for the other major suppliers experienced a decline.
Exports of Textile Machinery; Spinning Machines in Kenya
In 2022, the amount of textile machinery; spinning machineses exported from Kenya amounted to 3 units, approximately equating the previous year's figure. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, textile machinery; spinning machines exports shrank sharply to $12K in 2022. Over the period under review, exports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 47%. Over the period under review, the exports reached the maximum at $59K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Textile Machinery; Spinning Machines in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 44.4 | 3.3 | 9.8 | 7.8 | -44.0% |
| India | 14.7 | 6.1 | 4.2 | 3.9 | -35.7% |
| Tanzania | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 59.3 | 9.5 | 14.0 | 11.8 | -41.6% |
Top Export Markets for Textile Machinery; Spinning Machines from Kenya in 2022:
- Tanzania (1.0 units)
- India (1.0 units)
- Uganda (1.0 units)
Imports of Textile Machinery; Spinning Machines in Kenya
In 2022, approx. 6 units of textile machinery; spinning machineses were imported into Kenya; declining by -25% on the year before. In general, imports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. Over the period under review, imports reached the maximum at 12 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, textile machinery; spinning machines imports skyrocketed to $58K in 2022. Over the period under review, imports continue to indicate a dramatic slump. Over the period under review, imports reached the maximum at $483K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Textile Machinery; Spinning Machines in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.3 | N/A | 5.4 | 37.2 | 398.7% |
| Italy | 71.6 | 73.1 | N/A | 14.3 | -41.5% |
| India | 410 | 31.8 | 0.1 | 6.4 | -75.0% |
| New Zealand | 0.2 | 0.4 | 0.1 | 0.4 | 26.0% |
| United Kingdom | 0.1 | 0.5 | N/A | 0.1 | 0.0% |
| Thailand | N/A | N/A | N/A | N/A | 0% |
| China | 0.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 5.5 | N/A | 0% |
| Total | 483 | 106 | 11.1 | 58.4 | -50.6% |
Top Suppliers of Textile Machinery; Spinning Machines to Kenya in 2022:
- Italy (1.0 units)
- India (1.0 units)
- United Kingdom (1.0 units)
- Germany (1.0 units)
- China (1.0 units)
- New Zealand (1.0 units)
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