Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Kenya - 2022
Contents:
- Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Kenya (CIF) - 2022
- Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Kenya (FOB) - 2022
- Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Kenya
- Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Kenya
Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Kenya (CIF) - 2022
In 2022, the average import price for woven fabrics of combed wool or of combed fine animal hair amounted to $6.8 per square meter, remaining constant against the previous year. Overall, the import price posted a strong expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 152%. Over the period under review, average import prices hit record highs at $11 per square meter in 2014; however, from 2015 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 Switzerland ($27 per square meter), while the price for Hong Kong SAR ($0.3 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Kenya (FOB) - 2022
The average export price for woven fabrics of combed wool or of combed fine animal hair stood at $2.9 per square meter in 2022, waning by -38.7% against the previous year. In general, the export price showed a pronounced descent. The pace of growth was the most pronounced in 2019 when the average export price increased by 89%. The export price peaked at $6.6 per square meter in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -4.8% per year.
Imports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Kenya
In 2022, purchases abroad of woven fabrics of combed wool or of combed fine animal hair decreased by -14.7% to 21K square meters for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 15% against the previous year. Imports peaked at 25K square meters in 2021, and then shrank in the following year.
In value terms, imports of woven fabrics of combed wool or of combed fine animal hair contracted to $143K in 2022. The total import value increased at an average annual rate of +7.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 22%. As a result, imports reached the peak of $167K, and then declined in the following year.
| Import of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 20.9 | 38.9 | 68.2 | 49.7 | 33.5% |
| United States | 15.4 | 24.5 | 21.9 | 26.2 | 19.4% |
| Germany | 58.1 | 53.6 | 49.7 | 25.1 | -24.4% |
| Switzerland | 10.6 | 8.4 | 10.8 | 19.0 | 21.5% |
| India | 3.7 | 4.3 | 8.0 | 17.0 | 66.2% |
| China | 0.6 | 0.9 | 1.4 | 2.5 | 60.9% |
| United Arab Emirates | 1.3 | 2.0 | 1.0 | 1.5 | 4.9% |
| Others | 4.8 | 4.8 | 5.9 | 1.4 | -33.7% |
| Total | 115 | 137 | 167 | 143 | 7.5% |
Top Suppliers of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair to Kenya in 2022:
- United Kingdom (8.0K square meters)
- India (3.1K square meters)
- United Arab Emirates (2.7K square meters)
- United States (2.1K square meters)
- Germany (2.1K square meters)
- China (1.7K square meters)
- Switzerland (0.7K square meters)
Exports of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Kenya
Exports of woven fabrics of combed wool or of combed fine animal hair from Kenya skyrocketed to 425 square meters in 2022, growing by 92% on the year before. Overall, exports showed a pronounced expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of woven fabrics of combed wool or of combed fine animal hair skyrocketed to $1.2K in 2022. Over the period under review, exports, however, saw a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 22%. Over the period under review, the exports of attained the peak figure at $1.7K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Woven Fabrics of Combed Wool or of Combed Fine Animal Hair in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 1.6 | 0.8 | 1.0 | 1.2 | -9.1% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 1.7 | 0.9 | 1.1 | 1.2 | -11.0% |
Top Export Markets for Woven Fabrics of Combed Wool or of Combed Fine Animal Hair from Kenya in 2022:
- Saudi Arabia (421.0 square meters)
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