Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Kenya - 2022
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Kenya (CIF) - 2022
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Kenya (FOB) - 2022
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Kenya
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Kenya
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Kenya (CIF) - 2022
The average import price for yarn of carded wool, not put up for retail sale stood at $7,341 per ton in 2022, declining by -67.8% against the previous year. Over the period under review, the import price saw a noticeable downturn. The pace of growth appeared the most rapid in 2021 an increase of 293% against the previous year. As a result, import price reached the peak level of $22,825 per ton, and then reduced markedly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($28,984 per ton), while the price for Finland ($5,725 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (+35,723.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Kenya (FOB) - 2022
In 2022, the average export price for yarn of carded wool, not put up for retail sale amounted to $4,000 per ton, waning by -55.1% against the previous year. Over the period under review, the export price, however, showed a resilient increase. The growth pace was the most rapid in 2021 when the average export price increased by 182% against the previous year. As a result, the export price attained the peak level of $8,900 per ton, and then shrank notably in the following year.
As there is only one major export destination, the average price level is determined by prices for Uganda.
From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to +6.6% per year.
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Kenya
In 2022, approx. 7.2 tons of yarn of carded wool, not put up for retail sale were imported into Kenya; jumping by 1,009% on the year before. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of yarn of carded wool, not put up for retail sale surged to $53K in 2022. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 26.1 | 7.7 | 6.8 | 14.2 | -18.4% |
| China | N/A | 0.6 | 1.8 | 13.8 | 379.6% |
| Finland | N/A | N/A | N/A | 13.7 | 0% |
| Egypt | 2.1 | 0.4 | 0.1 | 0.2 | -54.3% |
| Mauritius | N/A | 14.2 | 6.1 | N/A | -57.0% |
| Others | 0.2 | N/A | N/A | 11.2 | 282.6% |
| Total | 28.4 | 22.9 | 14.9 | 53.1 | 23.2% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Kenya in 2022:
- Finland (2.4 tons)
- China (1.9 tons)
- Italy (0.5 tons)
Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Kenya
After two years of decline, overseas shipments of yarn of carded wool, not put up for retail sale increased by 170% to 27 kg in 2022. Overall, exports, however, continue to indicate a sharp decrease.
In value terms, exports of yarn of carded wool, not put up for retail sale soared to $108 in 2022. Over the period under review, exports, however, continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 117%.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 194 | 41.0 | 28.0 | 108 | -17.7% |
| Others | N/A | N/A | 61.0 | N/A | 0% |
| Total | 194 | 41.0 | 89.0 | 108 | -17.7% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Kenya in 2022:
- Uganda (27.0 kg)
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