Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Kenya - 2022
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Kenya (CIF) - 2022
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Kenya (FOB) - 2022
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Kenya
- Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Kenya
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Kenya (CIF) - 2022
In 2022, the average import price for yarn of combed wool, not put up for retail sale amounted to $5,012 per ton, waning by -28.4% against the previous year. Overall, the import price showed a perceptible curtailment. The growth pace was the most rapid in 2019 when the average import price increased by 143% against the previous year. Over the period under review, average import prices hit record highs at $8,022 per ton in 2012; however, from 2013 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 Italy ($31,268 per ton), while the price for China ($2,317 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Kenya (FOB) - 2022
In 2022, the average export price for yarn of combed wool, not put up for retail sale amounted to $10,968 per ton, with an increase of 2.4% against the previous year. In general, the export price, however, continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 an increase of 6.4%. As a result, the export price reached the peak level of $20,544 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
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 Democratic Republic of the Congo ($11,586 per ton), while the average price for exports to Rwanda ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+11.0%), while the prices for the other major destinations experienced a decline.
Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Kenya
Imports of yarn of combed wool, not put up for retail sale into Kenya reduced notably to 1.4 tons in 2022, shrinking by -29.7% on the year before. Overall, imports showed a pronounced slump. The pace of growth was the most pronounced in 2021 with an increase of 358% against the previous year. As a result, imports attained the peak of 2 tons, and then dropped markedly in the following year.
In value terms, imports of yarn of combed wool, not put up for retail sale contracted remarkably to $7K in 2022. Over the period under review, imports showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 402% against the previous year. As a result, imports reached the peak of $14K, and then fell dramatically in the following year.
| Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 6.7 | 1.7 | 9.8 | 3.4 | -20.2% |
| China | 0.7 | 0.3 | 0.4 | 2.3 | 48.7% |
| Italy | 4.3 | 0.6 | 1.4 | 1.3 | -32.9% |
| Spain | N/A | 0.1 | 1.8 | N/A | 1700.0% |
| South Korea | N/A | N/A | 0.3 | N/A | 0% |
| Others | N/A | N/A | 0.1 | N/A | 0% |
| Total | 11.7 | 2.8 | 13.9 | 7.0 | -15.7% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Kenya in 2022:
- China (996.0 kg)
- India (355.0 kg)
- Italy (41.0 kg)
Exports of Yarn of Combed Wool, Not Put Up for Retail Sale in Kenya
In 2022, shipments abroad of yarn of combed wool, not put up for retail sale decreased by -8.8% to 31 kg, falling for the second consecutive year after two years of growth. In general, exports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 119%. As a result, the exports attained the peak of 35 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of yarn of combed wool, not put up for retail sale dropped to $340 in 2022. Overall, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -12.4% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 79% against the previous year. As a result, the exports reached the peak of $388. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Yarn of Combed Wool, Not Put Up for Retail Sale in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 196 | 367 | 354 | 336 | 19.7% |
| South Sudan | 21.0 | 16.0 | 8.0 | 3.0 | -47.7% |
| Rwanda | N/A | N/A | 1.0 | 1.0 | 0.0% |
| Others | N/A | 5.0 | 1.0 | N/A | -80.0% |
| Total | 217 | 388 | 364 | 340 | 16.1% |
Top Export Markets for Yarn of Combed Wool, Not Put Up for Retail Sale from Kenya in 2022:
- Democratic Republic of the Congo (29.0 kg)
- Rwanda (1.0 kg)
- South Sudan (1.0 kg)
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