Kenya - Sisal Binder Or Baler (Agricultural) Twines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSisal Binder Price in Kenya - 2021
Contents:
- Sisal Binder Price in Kenya (FOB) - 2022
- Sisal Binder Price in Kenya (CIF) - 2022
- Sisal Binder Exports in Kenya
- Sisal Binder Imports in Kenya
Sisal Binder Price in Kenya (FOB) - 2022
The average sisal binder export price stood at $1,325 per ton in 2022, surging by 1.5% against the previous year. In general, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sisal binder export price decreased by -4.9% against 2018 indices. The pace of growth appeared the most rapid in 2017 an increase of 45%. The export price peaked at $1,393 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Rwanda ($1,607 per ton) and Uganda ($1,429 per ton), while the average price for exports to the United Arab Emirates ($1,224 per ton) and Saudi Arabia ($1,303 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.
Sisal Binder Price in Kenya (CIF) - 2022
In 2022, the average sisal binder import price amounted to $3,303 per ton, waning by -9.5% against the previous year. Overall, the import price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2016 an increase of 161% against the previous year. Over the period under review, average import prices attained the peak figure at $5,796 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($4,000 per ton), while the price for the UK ($3,233 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Sisal Binder Exports in Kenya
In 2022, after two years of decline, there was significant growth in shipments abroad of sisal binder or baler (agricultural) twines, when their volume increased by 70% to 83 tons. Overall, exports, however, recorded a precipitous shrinkage.
In value terms, sisal binder exports soared to $110K in 2022. In general, exports, however, continue to indicate a dramatic slump.
| Export of Sisal Binder in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 102 | 81.3 | 54.6 | 86.5 | -5.3% |
| Uganda | 8.2 | 4.4 | 5.1 | 12.1 | 13.8% |
| United Arab Emirates | 1.3 | 5.6 | 0.6 | 4.7 | 53.5% |
| Rwanda | 8.2 | 2.2 | 2.0 | 3.6 | -24.0% |
| China | 46.7 | N/A | N/A | N/A | 0% |
| Togo | 20.8 | 27.9 | N/A | N/A | 34.1% |
| Libya | 16.9 | 8.8 | N/A | N/A | -47.9% |
| Mauritania | 1.9 | N/A | N/A | N/A | 0% |
| Ghana | 13.2 | 1.3 | N/A | N/A | -90.2% |
| Others | 29.6 | 24.5 | 1.2 | 2.9 | -53.9% |
| Total | 248 | 156 | 63.6 | 110 | -23.7% |
Top Export Markets for Sisal Binder from Kenya in 2022:
- Saudi Arabia (66.4 tons)
- Uganda (8.5 tons)
- United Arab Emirates (3.8 tons)
- Rwanda (2.3 tons)
Sisal Binder Imports in Kenya
In 2022, supplies from abroad of sisal binder or baler (agricultural) twines was finally on the rise to reach 290 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a precipitous setback.
In value terms, sisal binder imports expanded sharply to $958 in 2022. Overall, imports, however, continue to indicate a sharp decrease.
| Import of Sisal Binder in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 694 | 564 | 537 | 556 | -7.1% |
| China | 453 | 361 | 339 | 385 | -5.3% |
| Luxembourg | N/A | 74.0 | N/A | N/A | 0% |
| Others | 722 | 19.0 | 22.0 | 17.0 | -71.3% |
| Total | 1,869 | 1,018 | 898 | 958 | -20.0% |
Top Suppliers of Sisal Binder to Kenya in 2022:
- United Kingdom (172.0 kg)
- China (112.0 kg)
This report provides an in-depth analysis of the sisal binder market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13941153 - Sisal binder or baler (agricultural) twines
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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