Kenya: Market for Blankets And Travelling Rugs Of Synthetic Fibres 2023

Market Size for Blankets And Travelling Rugs Of Synthetic Fibres in Kenya

The Kenyan market for blankets and travelling rugs of synthetic fibres was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +6.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Travelling rugs of synthetic fibre consumption peaked at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Production of Blankets And Travelling Rugs Of Synthetic Fibres in Kenya

In value terms, travelling rugs of synthetic fibre production stood at $X in 2021 estimated in export price. In general, production, however, saw strong growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by 53%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Exports of Blankets And Travelling Rugs Of Synthetic Fibres

Exports from Kenya

In 2021, approx. X units of blankets and travelling rugs of synthetic fibres were exported from Kenya; which is down by -22.5% compared with 2020 figures. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 124% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, travelling rugs of synthetic fibre exports fell markedly to $X in 2021. In general, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of 141%. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Zambia (X units), Tanzania (X units) and Uganda (X units) were the main destinations of travelling rugs of synthetic fibre exports from Kenya, with a combined 65% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tanzania (with a CAGR of +11.4%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for travelling rugs of synthetic fibre exported from Kenya were Zambia ($X), Tanzania ($X) and Uganda ($X), together accounting for 65% of total exports.

In terms of the main countries of destination, Tanzania, with a CAGR of +10.5%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for blankets and travelling rugs of synthetic fibres stood at $X per unit in 2021, declining by -10.8% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 8.2%. The export price peaked at $X per unit in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was South Sudan ($X per unit), while the average price for exports to Rwanda ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Blankets And Travelling Rugs Of Synthetic Fibres

Imports into Kenya

In 2021, overseas purchases of blankets and travelling rugs of synthetic fibres increased by 11% to X units, rising for the second consecutive year after three years of decline. In general, total imports indicated a noticeable expansion from 2012 to 2021: its volume increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +23.2% against 2019 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 67%. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, travelling rugs of synthetic fibre imports rose remarkably to $X in 2021. Over the period under review, total imports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +23.4% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 58%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

India (X units), Pakistan (X units) and China (X units) were the main suppliers of travelling rugs of synthetic fibre imports to Kenya, together comprising 87% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Pakistan (with a CAGR of +91.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest travelling rugs of synthetic fibre suppliers to Kenya were India ($X), Pakistan ($X) and China ($X), with a combined 84% share of total imports.

Pakistan, with a CAGR of +72.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for blankets and travelling rugs of synthetic fibres stood at $X per unit in 2021, rising by 1.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 34% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Hungary ($X per unit), while the price for Uganda ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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