Kenya: Market for Coconut, Abaca, Ramie and other Vegetable Textile Fibres 2024

Market Size for Coconut, Abaca, Ramie and other Vegetable Textile Fibres in Kenya

For the third year in a row, the Kenyan market for coconut, abaca, ramie and other vegetable textile fibres recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption saw a deep downturn. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Production of Coconut, Abaca, Ramie and other Vegetable Textile Fibres in Kenya

In value terms, production of coconut, abaca, ramie and other vegetable textile fibres amounted to $X in 2022 estimated in export price. In general, production, however, continues to indicate a slight setback. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2018 to 2022, production of growth failed to regain momentum.

The average yield of coconut, abaca, ramie and other vegetable textile fibres in Kenya expanded slightly to X tons per ha in 2022, increasing by X% compared with the year before. In general, the yield indicated a temperate increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, yield of coconut, abaca, ramie and other vegetable textile fibres increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The yield of coconut, abaca, ramie and other vegetable textile fibres peaked in 2022 and is expected to retain growth in the near future. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The harvested area of coconut, abaca, ramie and other vegetable textile fibres in Kenya reached X ha in 2022, almost unchanged from the previous year. Over the period under review, the harvested area, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X%. The harvested area of coconut, abaca, ramie and other vegetable textile fibres peaked at X ha in 2012; however, from 2013 to 2022, the harvested area failed to regain momentum.

Exports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Exports from Kenya

In 2022, approx. X tons of coconut, abaca, ramie and other vegetable textile fibres were exported from Kenya; growing by X% against the previous year's figure. Overall, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of coconut, abaca, ramie and other vegetable textile fibres reached $X in 2022. In general, exports posted resilient growth. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Nigeria (X tons) was the main destination for exports of coconut, abaca, ramie and other vegetable textile fibres from Kenya, accounting for a X% share of total exports. Moreover, exports of coconut, abaca, ramie and other vegetable textile fibres to Nigeria exceeded the volume sent to the second major destination, Saudi Arabia (X tons), fourfold. Ghana (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Nigeria stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Ghana (X% per year).

In value terms, Nigeria ($X) remains the key foreign market for coconut, abaca, ramie and other vegetable textile fibres exports from Kenya, comprising X% of total exports. The second position in the ranking was held by Saudi Arabia ($X), with a X% share of total exports. It was followed by Ghana, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Nigeria amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Saudi Arabia (X% per year) and Ghana (X% per year).

Export Prices by Country

In 2022, the average export price for coconut, abaca, ramie and other vegetable textile fibres amounted to $X per ton, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($X per ton) and Senegal ($X per ton), while the average price for exports to Ghana ($X per ton) and the Philippines ($X 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 Nigeria (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Coconut, Abaca, Ramie and other Vegetable Textile Fibres

Imports into Kenya

For the third year in a row, Kenya recorded decline in supplies from abroad of coconut, abaca, ramie and other vegetable textile fibres, which decreased by X% to X tons in 2022. In general, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of coconut, abaca, ramie and other vegetable textile fibres fell markedly to $X in 2022. Overall, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

India (X tons), Sri Lanka (X tons) and the UK (X tons) were the main suppliers of imports of coconut, abaca, ramie and other vegetable textile fibres to Kenya, with a combined X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sri Lanka (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, India ($X), Sri Lanka ($X) and the UK ($X) were the largest coconut, abaca, ramie and other vegetable textile fibre suppliers to Kenya, together accounting for X% of total imports.

Sri Lanka, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average import price for coconut, abaca, ramie and other vegetable textile fibres stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price enjoyed a buoyant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 the UK ($X per ton), while the price for Sri Lanka ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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