Kenya: Cotton Yarn Market 2024

Cotton Yarn Market Size in Kenya

The Kenyan cotton yarn market amounted to $X in 2022, with an increase of X% against the previous year. In general, the total consumption indicated resilient growth from 2012 to 2022: its value 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, consumption decreased by X% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Cotton Yarn Production in Kenya

In value terms, cotton yarn production totaled $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of X%. Cotton yarn production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Cotton Yarn Exports

Exports from Kenya

In 2022, shipments abroad of cotton yarn decreased by X% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, exports faced a deep slump. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

In value terms, cotton yarn exports reduced dramatically to $X in 2022. In general, exports faced a deep slump. The pace of growth was the most pronounced in 2017 when exports increased by X%. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

South Sudan (X tons) was the main destination for cotton yarn exports from Kenya, accounting for a X% share of total exports. Moreover, cotton yarn exports to South Sudan exceeded the volume sent to the second major destination, Democratic Republic of the Congo (X tons), twofold. Rwanda (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to South Sudan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (X% per year) and Rwanda (X% per year).

In value terms, South Sudan ($X) emerged as the key foreign market for cotton yarn exports from Kenya, comprising X% of total exports. The second position in the ranking was held by Democratic Republic of the Congo ($X), with a X% share of total exports. It was followed by Rwanda, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to South Sudan amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Democratic Republic of the Congo (X% per year) and Rwanda (X% per year).

Export Prices by Country

The average cotton yarn export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, export price indicated a moderate increase from 2012 to 2022: its price 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, cotton yarn export price increased by X% against 2020 indices. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Sudan ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X 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 Tanzania (X%), while the prices for the other major destinations experienced mixed trend patterns.

Cotton Yarn Imports

Imports into Kenya

In 2022, approx. X tons of cotton yarn were imported into Kenya; jumping by X% compared with the previous year's figure. Over the period under review, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cotton yarn imports expanded significantly to $X in 2022. In general, imports enjoyed perceptible growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Malaysia (X tons), India (X tons) and Tanzania (X tons) were the main suppliers of cotton yarn imports to Kenya, with a combined X% share of total imports. Uganda, Indonesia and Angola lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Angola (with a CAGR of X,900.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), Tanzania ($X) and Malaysia ($X) were the largest cotton yarn suppliers to Kenya, together accounting for X% of total imports. Uganda, Angola and Indonesia lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Angola, with a CAGR of X,000.0%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cotton yarn import price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price showed a pronounced curtailment. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Tanzania ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Angola (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :