Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Kenya - 2022

Contents:

1. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Kenya (CIF) - 2022
2. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Kenya (FOB) - 2022
3. Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Kenya
4. Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Kenya

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Kenya (CIF) - 2022

The average import price for wadding; other articles thereof, of man-made fibreses stood at $3,791 per ton in 2022, reducing by -71.8% against the previous year. Overall, the import price saw a slight shrinkage. The most prominent rate of growth was recorded in 2013 when the average import price increased by 257% against the previous year. The import price peaked at $20,669 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 India ($15,275 per ton), while the price for Turkey ($1,543 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Kenya (FOB) - 2022

The average export price for wadding; other articles thereof, of man-made fibreses stood at $3,737 per ton in 2022, remaining relatively unchanged against the previous year. In general, the export price showed a abrupt decrease. The pace of growth was the most pronounced in 2021 a decrease of 99.9%. Over the period under review, the average export prices attained the peak figure at $6,733 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($9,800 per ton), while the average price for exports to Uganda ($1,000 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (-9.5%).

Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Kenya

For the third consecutive year, Kenya recorded decline in purchases abroad of wadding; other articles thereof, of man-made fibreses, which decreased by -96.2% to 4 tons in 2022. Over the period under review, imports showed a sharp setback. The smallest decline of -8.6% was in 2020.

In value terms, imports of wadding; other articles thereof, of man-made fibreses shrank significantly to $15K in 2022. In general, imports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 54% against the previous year.

Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Kenya in 2022:

1. China (3.8 tons)
2. India (0.2 tons)
3. Turkey (0.1 tons)

Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Kenya

Exports of wadding; other articles thereof, of man-made fibreses from Kenya amounted to 19 kg in 2022, leveling off at 2021. Overall, exports continue to indicate a dramatic contraction. The smallest decline of 99.9% was in 2021.

In value terms, exports of wadding; other articles thereof, of man-made fibreses totaled $71 in 2022. In general, exports recorded a significant contraction. The smallest decline of 99.9% was in 2021.

Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Kenya in 2022:

1. Central African Republic (13.0 kg)
2. United Kingdom (5.0 kg)
3. Uganda (1.0 kg)

Source: IndexBox Market Intelligence Platform