Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Kenya - 2022
Contents:
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Kenya (CIF) - 2022
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Kenya (FOB) - 2022
- Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Kenya
- Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Kenya
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Kenya (CIF) - 2022
In 2022, the average import price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $15,027 per ton, shrinking by -41.1% against the previous year. In general, the import price, however, recorded significant growth. The growth pace was the most rapid in 2017 when the average import price increased by 201% against the previous year. The import price peaked at $26,496 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($32,366 per ton), while the price for India ($5,473 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+32.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Kenya (FOB) - 2022
In 2022, the average export price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $9,875 per ton, picking up by 49% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($42,111 per ton), while the average price for exports to Democratic Republic of the Congo totaled $7,927 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+7.7%).
Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Kenya
Imports of man-made filament yarn (other than sewing thread), put up for retail sale into Kenya surged to 46 tons in 2022, with an increase of 129% against 2021. Over the period under review, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale soared to $696K in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 207% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 277 | 54.8 | 399 | 356 | 8.7% |
| China | 27.1 | 45.0 | 10.7 | 245 | 108.3% |
| India | 56.8 | 49.3 | 73.2 | 83.3 | 13.6% |
| Others | 9.9 | 19.1 | 33.9 | 11.5 | 5.1% |
| Total | 371 | 168 | 517 | 696 | 23.3% |
Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to Kenya in 2022:
- China (19.9 tons)
- India (15.2 tons)
- Vietnam (11.0 tons)
Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Kenya
In 2022, overseas shipments of man-made filament yarn (other than sewing thread), put up for retail sale decreased by -32.2% to 162 kg, falling for the second consecutive year after two years of growth. Overall, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 122%. As a result, the exports attained the peak of 487 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale contracted to $1.6K in 2022. Over the period under review, exports, however, recorded notable growth. The pace of growth appeared the most rapid in 2020 when exports increased by 116% against the previous year. As a result, the exports attained the peak of $3.1K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 1,017 | 2,241 | 1,165 | 1,197 | 5.6% |
| Tanzania | 430 | 889 | 413 | 379 | -4.1% |
| Others | 4.0 | 7.0 | 3.0 | 4.0 | 0.0% |
| Total | 1,451 | 3,137 | 1,581 | 1,580 | 2.9% |
Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from Kenya in 2022:
- Democratic Republic of the Congo (151.0 kg)
- Tanzania (9.0 kg)
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