Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Kenya - 2022

Contents:

  1. Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Kenya (CIF) - 2022
  2. Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Kenya (FOB) - 2022
  3. Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Kenya
  4. Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Kenya

Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Kenya (CIF) - 2022

The average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $5,931 per unit in 2022, reducing by -19.1% against the previous year. Over the period under review, the import price, however, enjoyed perceptible growth. The pace of growth appeared the most rapid in 2021 an increase of 715% against the previous year. The import price peaked at $33,978 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($24,164 per unit), while the price for the United Arab Emirates ($68 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+25.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Kenya (FOB) - 2022

In 2022, the average export price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses amounted to $2,407 per unit, surging by 178% against the previous year. Over the period under review, the export price continues to indicate prominent growth. The growth pace was the most rapid in 2017 when the average export price increased by 212%. Over the period under review, the average export prices reached the peak figure at $2,672 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($3,138 per unit), while the average price for exports to Uganda amounted to $946 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+32.2%).

Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Kenya

In 2022, approx. 34 units of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses were imported into Kenya; falling by -12.8% compared with the year before. In general, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 225% against the previous year. As a result, imports reached the peak of 39 units, and then declined in the following year.

In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses shrank remarkably to $202K in 2022. Overall, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 2,549% against the previous year. As a result, imports attained the peak of $286K, and then reduced notably in the following year.

Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)5.01.32.650.9116.7%
South Korea9.75.213450.373.1%
China2.51.045.737.3146.2%
Italy2.01.646.724.2129.6%
IndiaN/AN/A2.65.092.3%
South Africa0.10.27.84.9265.9%
Turkey0.10.13.11.6152.0%
United Kingdom0.50.37.21.544.2%
FranceN/A0.4N/A0.40.0%
United StatesN/AN/A0.60.3-50.0%
United Arab Emirates0.4N/A0.10.1-37.0%
Japan0.5N/A4.2N/A189.8%
Others1.80.631.625.2141.0%
Total22.510.8286202107.8%

Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Kenya in 2022:

  1. South Korea (10.0 units)
  2. China (5.0 units)
  3. Turkey (4.0 units)
  4. Taiwan (Chinese) (4.0 units)
  5. South Africa (4.0 units)
  6. India (2.0 units)
  7. United States (1.0 units)
  8. Italy (1.0 units)
  9. United Arab Emirates (1.0 units)
  10. France (1.0 units)
  11. United Kingdom (1.0 units)

Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Kenya

In 2022, overseas shipments of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses increased by 50% to 3 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a dramatic downturn. Over the period under review, the exports of hit record highs at 12 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses skyrocketed to $7.2K in 2022. In general, exports, however, recorded a abrupt slump. Over the period under review, the exports of hit record highs at $15K in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Export of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the CongoN/A14.40.66.3-33.9%
Uganda13.00.81.10.9-58.9%
OthersN/AN/AN/AN/A0%
Total13.015.21.77.2-17.9%

Top Export Markets for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials from Kenya in 2022:

  1. Democratic Republic of the Congo (2.0 units)
  2. Uganda (1.0 units)

Source: IndexBox Market Intelligence Platform

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