Kenya: Market for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings 2022

Market Size for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Kenya

The Kenyan market for braids in the piece, tassels and pompons, ornamental trimmings surged to $X in 2021, growing by X% against the previous year. Over the period under review, consumption posted a strong expansion. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Kenya

In value terms, production of braids in the piece, tassels and pompons, ornamental trimmings surged to $X in 2021 estimated in export price. Overall, production posted a prominent increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production of braids in piece, tassels and pompons, ornamental trimmings attained the peak level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Exports from Kenya

Exports of braids in the piece, tassels and pompons, ornamental trimmings from Kenya soared to X tons in 2021, rising by X% compared with the previous year. Over the period under review, exports, however, recorded a significant decrease. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports of braids in piece, tassels and pompons, ornamental trimmings attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, exports of braids in the piece, tassels and pompons, ornamental trimmings soared to $X in 2021. Overall, exports, however, faced a deep slump. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports of braids in piece, tassels and pompons, ornamental trimmings reached the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X tons), Democratic Republic of the Congo (X tons) and South Sudan (X kg) were the main destinations of exports of braids in the piece, tassels and pompons, ornamental trimmings from Kenya.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Democratic Republic of the Congo (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for braids, tassels, pompons and ornamental trimmings exported from Kenya were Canada ($X), South Sudan ($X) and Rwanda ($X), with a combined X% share of total exports. Tanzania, Seychelles and Democratic Republic of the Congo lagged somewhat behind, together comprising a further X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average export price for braids in the piece, tassels and pompons, ornamental trimmings amounted to $X per ton, with an increase of X% against the previous year. Overall, the export price enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 an increase of X%. The export price peaked in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably by the country of destination: the country with the highest price was Tanzania ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Imports into Kenya

In 2021, purchases abroad of braids in the piece, tassels and pompons, ornamental trimmings increased by X% to X tons, rising for the second year in a row after two years of decline. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 when imports increased by X%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, imports of braids in the piece, tassels and pompons, ornamental trimmings contracted to $X in 2021. In general, total imports indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), India (X tons) and Hong Kong SAR (X tons) were the main suppliers of imports of braids in the piece, tassels and pompons, ornamental trimmings to Kenya, together comprising X% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, India ($X) constituted the largest supplier of braids, tassels, pompons and ornamental trimmings to Kenya, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from India stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Hong Kong SAR (+X% per year).

Import Prices by Country

In 2021, the average import price for braids in the piece, tassels and pompons, ornamental trimmings amounted to $X per ton, reducing by -X% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform