Kenya: Hand-Made Lace Market 2024

Hand-Made Lace Market Size in Kenya

In 2022, after two years of decline, there was significant growth in the Kenyan hand-made lace market, when its value increased by 838% to $X. Over the period under review, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Hand-Made Lace Exports

Exports from Kenya

Hand-made lace exports from Kenya skyrocketed to X kg in 2022, growing by 17% against 2021. Over the period under review, exports, however, faced a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 181% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, hand-made lace exports expanded markedly to $X in 2022. In general, exports, however, showed a deep contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 233% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uganda (X kg) was the main destination for hand-made lace exports from Kenya, accounting for a 75% share of total exports. Moreover, hand-made lace exports to Uganda exceeded the volume sent to the second major destination, Burundi (X kg), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Uganda amounted to -21.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (+7.6% per year) and Rwanda (-18.5% per year).

In value terms, Uganda ($X) remains the key foreign market for hand-made lace in the piece, in strips or in motifs exports from Kenya, comprising 86% of total exports. The second position in the ranking was taken by Rwanda ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Uganda stood at -14.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (-15.4% per year) and Burundi (-22.0% per year).

Export Prices by Country

The average hand-made lace export price stood at $X per ton in 2022, reducing by -7.7% against the previous year. In general, the export price, however, enjoyed notable growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 70%. The export price peaked at $X per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($X per ton), while the average price for exports to Burundi ($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 Uganda (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.

Hand-Made Lace Imports

Imports into Kenya

After two years of decline, overseas purchases of hand-made lace in the piece, in strips or in motifs increased by 484% to X tons in 2022. Overall, imports, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2018 with an increase of 1,224%. Over the period under review, imports reached the maximum at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, hand-made lace imports surged to $X in 2022. In general, imports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 1,082% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main hand-made lace supplier to Kenya, with a 94% share of total imports. It was followed by Hong Kong SAR (X kg), with a 3% share of total imports. Taiwan (Chinese) (X kg) ranked third in terms of total imports with a 1.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (-3.2% per year) and Taiwan (Chinese) (-4.6% per year).

In value terms, China ($X) constituted the largest supplier of hand-made lace in the piece, in strips or in motifs to Kenya, comprising 80% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 17% share of total imports. It was followed by Hong Kong SAR, with a 1.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-6.4% per year) and Hong Kong SAR (-11.7% per year).

Import Prices by Country

The average hand-made lace import price stood at $X per ton in 2022, growing by 52% against the previous year. Over the period under review, the import price, however, recorded a deep setback. The import price peaked at $X per ton in 2016; however, from 2017 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 Taiwan (Chinese) ($X per ton), while the price for Hong Kong SAR ($X 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) (-1.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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