Kenya: Market for Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn 2024

Market Size for Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn in Kenya

The Kenyan metal thread woven fabric market surged to $X in 2022, jumping by 649% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a precipitous curtailment. Metal thread woven fabric consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Exports of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn

Exports from Kenya

In 2022, exports of woven fabrics of metal thread and woven fabrics of metallised yarn from Kenya soared to X square meters, increasing by 100% compared with the previous year's figure. Over the period under review, exports, however, continue to indicate a deep downturn. The exports peaked at X square meters in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, metal thread woven fabric exports surged to $X in 2022. Overall, exports, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2015 when exports increased by 671%. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Cote d'Ivoire (X square meters) and Uganda (X square meters) were the main destinations of metal thread woven fabric exports from Kenya.

From 2012 to 2022, the biggest increases were recorded for Uganda (with a CAGR of +31.1%).

In value terms, Cote d'Ivoire ($X) remains the key foreign market for woven fabrics of metal thread and woven fabrics of metallised yarn exports from Kenya, comprising 1,801% of total exports. The second position in the ranking was held by Uganda ($X), with a 99% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Cote d'Ivoire totaled +35.1%.

Export Prices by Country

The average metal thread woven fabric export price stood at $X per square meter in 2022, reducing by -36.6% against the previous year. In general, the export price, however, posted strong growth. The most prominent rate of growth was recorded in 2021 an increase of 95%. As a result, the export price attained the peak level of $X per square meter, and then contracted rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($X per square meter), while the average price for exports to Uganda stood at $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Woven Fabrics Of Metal Thread And Woven Fabrics Of Metallised Yarn

Imports into Kenya

In 2022, the amount of woven fabrics of metal thread and woven fabrics of metallised yarn imported into Kenya soared to X square meters, jumping by 598% against 2021. Overall, imports, however, continue to indicate a sharp contraction. Over the period under review, imports hit record highs at X square meters in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, metal thread woven fabric imports skyrocketed to $X in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 9,914%. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United Arab Emirates (X square meters) constituted the largest metal thread woven fabric supplier to Kenya, accounting for a 83% share of total imports. Moreover, metal thread woven fabric imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, China (X square meters), sixfold. The third position in this ranking was held by India (X square meters), with a 7% share.

From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates totaled -4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-16.8% per year) and India (-25.4% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of woven fabrics of metal thread and woven fabrics of metallised yarn to Kenya, comprising 8.7% of total imports. The second position in the ranking was held by China ($X), with a 2.4% share of total imports. It was followed by India, with a 0.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates stood at +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-10.1% per year) and India (-26.4% per year).

Import Prices by Country

In 2022, the average metal thread woven fabric import price amounted to $X per square meter, increasing by 3.7% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $X per square meter in 2020; however, from 2021 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 the United States ($X per square meter), while the price for India ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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