Wool; Carded Price in Kenya - 2022
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Wool; Carded Price in Kenya (CIF) - 2022
In 2022, the average wool; carded import price amounted to $1,683 per ton, reducing by -71.7% against the previous year. In general, the import price saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 71% against the previous year. As a result, import price attained the peak level of $5,947 per ton, and then dropped notably in the following year.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2020 to 2022, the rate of growth in terms of prices for China amounted to -30.4% per year.
Wool; Carded Imports in Kenya
In 2022, approx. 722 kg of wool; carded were imported into Kenya; picking up by 447% on the previous year's figure. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, wool; carded imports skyrocketed to $1.2K in 2022. In general, imports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 91% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Wool; Carded in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| China | 410 | 779 | 1,215 | 72.1% | |
| Others | N/A | 6.0 | N/A | 0% | |
| Total | 410 | 785 | 1,215 | 72.1% | |
Top Suppliers of Wool; Carded to Kenya in 2022:
- China (722.0 kg)
550
Global Combed Wool Market Report 2018. This report provides an in-depth analysis of the global combed wool market.
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Global Combed Wool Market Report 2018. This report provides an in-depth analysis of the global combed wool market.
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