Price for Music, Printed or in Manuscript in Kenya - 2021

Contents:

1. Price for Music, Printed or in Manuscript in Kenya (CIF) - 2022
2. Price for Music, Printed or in Manuscript in Kenya (FOB) - 2022
3. Imports of Music, Printed or in Manuscript in Kenya
4. Exports of Music, Printed or in Manuscript in Kenya

Price for Music, Printed or in Manuscript in Kenya (CIF) - 2022

The average import price for music, printed or in manuscript, whether or not bound or illustrated stood at $20,173 per ton in 2022, falling by -8% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 41%. The import price peaked at $21,928 per ton in 2021, and then dropped in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($45,249 per ton), while the price for Germany ($2,234 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Music, Printed or in Manuscript in Kenya (FOB) - 2022

The average export price for music, printed or in manuscript, whether or not bound or illustrated stood at $16,000 per ton in 2022, with an increase of 10% against the previous year. Overall, the export price, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2018 an increase of 81% against the previous year. The export price peaked at $25,815 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Tanzania.

From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to -4.7% per year.

Imports of Music, Printed or in Manuscript in Kenya

In 2022, overseas purchases of music, printed or in manuscript, whether or not bound or illustrated were finally on the rise to reach 1.8 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a significant contraction.

In value terms, music, printed or in manuscript imports skyrocketed to $36K in 2022. Over the period under review, imports, however, showed a sharp decline.

Top Suppliers of Music, Printed or in Manuscript to Kenya in 2022:

1. Germany (561.0 kg)
2. United Kingdom (538.0 kg)
3. Japan (370.0 kg)
4. South Africa (216.0 kg)
5. United States (85.0 kg)

Exports of Music, Printed or in Manuscript in Kenya

In 2022, exports of music, printed or in manuscript, whether or not bound or illustrated from Kenya stood at 2 kg, leveling off at 2021. Over the period under review, exports continue to indicate a drastic downturn. The smallest decline of -33.3% was in 2021.

In value terms, music, printed or in manuscript exports expanded notably to $32 in 2022. Overall, exports faced a drastic downturn.

Top Export Markets for Music, Printed or in Manuscript from Kenya in 2022:

1. Tanzania (2.0 kg)

Source: IndexBox Market Intelligence Platform