Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Kenya - 2022

Contents:

  1. Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Kenya (CIF) - 2022
  2. Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Kenya (FOB) - 2022
  3. Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Kenya
  4. Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Kenya

Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Kenya (CIF) - 2022

In 2022, the average import price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $1,880 per ton, rising by 20% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 30% against the previous year. As a result, import price reached the peak level of $2,359 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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 China ($2,765 per ton), while the price for South Korea ($1,593 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Kenya (FOB) - 2022

In 2022, the average export price for acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses amounted to $2,254 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt contraction. The growth pace was the most rapid in 2016 when the average export price increased by 31% against the previous year. Over the period under review, the average export prices reached the maximum at $4,042 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($2,265 per ton), while the average price for exports to Rwanda totaled $1,769 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (-5.4%).

Imports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Kenya

In 2022, supplies from abroad of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses decreased by -67.9% to 4.9 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a dramatic slump. The growth pace was the most rapid in 2020 with an increase of 49%. As a result, imports attained the peak of 31 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses contracted dramatically to $9.2K in 2022. Overall, imports showed a precipitous descent. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. As a result, imports attained the peak of $38K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)10.114.710.46.4-14.1%
India8.913.07.61.9-40.2%
United Arab Emirates8.85.93.60.4-64.3%
China1.71.10.70.2-51.0%
South Korea3.02.81.00.1-67.8%
Others0.90.80.40.1-51.9%
Total33.338.323.89.2-34.9%

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids to Kenya in 2022:

  1. Taiwan (Chinese) (3573.0 kg)
  2. India (883.0 kg)
  3. United Arab Emirates (253.0 kg)
  4. South Korea (91.0 kg)
  5. China (85.0 kg)

Exports of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Kenya

In 2022, shipments abroad of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses was finally on the rise to reach 1.2 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a deep slump.

In value terms, exports of acids; aromatic polycarboxylic acids; other esters of orthophthalic acidses surged to $2.6K in 2022. Overall, exports, however, saw a abrupt decrease.

Export of Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda3.62.61.62.6-10.3%
Rwanda0.10.10.1N/A0.0%
OthersN/AN/AN/AN/A0%
Total3.72.71.72.6-11.1%

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Other Esters of Orthophthalic Acids from Kenya in 2022:

  1. Uganda (1149.0 kg)
  2. Rwanda (26.0 kg)

Source: IndexBox Market Intelligence Platform

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