Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Kenya - 2022

Contents:

  1. Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Kenya (CIF) - 2022
  2. Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Kenya (FOB) - 2022
  3. Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Kenya
  4. Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Kenya

Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Kenya (CIF) - 2022

The average import price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $5,375 per ton in 2022, approximately reflecting the previous year. Overall, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aldehydes; cyclic, without other oxygen function, benzaldehydes increased by +10.7% against 2019 indices. The pace of growth was the most pronounced in 2016 an increase of 43%. Over the period under review, average import prices attained the peak figure at $5,622 per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 the Netherlands ($11,800 per ton), while the price for India stood at $4,055 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+10.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Kenya (FOB) - 2022

The average export price for aldehydes; cyclic, without other oxygen function, benzaldehydes stood at $2,720 per ton in 2022, reducing by -3.6% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 45%. The export price peaked at $21,109 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($73,364 per ton), while the average price for exports to Tanzania stood at $1,166 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+12.4%).

Imports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Kenya

In 2022, the amount of aldehydes; cyclic, without other oxygen function, benzaldehydes imported into Kenya expanded rapidly to 176 kg, growing by 14% compared with 2021. Over the period under review, imports, however, continue to indicate a significant contraction. The pace of growth appeared the most rapid in 2020 with an increase of 52%. As a result, imports attained the peak of 1.9 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of aldehydes; cyclic, without other oxygen function, benzaldehydes rose remarkably to $946 in 2022. Overall, imports, however, showed a significant decline. The pace of growth appeared the most rapid in 2020 with an increase of 58%. As a result, imports attained the peak of $9.4K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.90.7N/A0.6-12.6%
NetherlandsN/AN/AN/A0.40%
China5.18.60.8N/A-60.4%
OthersN/A0.1N/AN/A0%
Total6.09.40.80.9-46.9%

Top Suppliers of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde to Kenya in 2022:

  1. India (146.0 kg)
  2. Netherlands (30.0 kg)

Exports of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Kenya

In 2022, shipments abroad of aldehydes; cyclic, without other oxygen function, benzaldehydes decreased by -10.5% to 511 kg, falling for the second year in a row after two years of growth. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +7.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -20.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 57% against the previous year. As a result, the exports reached the peak of 641 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of aldehydes; cyclic, without other oxygen function, benzaldehydes shrank to $1.4K in 2022. Over the period under review, exports recorded a abrupt descent. The smallest decline of -13.6% was in 2020.

Export of Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda1,098994897807-9.8%
Tanzania1,063872713582-18.2%
Others1.01.01.01.00.0%
Total2,1621,8671,6111,390-13.7%

Top Export Markets for Aldehydes; Cyclic, Without Other Oxygen Function, Benzaldehyde from Kenya in 2022:

  1. Tanzania (499.0 kg)
  2. Uganda (11.0 kg)

Source: IndexBox Market Intelligence Platform

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