Liquefied Butanes Price in Kenya - 2021
Contents:
- Liquefied Butanes Price in Kenya (CIF) - 2022
- Liquefied Butanes Price in Kenya (FOB) - 2022
- Liquefied Butanes Imports in Kenya
- Liquefied Butanes Exports in Kenya
Liquefied Butanes Price in Kenya (CIF) - 2022
The average liquefied butanes import price stood at $549 per ton in 2022, dropping by -13.3% against the previous year. In general, the import price showed a deep slump. The most prominent rate of growth was recorded in 2021 when the average import price increased by 41%. Over the period under review, average import prices hit record highs at $1,215 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($701 per ton), while the price for Nigeria ($266 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.9%), while the prices for the other major suppliers experienced a decline.
Liquefied Butanes Price in Kenya (FOB) - 2022
The average liquefied butanes export price stood at $726 per ton in 2022, which is down by -8% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 an increase of 19%. Over the period under review, the average export prices hit record highs at $1,694 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($854 per ton), while the average price for exports to Democratic Republic of the Congo ($128 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (+24.0%), while the prices for the other major destinations experienced a decline.
Liquefied Butanes Imports in Kenya
In 2022, purchases abroad of liquefied butaneses decreased by -7.2% to 347K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of 374K tons, and then reduced in the following year.
In value terms, liquefied butanes imports reduced dramatically to $191M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +6.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +32.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 64% against the previous year. As a result, imports attained the peak of $237M, and then contracted sharply in the following year.
| Import of Liquefied Butanes in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 28.2 | 74.1 | 141 | 116 | 60.2% |
| Chile | 52.6 | 25.9 | 22.0 | 18.7 | -29.2% |
| Iran | 6.3 | 6.2 | 18.0 | 12.6 | 26.0% |
| Guinea | 9.2 | 7.8 | 14.6 | 12.0 | 9.3% |
| Mozambique | 20.5 | 8.9 | 13.2 | 8.5 | -25.4% |
| Argentina | 2.3 | 2.7 | 7.5 | 6.7 | 42.8% |
| Malaysia | 4.6 | 3.4 | 5.7 | 4.1 | -3.8% |
| Nigeria | 6.3 | 3.9 | 5.2 | 3.1 | -21.1% |
| Saudi Arabia | 6.9 | 2.7 | 0.7 | 2.9 | -25.1% |
| Mauritius | 3.7 | 1.8 | 2.9 | 2.3 | -14.7% |
| Others | 16.7 | 7.0 | 5.8 | 4.1 | -37.4% |
| Total | 157 | 145 | 237 | 191 | 6.8% |
Top Suppliers of Liquefied Butanes to Kenya in 2022:
- United States (165.0K tons)
- Chile (47.7K tons)
- Iran (27.6K tons)
- Guinea (24.8K tons)
- Mozambique (20.9K tons)
- Argentina (17.3K tons)
- Nigeria (11.6K tons)
- Malaysia (7.8K tons)
- Saudi Arabia (7.7K tons)
- Mauritius (5.7K tons)
Liquefied Butanes Exports in Kenya
For the third consecutive year, Kenya recorded decline in overseas shipments of liquefied butaneses, which decreased by -2.4% to 92 tons in 2022. In general, exports showed a dramatic descent.
In value terms, liquefied butanes exports contracted to $67K in 2022. Over the period under review, exports faced a sharp curtailment.
| Export of Liquefied Butanes in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 1,301 | 712 | 34.1 | 31.5 | -71.1% |
| Ethiopia | 812 | 172 | 18.1 | 16.7 | -72.6% |
| Rwanda | 691 | 465 | 15.0 | 12.5 | -73.7% |
| Burundi | 244 | 170 | 5.7 | 4.9 | -72.8% |
| Tanzania | 39.7 | 25.4 | 0.8 | 0.6 | -75.3% |
| Democratic Republic of the Congo | 30.1 | 17.8 | 0.5 | 0.4 | -76.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3,119 | 1,563 | 74.2 | 66.6 | -72.3% |
Top Export Markets for Liquefied Butanes from Kenya in 2022:
- Uganda (46.5 tons)
- Ethiopia (20.0 tons)
- Rwanda (14.6 tons)
- Burundi (5.8 tons)
- Democratic Republic of the Congo (2.9 tons)
- Tanzania (1.8 tons)
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