Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Kenya - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Kenya (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Kenya (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Kenya
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Kenya
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Kenya (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $1,407 per ton in 2022, surging by 27% against the previous year. Over the period under review, the import price, however, continues to indicate a slight slump. The import price peaked at $1,701 per ton in 2012; however, from 2013 to 2022, import prices stood 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 India ($3,224 per ton), while the price for Hong Kong SAR ($1,133 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Kenya (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses stood at $825 per ton in 2022, dropping by -6.8% against the previous year. In general, the export price recorded a noticeable decline. The growth pace was the most rapid in 2018 when the average export price increased by 13% against the previous year. As a result, the export price reached the peak level of $2,030 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($1,033 per ton), while the average price for exports to Uganda ($713 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 Uganda (+1.1%), while the prices for the other major destinations experienced a decline.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Kenya
Imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses into Kenya shrank to 1.1K tons in 2022, remaining stable against 2021 figures. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 110% against the previous year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses skyrocketed to $1.5M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 89% against the previous year.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 997 | 359 | 872 | 1,150 | 4.9% |
| Spain | 163 | 135 | 176 | 212 | 9.2% |
| Netherlands | 113 | 61.3 | 47.9 | 36.8 | -31.2% |
| United States | 93.2 | 29.4 | 33.0 | 34.0 | -28.5% |
| Hong Kong SAR | 25.1 | 17.2 | 18.7 | 18.9 | -9.0% |
| India | 84.5 | 9.6 | 10.2 | 9.9 | -51.1% |
| Others | 42.1 | 21.5 | 36.8 | 42.7 | 0.5% |
| Total | 1,518 | 633 | 1,195 | 1,505 | -0.3% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Kenya in 2022:
- China (902.0 tons)
- Spain (94.5 tons)
- Netherlands (18.3 tons)
- United States (16.7 tons)
- Hong Kong SAR (16.6 tons)
- India (3.1 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Kenya
Exports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses from Kenya contracted markedly to 12 tons in 2022, declining by -44.8% on 2021. Over the period under review, exports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 278% against the previous year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses contracted significantly to $9.7K in 2022. Overall, exports faced a dramatic decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 249%.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 25.5 | 2.9 | 6.6 | 5.2 | -41.1% |
| Uganda | 24.1 | 1.6 | 9.3 | 4.4 | -43.3% |
| Rwanda | 6.9 | 0.2 | 0.5 | 0.1 | -75.6% |
| Democratic Republic of the Congo | 14.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 70.5 | 4.7 | 16.4 | 9.7 | -48.4% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters from Kenya in 2022:
- Uganda (6.1 tons)
- Tanzania (5.4 tons)
- Rwanda (0.1 tons)
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