Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Kenya - 2022
Contents:
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Kenya (CIF) - 2022
- Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Kenya (FOB) - 2022
- Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Kenya
- Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Kenya
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Kenya (CIF) - 2022
The average import price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $2,654 per ton in 2022, jumping by 20% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 38%. The import price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($3,389 per ton), while the price for South Africa ($564 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 Arab Emirates (+9.3%), while the prices for the other major suppliers experienced a decline.
Price for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Kenya (FOB) - 2022
The average export price for acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses stood at $5,022 per ton in 2022, with a decrease of -29.6% against the previous year. Over the period under review, the export price, however, recorded a buoyant increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 93% against the previous year. The export price peaked at $7,856 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($5,032 per ton), while the average price for exports to Uganda totaled $4,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+54.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Kenya
Imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses into Kenya contracted to 47 tons in 2022, with a decrease of -14.7% on 2021. Overall, imports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 261%.
In value terms, imports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses rose modestly to $124K in 2022. In general, imports showed a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 292% against the previous year.
| Import of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.0 | 5.5 | 29.2 | 79.9 | 74.6% |
| Indonesia | N/A | N/A | N/A | 39.9 | 0% |
| South Africa | 1.9 | 0.2 | 2.2 | 3.8 | 26.0% |
| Russia | 26.2 | 2.5 | 10.5 | N/A | -36.7% |
| India | 203 | 12.1 | 33.8 | N/A | -59.2% |
| United Arab Emirates | 111 | 6.5 | 27.8 | N/A | -50.0% |
| Netherlands | 58.9 | 3.6 | 16.0 | N/A | -47.9% |
| Others | 7.6 | 0.4 | 1.4 | 0.1 | -76.4% |
| Total | 424 | 30.9 | 121 | 124 | -33.6% |
Top Suppliers of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts to Kenya in 2022:
- China (28.0 tons)
- Indonesia (11.8 tons)
- South Africa (6.7 tons)
Exports of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Kenya
In 2022, overseas shipments of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses increased by 673% to 958 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, showed a deep reduction.
In value terms, exports of acids; unsaturated acyclic monocarboxylic acids; acrylic acid and its saltses surged to $4.8K in 2022. Overall, exports, however, faced a drastic downturn.
| Export of Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 3,355 | 32.0 | 62.0 | 4,775 | 12.5% |
| Uganda | 2,095 | 972 | 778 | 36.0 | -74.2% |
| Democratic Republic of the Congo | 440 | N/A | N/A | N/A | 0% |
| Mauritius | 1,070 | 66.0 | 31.0 | N/A | -83.0% |
| Tanzania | 966 | 22.0 | 14.0 | N/A | -88.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7,926 | 1,092 | 885 | 4,811 | -15.3% |
Top Export Markets for Acids; Unsaturated Acyclic Monocarboxylic Acids; Acrylic Acid and Its Salts from Kenya in 2022:
- Rwanda (949.0 kg)
- Uganda (9.0 kg)
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