Price for Cellulose Acetates; Plasticised, in Primary Forms in Kenya - 2022

Contents:

  1. Price for Cellulose Acetates; Plasticised, in Primary Forms in Kenya (CIF) - 2022
  2. Price for Cellulose Acetates; Plasticised, in Primary Forms in Kenya (FOB) - 2022
  3. Imports of Cellulose Acetates; Plasticised, in Primary Forms in Kenya
  4. Exports of Cellulose Acetates; Plasticised, in Primary Forms in Kenya

Price for Cellulose Acetates; Plasticised, in Primary Forms in Kenya (CIF) - 2022

The average import price for cellulose acetates; plasticised, in primary formses stood at $4,049 per ton in 2022, which is down by -6.3% against the previous year. In general, the import price recorded a noticeable contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 66%. The import price peaked at $6,031 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($6,000 per ton), while the price for India ($1,492 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cellulose Acetates; Plasticised, in Primary Forms in Kenya (FOB) - 2022

The average export price for cellulose acetates; plasticised, in primary formses stood at $720 per ton in 2022, dropping by -5.3% against the previous year. Overall, the export price showed a mild downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 37%. As a result, the export price attained the peak level of $947 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Uganda.

From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to -2.0% per year.

Imports of Cellulose Acetates; Plasticised, in Primary Forms in Kenya

In 2022, supplies from abroad of cellulose acetates; plasticised, in primary formses increased by 57% to 4.4 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a precipitous decrease.

In value terms, imports of cellulose acetates; plasticised, in primary formses skyrocketed to $18K in 2022. Overall, imports, however, faced a abrupt descent.

Import of Cellulose Acetates; Plasticised, in Primary Forms in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea4.36.39.49.530.2%
China6.06.61.36.52.7%
India1.80.11.31.7-1.9%
Taiwan (Chinese)17.3N/AN/AN/A0%
Others0.1N/AN/AN/A0%
Total29.513.012.017.7-15.7%

Top Suppliers of Cellulose Acetates; Plasticised, in Primary Forms to Kenya in 2022:

  1. China (1.7 tons)
  2. South Korea (1.6 tons)
  3. India (1.1 tons)

Exports of Cellulose Acetates; Plasticised, in Primary Forms in Kenya

For the third consecutive year, Kenya recorded decline in overseas shipments of cellulose acetates; plasticised, in primary formses, which decreased by -1.7% to 1.8 tons in 2022. In general, exports showed a slight slump. The smallest decline of -1.7% was in 2020.

In value terms, exports of cellulose acetates; plasticised, in primary formses declined to $1.3K in 2022. Overall, exports continue to indicate a abrupt contraction.

Export of Cellulose Acetates; Plasticised, in Primary Forms in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda1.61.51.41.3-6.7%
OthersN/AN/AN/AN/A0%
Total1.61.51.41.3-6.7%

Top Export Markets for Cellulose Acetates; Plasticised, in Primary Forms from Kenya in 2022:

  1. Uganda (1.8 tons)

Source: IndexBox Market Intelligence Platform

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