Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Kenya - 2022

Contents:

  1. Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Kenya (CIF) - 2022
  2. Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Kenya (FOB) - 2022
  3. Imports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Kenya
  4. Exports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Kenya

Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Kenya (CIF) - 2022

The average import price for polyvinyl acetate; in aqueous dispersion, in primary formses stood at $1,713 per ton in 2022, with an increase of 28% against the previous year. In general, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.7% 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 polyvinyl acetate; in aqueous dispersion, in primary formses increased by +62.9% against 2018 indices. The most prominent rate of growth was recorded in 2021 an increase of 30% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($1,716 per ton), while the price for the United Arab Emirates ($1,528 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Kenya (FOB) - 2022

In 2022, the average export price for polyvinyl acetate; in aqueous dispersion, in primary formses amounted to $2,287 per ton, picking up by 41% against the previous year. Overall, the export price posted resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($2,400 per ton), while the average price for exports to Rwanda amounted to $2,285 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Kenya

In 2022, approx. 818 tons of polyvinyl acetate; in aqueous dispersion, in primary formses were imported into Kenya; with a decrease of -26% compared with 2021. Over the period under review, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 26%. As a result, imports attained the peak of 1.1K tons, and then shrank sharply in the following year.

In value terms, imports of polyvinyl acetate; in aqueous dispersion, in primary formses declined to $1.4M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +12.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 64% against the previous year. As a result, imports attained the peak of $1.5M, and then reduced in the following year.

Import of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt5395268731,12627.8%
India15449.516623114.5%
United Arab Emirates19.724.240.026.410.3%
Turkey4.327.761.01.1-36.5%
Malaysia241231271N/A6.0%
Others36.043.269.117.1-22.0%
Total9949021,4801,40212.1%

Top Suppliers of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms to Kenya in 2022:

  1. Egypt (656.3 tons)
  2. India (141.9 tons)
  3. United Arab Emirates (17.3 tons)
  4. Turkey (1.1 tons)

Exports of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Kenya

In 2022, the amount of polyvinyl acetate; in aqueous dispersion, in primary formses exported from Kenya skyrocketed to 40 tons, with an increase of 34% on the year before. Over the period under review, exports recorded significant growth. The growth pace was the most rapid in 2021 when exports increased by 3,633% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of polyvinyl acetate; in aqueous dispersion, in primary formses surged to $92K in 2022. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 2,711% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda7.71.544.690.3127.2%
Burundi1.80.11.71.3-10.3%
Uganda0.80.11.9N/A54.1%
Others0.20.10.2N/A0.0%
Total10.41.748.491.6106.5%

Top Export Markets for Polyvinyl Acetate; in Aqueous Dispersion, in Primary Forms from Kenya in 2022:

  1. Rwanda (39.5 tons)
  2. Burundi (0.6 tons)

Source: IndexBox Market Intelligence Platform

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