Kenya - Crude Glycerol, Glycerine Waters And Lyes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrude Glycerol Price in Kenya - 2021
Contents:
- Crude Glycerol Price in Kenya (FOB) - 2022
- Crude Glycerol Price in Kenya (CIF) - 2022
- Crude Glycerol Exports in Kenya
- Crude Glycerol Imports in Kenya
Crude Glycerol Price in Kenya (FOB) - 2022
In 2022, the average crude glycerol export price amounted to $2,199 per ton, growing by 6.9% against the previous year. Over the last decade, it increased at an average annual rate of +4.6%. The pace of growth appeared the most rapid in 2013 when the average export price increased by 39%. Over the period under review, the average export prices hit record highs at $2,433 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($7,374 per ton), while the average price for exports to Burundi ($1,319 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 (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.
Crude Glycerol Price in Kenya (CIF) - 2022
In 2022, the average crude glycerol import price amounted to $1,850 per ton, which is down by -4% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, crude glycerol import price increased by +12.7% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 36% against the previous year. Over the period under review, average import prices reached the maximum at $2,296 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 ($2,567 per ton), while the price for Malaysia ($538 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+13.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Crude Glycerol Exports in Kenya
Crude glycerol exports from Kenya rose notably to 18 tons in 2022, surging by 5.3% on 2021. The total export volume increased at an average annual rate of +5.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 23%. As a result, the exports attained the peak of 18 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, crude glycerol exports rose sharply to $39K in 2022. The total export value increased at an average annual rate of +8.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 41%. As a result, the exports attained the peak of $43K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Crude Glycerol in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 9.7 | 15.4 | 3.8 | 10.5 | 2.7% |
| Tanzania | 3.9 | 5.8 | 8.9 | 8.4 | 29.1% |
| Malawi | 4.8 | 6.5 | 7.5 | 7.5 | 16.0% |
| Rwanda | 5.3 | 5.6 | 5.1 | 4.1 | -8.2% |
| Democratic Republic of the Congo | 1.8 | 4.6 | 3.6 | 3.5 | 24.8% |
| Ethiopia | 3.0 | 3.4 | 3.3 | 2.7 | -3.5% |
| Burundi | 0.3 | 0.5 | 0.6 | 0.7 | 32.6% |
| Others | 1.5 | 1.3 | 1.4 | 1.3 | -4.7% |
| Total | 30.4 | 43.0 | 34.3 | 38.7 | 8.4% |
Top Export Markets for Crude Glycerol from Kenya in 2022:
- Zambia (4.3 tons)
- Tanzania (4.2 tons)
- Rwanda (2.7 tons)
- Malawi (2.5 tons)
- Democratic Republic of the Congo (1.7 tons)
- Ethiopia (1.5 tons)
- Burundi (0.5 tons)
Crude Glycerol Imports in Kenya
In 2022, after two years of decline, there was significant growth in supplies from abroad of crude glycerol, glycerine waters and lyes, when their volume increased by 276% to 3 tons. In general, imports, however, faced a precipitous decline.
In value terms, crude glycerol imports surged to $5.5K in 2022. Over the period under review, imports, however, recorded a significant contraction.
| Import of Crude Glycerol in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 12.4 | 5.1 | 1.0 | 3.6 | -33.8% |
| Indonesia | 2.9 | 0.9 | 0.2 | 0.5 | -44.3% |
| Malaysia | 2.5 | 0.8 | 0.1 | 0.3 | -50.7% |
| India | 2.2 | 0.1 | N/A | 0.2 | -55.0% |
| Pakistan | N/A | 1.1 | N/A | N/A | 0% |
| Others | 3.8 | 1.5 | 0.3 | 1.0 | -35.9% |
| Total | 23.7 | 9.5 | 1.5 | 5.5 | -38.5% |
Top Suppliers of Crude Glycerol to Kenya in 2022:
- Thailand (1679.0 kg)
- Indonesia (654.0 kg)
- Malaysia (552.0 kg)
- India (60.0 kg)
This report provides an in-depth analysis of the crude glycerol market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20411000 - Glycerol (glycerine), crude, glycerol waters and glycerol lyes
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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