Phenols; Phenol-Alcohols Price in Kenya - 2021
Contents:
- Phenols; Phenol-Alcohols Price in Kenya (CIF) - 2022
- Phenols; Phenol-Alcohols Price in Kenya (FOB) - 2022
- Phenols; Phenol-Alcohols Imports in Kenya
- Phenols; Phenol-Alcohols Exports in Kenya
Phenols; Phenol-Alcohols Price in Kenya (CIF) - 2022
In 2022, the average phenols; phenol-alcohols import price amounted to $2,544 per ton, surging by 2.9% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, phenols; phenol-alcohols import price decreased by -31.9% against 2018 indices. The pace of growth appeared the most rapid in 2017 an increase of 56%. The import price peaked at $3,738 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($15,398 per ton), while the price for Russia ($444 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+23.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenols; Phenol-Alcohols Price in Kenya (FOB) - 2022
The average phenols; phenol-alcohols export price stood at $2,637 per ton in 2022, dropping by -49.1% against the previous year. In general, the export price saw a perceptible curtailment. The pace of growth appeared the most rapid in 2021 an increase of 175%. As a result, the export price attained the peak level of $5,179 per ton, and then fell sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($7,197 per ton), while the average price for exports to Uganda ($1,943 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 Tanzania (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.
Phenols; Phenol-Alcohols Imports in Kenya
In 2022, phenols; phenol-alcohols imports into Kenya dropped markedly to 256 tons, shrinking by -36.5% on 2021 figures. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 278% against the previous year. As a result, imports attained the peak of 404 tons, and then dropped markedly in the following year.
In value terms, phenols; phenol-alcohols imports declined notably to $652K in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 226%. As a result, imports attained the peak of $999K, and then reduced markedly in the following year.
| Import of Phenols; Phenol-Alcohols in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 64.9 | 18.5 | 389 | 301 | 66.8% |
| South Africa | 40.5 | 54.1 | 73.3 | 55.3 | 10.9% |
| Germany | 38.0 | 41.5 | 51.6 | 53.3 | 11.9% |
| India | 77.4 | 91.4 | 168 | 51.9 | -12.5% |
| South Korea | N/A | N/A | N/A | 40.3 | 0% |
| China | 12.6 | 10.7 | 64.0 | 24.6 | 25.0% |
| Taiwan (Chinese) | 19.7 | 15.6 | 25.1 | 19.4 | -0.5% |
| Russia | 8.6 | 6.7 | 11.0 | 6.9 | -7.1% |
| Lithuania | N/A | N/A | 92.3 | N/A | 0% |
| Others | 84.2 | 67.5 | 125 | 99.8 | 5.8% |
| Total | 346 | 306 | 999 | 652 | 23.5% |
Top Suppliers of Phenols; Phenol-Alcohols to Kenya in 2022:
- Indonesia (171.0 tons)
- South Africa (21.8 tons)
- South Korea (16.2 tons)
- Russia (15.5 tons)
- Taiwan (Chinese) (11.5 tons)
- China (5.0 tons)
- Germany (3.6 tons)
- India (3.4 tons)
Phenols; Phenol-Alcohols Exports in Kenya
For the fourth consecutive year, Kenya recorded growth in shipments abroad of phenols; phenol-alcoholses, which increased by 2.3% to 20 tons in 2022. Over the period under review, exports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 775%. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, phenols; phenol-alcohols exports shrank markedly to $53K in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 2,309%. As a result, the exports reached the peak of $103K, and then contracted remarkably in the following year.
| Export of Phenols; Phenol-Alcohols in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | N/A | N/A | 0.5 | 34.8 | 6860.0% |
| Uganda | 1.1 | 3.4 | 1.7 | 12.4 | 124.2% |
| Tanzania | 0.1 | 0.1 | 0.5 | 3.3 | 220.8% |
| Burundi | 1.4 | 0.5 | 0.5 | 2.2 | 16.3% |
| Djibouti | N/A | N/A | 96.9 | N/A | 0% |
| Others | 0.4 | 0.2 | 2.5 | 0.7 | 20.5% |
| Total | 3.0 | 4.3 | 103 | 53.4 | 161.1% |
Top Export Markets for Phenols; Phenol-Alcohols from Kenya in 2022:
- Rwanda (13.0 tons)
- Uganda (6.4 tons)
- Tanzania (0.5 tons)
- Burundi (0.4 tons)
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