Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Kenya - 2022

Contents:

1. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Kenya (CIF) - 2022
2. Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Kenya (FOB) - 2022
3. Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Kenya
4. Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Kenya

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Kenya (CIF) - 2022

In 2022, the average import price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses amounted to $1,673 per ton, which is down by -9.2% against the previous year. Overall, the import price recorded a slight decline. The pace of growth appeared the most rapid in 2021 an increase of 66%. The import price peaked at $1,920 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($1,853 per ton) and Vietnam ($1,710 per ton), while the price for China ($1,475 per ton) and Malaysia ($1,644 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Kenya (FOB) - 2022

In 2022, the average export price for acids; aromatic polycarboxylic acids; dioctyl orthophthalateses amounted to $3,258 per ton, declining by -11.6% against the previous year. Overall, the export price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 an increase of 87%. Over the period under review, the average export prices hit record highs at $3,685 per ton in 2021, and then fell in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($6,737 per ton), while the average price for exports to Zambia ($2,124 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 (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Kenya

Imports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses into Kenya rose notably to 10K tons in 2022, with an increase of 13% compared with 2021 figures. The total import volume increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 42% against the previous year. As a result, imports reached the peak of 12K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses amounted to $17M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.3% 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 +61.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 27%. Imports peaked in 2022 and are likely to continue growth in years to come.

Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates to Kenya in 2022:

1. South Korea (3.2K tons)
2. Malaysia (3.1K tons)
3. China (2.9K tons)
4. Vietnam (1.1K tons)

Exports of Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates in Kenya

After three years of growth, shipments abroad of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses decreased by -30.7% to 22 tons in 2022. Over the period under review, exports, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 69%.

In value terms, exports of acids; aromatic polycarboxylic acids; dioctyl orthophthalateses plummeted to $73K in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 215%.

Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Dioctyl Orthophthalates from Kenya in 2022:

1. Zambia (9.6 tons)
2. Uganda (7.8 tons)
3. Tanzania (4.8 tons)

Source: IndexBox Market Intelligence Platform