Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Kenya - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Kenya (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Kenya (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Kenya
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Kenya
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Kenya (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses stood at $2,386 per ton in 2022, with an increase of 39% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($4,310 per ton), while the price for China ($1,496 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Kenya (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses amounted to $4,231 per ton, rising by 36% against the previous year. Overall, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses increased by +90.3% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 40% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($4,760 per ton), while the average price for exports to Uganda ($3,614 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 Rwanda (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Kenya
In 2022, approx. 852 tons of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses were imported into Kenya; rising by 178% against 2021. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses soared to $2M in 2022. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 279 | 363 | 256 | 1,075 | 56.8% |
| China | 96.3 | 129 | 65.9 | 481 | 70.9% |
| Spain | 106 | 135 | 86.2 | 230 | 29.5% |
| Netherlands | 32.6 | 36.9 | 22.4 | 116 | 52.7% |
| United Arab Emirates | 14.0 | 20.4 | 6.9 | 52.6 | 55.5% |
| Belgium | 67.8 | 131 | 78.6 | 50.5 | -9.4% |
| Others | 50.4 | 17.1 | 11.5 | 28.0 | -17.8% |
| Total | 647 | 832 | 528 | 2,033 | 46.5% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters to Kenya in 2022:
- United States (358.6 tons)
- China (321.8 tons)
- Spain (98.4 tons)
- Belgium (27.6 tons)
- Netherlands (26.9 tons)
- United Arab Emirates (13.5 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Kenya
In 2022, shipments abroad of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses decreased by -12.4% to 43 tons, falling for the second year in a row after two years of growth. Overall, total exports indicated a moderate expansion from 2019 to 2022: its volume increased at an average annual rate of +3.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -36.0% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 71%. As a result, the exports attained the peak of 67 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; butyric, valeric acids; their salts and esterses surged to $180K in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 55% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 30.7 | 33.0 | 38.2 | 65.6 | 28.8% |
| Uganda | 54.3 | 88.8 | 58.3 | 57.2 | 1.7% |
| Tanzania | 10.0 | 25.9 | 51.6 | 49.6 | 70.5% |
| Others | 0.5 | 0.4 | 3.4 | 8.0 | 152.0% |
| Total | 95.5 | 148 | 151 | 180 | 23.5% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Butyric, Valeric Acids; Their Salts and Esters from Kenya in 2022:
- Uganda (15.8 tons)
- Rwanda (13.8 tons)
- Tanzania (12.3 tons)
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