Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Kenya - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Kenya (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Kenya
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Kenya (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; vinyl acetates stood at $2,551 per ton in 2022, picking up by 126% against the previous year. Overall, the import price saw prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($2,697 per ton) and Taiwan (Chinese) ($2,659 per ton), while the price for China ($2,347 per ton) and Saudi Arabia ($2,550 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Kenya
In 2022, after three years of growth, there was significant decline in purchases abroad of acids; saturated acyclic monocarboxylic acids; vinyl acetates, when their volume decreased by -49.9% to 538 tons. Overall, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 71%. As a result, imports reached the peak of 1.1K tons, and then fell sharply in the following year.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; vinyl acetates rose markedly to $1.4M in 2022. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 93% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
Import of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 70.5 | 43.1 | 203 | 566 | 100.2% |
China | 37.6 | 22.0 | 114 | 355 | 111.4% |
Saudi Arabia | 179 | 225 | 486 | 300 | 18.8% |
United States | 102 | 87.5 | 91.6 | 116 | 4.4% |
South Korea | N/A | N/A | N/A | 33.6 | 0% |
India | 96.4 | 80.2 | 104 | N/A | 3.9% |
South Africa | 98.1 | 101 | 127 | N/A | 13.8% |
Singapore | 55.9 | 58.7 | 74.8 | N/A | 15.7% |
Others | 16.2 | 11.2 | 12.0 | 0.6 | -66.7% |
Total | 655 | 629 | 1,213 | 1,372 | 27.9% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Vinyl Acetate to Kenya in 2022:
- Taiwan (Chinese) (212.8 tons)
- China (151.3 tons)
- Saudi Arabia (117.8 tons)
- United States (43.2 tons)
- South Korea (12.7 tons)
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