Price for Albumins; Albuminates and Other Albumin Derivatives in Kenya - 2022

Contents:

1. Price for Albumins; Albuminates and Other Albumin Derivatives in Kenya (CIF) - 2022
2. Price for Albumins; Albuminates and Other Albumin Derivatives in Kenya (FOB) - 2022
3. Imports of Albumins; Albuminates and Other Albumin Derivatives in Kenya
4. Exports of Albumins; Albuminates and Other Albumin Derivatives in Kenya

Price for Albumins; Albuminates and Other Albumin Derivatives in Kenya (CIF) - 2022

In 2022, the average import price for albumins; albuminates and other albumin derivativeses amounted to $29,065 per ton, surging by 9% against the previous year. In general, the import price showed a perceptible expansion. The pace of growth appeared the most rapid in 2015 when the average import price increased by 71% against the previous year. As a result, import price reached the peak level of $53,672 per ton. From 2016 to 2022, the average 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 Germany ($98,643 per ton), while the price for the UK ($5,360 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+98.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Albumins; Albuminates and Other Albumin Derivatives in Kenya (FOB) - 2022

The average export price for albumins; albuminates and other albumin derivativeses stood at $4,737 per ton in 2022, surging by 6.7% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 2,503% against the previous year. As a result, the export price attained the peak level of $5,205 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Tanzania.

From 2013 to 2022, the rate of growth in terms of prices for Tanzania amounted to -2.4% per year.

Imports of Albumins; Albuminates and Other Albumin Derivatives in Kenya

In 2022, approx. 16 tons of albumins; albuminates and other albumin derivativeses were imported into Kenya; picking up by 74% on the previous year's figure. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 129%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of albumins; albuminates and other albumin derivativeses soared to $452K in 2022. In general, imports enjoyed buoyant growth. The growth pace was the most rapid in 2021 with an increase of 122% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Top Suppliers of Albumins; Albuminates and Other Albumin Derivatives to Kenya in 2022:

1. Denmark (11.2 tons)
2. United Kingdom (2.6 tons)
3. Netherlands (1.1 tons)
4. India (0.3 tons)
5. France (0.3 tons)

Exports of Albumins; Albuminates and Other Albumin Derivatives in Kenya

Exports of albumins; albuminates and other albumin derivativeses from Kenya surged to 9.7 tons in 2022, growing by 80% compared with the previous year. Over the period under review, exports enjoyed modest growth.

In value terms, exports of albumins; albuminates and other albumin derivativeses soared to $46K in 2022. Overall, exports enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 when exports increased by 117% against the previous year. As a result, the exports attained the peak of $68K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Albumins; Albuminates and Other Albumin Derivatives from Kenya in 2022:

1. Tanzania (9.7 tons)

Source: IndexBox Market Intelligence Platform