Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Kenya - 2022
Contents:
- Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Kenya (CIF) - 2022
- Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Kenya (FOB) - 2022
- Imports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Kenya
- Exports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Kenya
Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Kenya (CIF) - 2022
In 2022, the average import price for alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 amounted to $32,011 per ton, with an increase of 75% against the previous year. Overall, the import price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2021 an increase of 298% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
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 India ($36,438 per ton), while the price for South Africa amounted to $1,122 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+19.1%).
Price for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Kenya (FOB) - 2022
In 2022, the average export price for alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 amounted to $3,580 per ton, picking up by 6.7% against the previous year. In general, the export price, however, continues to indicate a mild shrinkage. The pace of growth was the most pronounced in 2019 when the average export price increased by 48% against the previous year. The export price peaked at $4,041 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Uganda.
From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to -8.7% per year.
Imports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Kenya
In 2022, approx. 187 kg of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 were imported into Kenya; waning by -2.1% on 2021. Overall, imports saw a deep contraction.
In value terms, imports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 skyrocketed to $6K in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 253% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 551 | 612 | 657 | 676 | 7.1% |
| South Africa | 219 | 246 | 235 | 216 | -0.5% |
| Others | 61.0 | 129 | 2,594 | 5,094 | 337.1% |
| Total | 831 | 987 | 3,486 | 5,986 | 93.1% |
Top Suppliers of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 to Kenya in 2022:
- South Africa (193.0 kg)
- India (19.0 kg)
Exports of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Kenya
For the fourth consecutive year, Kenya recorded growth in overseas shipments of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2, which increased by 41% to 950 kg in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 69% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, exports of alcohols; acyclic, unsaturated monohydric, n.e.s in item no. 2905.2 surged to $3.4K in 2022. Overall, exports showed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 101%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 756 | 413 | 1,132 | 1,129 | 14.3% |
| Others | N/A | 713 | 1,132 | 2,272 | 78.5% |
| Total | 756 | 1,126 | 2,264 | 3,401 | 65.1% |
Top Export Markets for Alcohols; Acyclic, Unsaturated Monohydric, N.E.S in Item No. 2905.2 from Kenya in 2022:
- Uganda (694.0 kg)
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