Price for Ketone-Phenols and Ketones with Other Oxygen Function in Kenya - 2022

Contents:

  1. Price for Ketone-Phenols and Ketones with Other Oxygen Function in Kenya (CIF) - 2022
  2. Price for Ketone-Phenols and Ketones with Other Oxygen Function in Kenya (FOB) - 2022
  3. Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Kenya
  4. Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Kenya

Price for Ketone-Phenols and Ketones with Other Oxygen Function in Kenya (CIF) - 2022

The average import price for ketone-phenols and ketones with other oxygen functia stood at $24,060 per ton in 2022, rising by 41% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The import price peaked at $30,382 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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 ($33,778 per ton), while the price for China ($14,284 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Ketone-Phenols and Ketones with Other Oxygen Function in Kenya (FOB) - 2022

In 2022, the average export price for ketone-phenols and ketones with other oxygen functia amounted to $3,429 per ton, which is down by -47.2% against the previous year. Over the period under review, the export price showed a noticeable descent. The growth pace was the most rapid in 2019 an increase of 35% against the previous year. As a result, the export price reached the peak level of $7,137 per ton. From 2020 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Burundi amounted to +3.0% per year.

Imports of Ketone-Phenols and Ketones with Other Oxygen Function in Kenya

After three years of growth, overseas purchases of ketone-phenols and ketones with other oxygen functia decreased by -36.7% to 1.5 tons in 2022. Overall, imports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 72%. As a result, imports reached the peak of 2.4 tons, and then contracted remarkably in the following year.

In value terms, imports of ketone-phenols and ketones with other oxygen functia dropped to $36K in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.5% 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 +75.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 45% against the previous year.

Import of Ketone-Phenols and Ketones with Other Oxygen Function in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.918.430.228.237.3%
China0.35.75.64.9153.7%
South Africa2.63.33.12.60.0%
Others6.82.31.30.3-64.7%
Total20.629.740.236.020.5%

Top Suppliers of Ketone-Phenols and Ketones with Other Oxygen Function to Kenya in 2022:

  1. Germany (1067.0 kg)
  2. China (342.0 kg)
  3. South Africa (79.0 kg)

Exports of Ketone-Phenols and Ketones with Other Oxygen Function in Kenya

After three years of growth, shipments abroad of ketone-phenols and ketones with other oxygen functia decreased by -90.5% to 154 kg in 2022. Overall, exports showed a sharp descent. The pace of growth appeared the most rapid in 2020 when exports increased by 120% against the previous year.

In value terms, exports of ketone-phenols and ketones with other oxygen functia contracted sharply to $528 in 2022. Over the period under review, exports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 102%.

Export of Ketone-Phenols and Ketones with Other Oxygen Function in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TanzaniaN/AN/A0.10.5400.0%
NigeriaN/AN/A3.3N/A0%
Burundi2.64.85.0N/A38.7%
Rwanda0.51.52.1N/A104.9%
OthersN/AN/AN/AN/A0%
Total3.16.310.60.5-45.6%

Top Export Markets for Ketone-Phenols and Ketones with Other Oxygen Function from Kenya in 2022:

  1. Tanzania (154.0 kg)

Source: IndexBox Market Intelligence Platform

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