Price for Monophenols; Cresols and Their Salts in Kenya - 2021
Contents:
- Price for Monophenols; Cresols and Their Salts in Kenya (CIF) - 2022
- Price for Monophenols; Cresols and Their Salts in Kenya (FOB) - 2022
- Imports of Monophenols; Cresols and Their Salts in Kenya
- Exports of Monophenols; Cresols and Their Salts in Kenya
Price for Monophenols; Cresols and Their Salts in Kenya (CIF) - 2022
The average import price for monophenols; cresols and their saltses stood at $2,305 per ton in 2022, which is down by -7.1% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 26%. The import price peaked at $2,559 per ton in 2014; however, from 2015 to 2022, import prices remained at a 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 the UK ($65,424 per ton), while the price for South Africa ($1,907 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+39.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Monophenols; Cresols and Their Salts in Kenya (FOB) - 2022
In 2022, the average export price for monophenols; cresols and their saltses amounted to $20,000 per ton, remaining relatively unchanged against the previous year. Overall, the export price recorded strong growth. The growth pace was the most rapid in 2019 an increase of 97% against the previous year. Over the period under review, the average export prices hit record highs at $21,000 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
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 +18.1% per year.
Imports of Monophenols; Cresols and Their Salts in Kenya
In 2022, imports of monophenols; cresols and their saltses into Kenya soared to 27 tons, jumping by 24% against the previous year's figure. Overall, imports, however, continue to indicate a perceptible setback.
In value terms, monophenols; cresols and their salts imports amounted to $62K in 2022. The total import value increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 39%. As a result, imports attained the peak of $71K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Monophenols; Cresols and Their Salts in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 47.3 | 60.1 | 42.0 | 50.5 | 2.2% |
| India | 1.9 | 6.5 | 8.4 | 8.1 | 62.1% |
| Others | 1.5 | 3.9 | 4.0 | 3.8 | 36.3% |
| Total | 50.7 | 70.6 | 54.4 | 62.5 | 7.2% |
Top Suppliers of Monophenols; Cresols and Their Salts to Kenya in 2022:
- South Africa (26.5 tons)
- India (0.5 tons)
Exports of Monophenols; Cresols and Their Salts in Kenya
In 2022, approx. 1 kg of monophenols; cresols and their saltses were exported from Kenya; therefore, remained relatively stable against 2021. In general, exports showed a relatively flat trend pattern. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, monophenols; cresols and their salts exports stood at $20 in 2022. Over the period under review, exports recorded a noticeable downturn. The smallest decline of -4.8% was in 2021.
| Export of Monophenols; Cresols and Their Salts in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 21.0 | 21.0 | 20.0 | 20.0 | -1.6% |
| Others | 2.0 | N/A | N/A | N/A | 0% |
| Total | 23.0 | 21.0 | 20.0 | 20.0 | -4.6% |
Top Export Markets for Monophenols; Cresols and Their Salts from Kenya in 2022:
- Uganda (1.0 kg)
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