Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Kenya - 2022

Contents:

1. Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Kenya (CIF) - 2022
2. Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Kenya (FOB) - 2022
3. Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Kenya
4. Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Kenya

Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Kenya (CIF) - 2022

The average import price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves stood at $2,596 per ton in 2022, jumping by 65% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves increased by +74.6% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Indonesia.

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +4.0% per year.

Price for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Kenya (FOB) - 2022

In 2022, the average export price for monophenols; octylphenol, nonylphenol and their isomers, salts thereoves amounted to $2,366 per ton, declining by -3.3% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 16%. Over the period under review, the average export prices hit record highs at $3,669 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Burundi ($2,670 per ton) and Tanzania ($2,317 per ton), while the average price for exports to Rwanda ($2,000 per ton) and Uganda ($2,136 per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+1.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Kenya

In 2022, imports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves into Kenya declined markedly to 17 tons, shrinking by -95% compared with the previous year's figure. Overall, imports faced a dramatic setback. The pace of growth was the most pronounced in 2021 when imports increased by 1,901%. As a result, imports reached the peak of 336 tons, and then declined notably in the following year.

In value terms, imports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves shrank sharply to $44K in 2022. In general, imports recorded a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 2,018%. As a result, imports reached the peak of $529K, and then declined sharply in the following year.

Top Suppliers of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof to Kenya in 2022:

1. Indonesia (16.8 tons)

Exports of Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof in Kenya

After three years of growth, shipments abroad of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves decreased by -21.1% to 1.7 tons in 2022. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 88%.

In value terms, exports of monophenols; octylphenol, nonylphenol and their isomers, salts thereoves dropped markedly to $4K in 2022. In general, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 90%. As a result, the exports attained the peak of $5.3K, and then dropped dramatically in the following year.

Top Export Markets for Monophenols; Octylphenol, Nonylphenol and Their Isomers, Salts Thereof from Kenya in 2022:

1. Tanzania (1036.0 kg)
2. Burundi (388.0 kg)
3. Uganda (279.0 kg)

Source: IndexBox Market Intelligence Platform