Price for Phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereof in Kenya - 2022
Contents:
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Kenya (CIF) - 2022
- Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Kenya (FOB) - 2022
- Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Kenya
- Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Kenya
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Kenya (CIF) - 2022
In 2022, the average import price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves amounted to $14,759 per ton, approximately reflecting the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +6.1% 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 phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves decreased by -1.6% against 2019 indices. The growth pace was the most rapid in 2019 an increase of 50%. As a result, import price attained the peak level of $15,000 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($22,957 per ton), while the price for the United Arab Emirates ($10,500 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 States (+31.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Kenya (FOB) - 2022
The average export price for phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves stood at $2,511 per ton in 2022, falling by -75.4% against the previous year. In general, the export price, however, recorded modest growth. The most prominent rate of growth was recorded in 2016 an increase of 239%. Over the period under review, the average export prices reached the peak figure at $11,771 per ton in 2019; however, from 2020 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 Tanzania.
From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to +4.4% per year.
Imports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Kenya
In 2022, approx. 9.3 tons of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves were imported into Kenya; surging by 23% against the previous year. Over the period under review, imports, however, saw a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 61%. As a result, imports attained the peak of 23 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves soared to $138K in 2022. In general, imports, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2020 with an increase of 58% against the previous year. As a result, imports attained the peak of $332K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 84.2 | 52.9 | 46.0 | 86.9 | 1.1% |
| China | 21.2 | 133 | 28.9 | 32.7 | 15.5% |
| United Kingdom | 47.1 | 71.3 | 35.2 | 18.0 | -27.4% |
| United Arab Emirates | N/A | 73.6 | N/A | N/A | 0% |
| Others | 58.4 | 1.3 | 2.2 | 0.1 | -88.0% |
| Total | 211 | 332 | 112 | 138 | -13.2% |
Top Suppliers of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof to Kenya in 2022:
- India (5.6 tons)
- China (2.9 tons)
- United Kingdom (0.8 tons)
Exports of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Kenya
In 2022, overseas shipments of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves were finally on the rise to reach 409 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a dramatic decline.
In value terms, exports of phenols or phenol-alcohols; halogenated, sulphonated, nitrated or nitrosated derivatives thereoves dropped significantly to $1K in 2022. In general, exports, however, faced a precipitous slump. The smallest decline of -34.5% was in 2021.
| Export of Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 10.4 | 2.1 | 0.4 | 1.0 | -54.2% |
| Uganda | 0.5 | 1.2 | 0.4 | N/A | -10.6% |
| Democratic Republic of the Congo | N/A | N/A | 1.5 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.9 | 3.3 | 2.2 | 1.0 | -54.9% |
Top Export Markets for Phenols or Phenol-Alcohols; Halogenated, Sulphonated, Nitrated or Nitrosated Derivatives Thereof from Kenya in 2022:
- Tanzania (409.0 kg)
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