Kenya - Phthalic Anhydride, Terephthalic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Phthalic Anhydride and Terephthalic Acid in Kenya - 2021
Contents:
- Price for Phthalic Anhydride and Terephthalic Acid in Kenya (CIF) - 2022
- Price for Phthalic Anhydride and Terephthalic Acid in Kenya (FOB) - 2022
- Imports of Phthalic Anhydride and Terephthalic Acid in Kenya
- Exports of Phthalic Anhydride and Terephthalic Acid in Kenya
Price for Phthalic Anhydride and Terephthalic Acid in Kenya (CIF) - 2022
The average import price for phthalic anhydride, terephthalic acid and its salts stood at $1,112 per ton in 2022, picking up by 18% against the previous year. In general, the import price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2017 an increase of 26%. Over the period under review, average import prices hit record highs at $1,542 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($1,114 per ton) and South Korea ($1,080 per ton), while the price for Hong Kong SAR ($815 per ton) and Belarus ($863 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+4.1%), while the prices for the other major suppliers experienced a decline.
Price for Phthalic Anhydride and Terephthalic Acid in Kenya (FOB) - 2022
In 2022, the average export price for phthalic anhydride, terephthalic acid and its salts amounted to $947 per ton, leveling off at the previous year. Over the period under review, the export price, however, continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2017 an increase of 22% against the previous year. The export price peaked at $1,649 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 Tanzania amounted to -5.4% per year.
Imports of Phthalic Anhydride and Terephthalic Acid in Kenya
After three years of growth, supplies from abroad of phthalic anhydride, terephthalic acid and its salts decreased by -82.1% to 515 tons in 2022. In general, imports showed a precipitous contraction. The pace of growth was the most pronounced in 2020 when imports increased by 82% against the previous year.
In value terms, phthalic anhydride and terephthalic acid imports dropped remarkably to $572K in 2022. Overall, imports continue to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 48%.
| Import of Phthalic Anhydride and Terephthalic Acid in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 858 | 1,441 | 1,598 | 338 | -26.7% |
| China | 53.0 | 70.9 | 264 | 62.1 | 5.4% |
| India | 127 | 256 | 233 | 49.2 | -27.1% |
| Russia | 36.2 | 80.1 | 196 | 41.5 | 4.7% |
| Taiwan (Chinese) | 189 | 56.1 | 97.5 | 21.3 | -51.7% |
| Belarus | 38.5 | 126 | 91.2 | 19.3 | -20.6% |
| Hong Kong SAR | 36.6 | 33.8 | 30.1 | 6.4 | -44.1% |
| Others | 197 | 202 | 189 | 34.9 | -43.8% |
| Total | 1,536 | 2,265 | 2,700 | 572 | -28.1% |
Top Suppliers of Phthalic Anhydride and Terephthalic Acid to Kenya in 2022:
- South Korea (312.9 tons)
- China (60.2 tons)
- India (44.2 tons)
- Russia (38.6 tons)
- Taiwan (Chinese) (24.0 tons)
- Belarus (22.3 tons)
- Hong Kong SAR (7.8 tons)
Exports of Phthalic Anhydride and Terephthalic Acid in Kenya
Phthalic anhydride and terephthalic acid exports from Kenya shrank to 357 kg in 2022, falling by -11.6% compared with 2021 figures. In general, exports continue to indicate a significant decline.
In value terms, phthalic anhydride and terephthalic acid exports fell to $338 in 2022. Overall, exports showed a precipitous curtailment.
| Export of Phthalic Anhydride and Terephthalic Acid in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 5.6 | 2.3 | 0.4 | 0.3 | -62.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.6 | 2.3 | 0.4 | 0.3 | -62.3% |
Top Export Markets for Phthalic Anhydride and Terephthalic Acid from Kenya in 2022:
- Tanzania (357.0 kg)
This report provides an in-depth analysis of the market for phthalic anhydride and terephthalic acid in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20143430 - Phthalic anhydride, terephthalic acid and its salts
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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