Kenya - Propan-1-Ol (Propyl Alcohol) And Propan-2-Ol (Isopropyl Alcohol) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Propyl and Isopropyl Alcohol in Kenya - 2021
Contents:
- Price for Propyl and Isopropyl Alcohol in Kenya (CIF) - 2022
- Price for Propyl and Isopropyl Alcohol in Kenya (FOB) - 2022
- Imports of Propyl and Isopropyl Alcohol in Kenya
- Exports of Propyl and Isopropyl Alcohol in Kenya
Price for Propyl and Isopropyl Alcohol in Kenya (CIF) - 2022
The average propyl and isopropyl alcohol import price stood at $1,299 per ton in 2022, which is down by -2.4% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 27% against the previous year. The import price peaked at $1,387 per ton in 2012; however, from 2013 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 ($1,655 per ton), while the price for China ($1,027 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Propyl and Isopropyl Alcohol in Kenya (FOB) - 2022
In 2022, the average propyl and isopropyl alcohol export price amounted to $3,041 per ton, declining by -5.8% against the previous year. In general, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, propyl and isopropyl alcohol export price decreased by -15.3% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 122% against the previous year. As a result, the export price reached the peak level of $3,892 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($6,659 per ton), while the average price for exports to Democratic Republic of the Congo ($1,236 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Sudan (+14.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Propyl and Isopropyl Alcohol in Kenya
In 2022, imports of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) into Kenya skyrocketed to 2.9K tons, with an increase of 23% compared with the year before. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 26%. As a result, imports attained the peak of 3.5K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, propyl and isopropyl alcohol imports soared to $3.8M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.9% 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 decreased by -14.4% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 59%. As a result, imports reached the peak of $4.4M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Propyl and Isopropyl Alcohol in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 2,291 | 2,535 | 1,710 | 1,026 | -23.5% |
| India | 15.9 | 506 | 257 | 846 | 276.1% |
| Taiwan (Chinese) | 89.3 | 346 | 233 | 643 | 93.1% |
| South Korea | 139 | 458 | 433 | 365 | 38.0% |
| China | 38.9 | 194 | 203 | 241 | 83.7% |
| Singapore | 28.8 | 65.3 | 56.8 | 157 | 76.0% |
| Netherlands | 67.2 | 47.9 | 50.9 | 143 | 28.6% |
| Others | 118 | 293 | 225 | 386 | 48.4% |
| Total | 2,788 | 4,445 | 3,169 | 3,807 | 10.9% |
Top Suppliers of Propyl and Isopropyl Alcohol to Kenya in 2022:
- South Africa (913.3 tons)
- India (510.9 tons)
- Taiwan (Chinese) (452.1 tons)
- South Korea (322.5 tons)
- China (235.2 tons)
- Singapore (118.4 tons)
- Netherlands (99.2 tons)
Exports of Propyl and Isopropyl Alcohol in Kenya
In 2022, approx. 17 tons of propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol) were exported from Kenya; increasing by 59% against 2021 figures. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 214% against the previous year. As a result, the exports attained the peak of 23 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, propyl and isopropyl alcohol exports soared to $50K in 2022. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 157% against the previous year. As a result, the exports reached the peak of $67K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Propyl and Isopropyl Alcohol in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 0.6 | 0.6 | 12.8 | 22.1 | 232.7% |
| Uganda | 2.2 | 7.7 | 7.2 | 11.2 | 72.0% |
| Rwanda | 14.8 | 20.4 | 8.1 | 5.3 | -29.0% |
| South Sudan | 0.4 | 0.4 | 0.2 | 1.7 | 62.0% |
| Democratic Republic of the Congo | 1.0 | 4.3 | 0.1 | 1.6 | 17.0% |
| Angola | N/A | 21.0 | N/A | N/A | 0% |
| Qatar | N/A | 4.0 | N/A | N/A | 0% |
| Others | 7.2 | 8.8 | 5.2 | 8.5 | 5.7% |
| Total | 26.1 | 67.2 | 33.6 | 50.4 | 24.5% |
Top Export Markets for Propyl and Isopropyl Alcohol from Kenya in 2022:
- Tanzania (8.4 tons)
- Uganda (5.2 tons)
- Democratic Republic of the Congo (1.3 tons)
- Rwanda (0.8 tons)
- South Sudan (0.7 tons)
This report provides an in-depth analysis of the market for propyl and isopropyl alcohol 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 20142220 - Propan-1-ol (propyl alcohol) and propan-2-ol (isopropyl alcohol)
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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