Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Kenya - 2022

Contents:

  1. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Kenya (CIF) - 2022
  2. Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Kenya (FOB) - 2022
  3. Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Kenya
  4. Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Kenya

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Kenya (CIF) - 2022

The average import price for propylene, other olefin polymers; polyisobutylene in primary formses stood at $3,898 per ton in 2022, increasing by 98% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $3,900 per ton in 2012; afterwards, it flattened through to 2022.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($4,213 per ton), while the price for India stood at $3,493 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+19.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Kenya (FOB) - 2022

In 2022, the average export price for propylene, other olefin polymers; polyisobutylene in primary formses amounted to $2,684 per ton, almost unchanged from the previous year. Overall, the export price continues to indicate notable growth. The growth pace was the most rapid in 2018 when the average export price increased by 63% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,701 per ton in 2020; afterwards, it flattened through to 2022.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($8,883 per ton), while the average price for exports to Tanzania totaled $1,413 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+28.4%).

Imports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Kenya

In 2022, the amount of propylene, other olefin polymers; polyisobutylene in primary formses imported into Kenya declined dramatically to 4.8 tons, with a decrease of -74.5% on the year before. Over the period under review, imports recorded a dramatic setback. The smallest decline of -26.3% was in 2020.

In value terms, imports of propylene, other olefin polymers; polyisobutylene in primary formses declined dramatically to $19K in 2022. Overall, imports continue to indicate a sharp slump. The smallest decline of -24.1% was in 2020.

Import of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1.41.10.29.690.0%
South Africa17.18.02.88.4-21.1%
VietnamN/A2.0N/AN/A0%
United States13.59.75.3N/A-37.3%
France2.71.64.3N/A26.2%
Egypt29.026.117.8N/A-21.7%
Saudi Arabia7.05.22.9N/A-35.6%
Others5.84.33.60.5-55.8%
Total76.458.037.018.6-37.6%

Top Suppliers of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms to Kenya in 2022:

  1. India (2.8 tons)
  2. South Africa (2.0 tons)

Exports of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Kenya

In 2022, approx. 6.3 tons of propylene, other olefin polymers; polyisobutylene in primary formses were exported from Kenya; therefore, remained relatively stable against the previous year. Over the period under review, exports, however, saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 13%.

In value terms, exports of propylene, other olefin polymers; polyisobutylene in primary formses amounted to $17K in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 12% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

Export of Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda6.57.99.29.513.5%
Tanzania10.37.17.67.4-10.4%
OthersN/AN/AN/AN/A0%
Total16.815.016.816.90.2%

Top Export Markets for Propylene, Other Olefin Polymers; Polyisobutylene in Primary Forms from Kenya in 2022:

  1. Tanzania (5.2 tons)
  2. Uganda (1.1 tons)

Source: IndexBox Market Intelligence Platform

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