Price for Rosin; Salts of Rosin or of Resin Acids in Kenya - 2022

Contents:

1. Price for Rosin; Salts of Rosin or of Resin Acids in Kenya (CIF) - 2022
2. Price for Rosin; Salts of Rosin or of Resin Acids in Kenya (FOB) - 2022
3. Imports of Rosin; Salts of Rosin or of Resin Acids in Kenya
4. Exports of Rosin; Salts of Rosin or of Resin Acids in Kenya

Price for Rosin; Salts of Rosin or of Resin Acids in Kenya (CIF) - 2022

In 2022, the average import price for rosin; salts of rosin or of resin acidses amounted to $3,736 per ton, which is down by -23.9% against the previous year. In general, the import price, however, posted a notable increase. The growth pace was the most rapid in 2020 when the average import price increased by 91%. As a result, import price attained the peak level of $7,047 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +9.9% per year.

Price for Rosin; Salts of Rosin or of Resin Acids in Kenya (FOB) - 2022

In 2022, the average export price for rosin; salts of rosin or of resin acidses amounted to $1,467 per ton, increasing by 14% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 73%. As a result, the export price attained the peak level of $3,400 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Uganda.

From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to -0.2% per year.

Imports of Rosin; Salts of Rosin or of Resin Acids in Kenya

In 2022, approx. 4.2 tons of rosin; salts of rosin or of resin acidses were imported into Kenya; rising by 29% on 2021. Overall, imports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 when imports increased by 40%.

In value terms, imports of rosin; salts of rosin or of resin acidses shrank slightly to $16K in 2022. In general, imports, however, faced a abrupt contraction. The smallest decline of -2.1% was in 2021.

Top Suppliers of Rosin; Salts of Rosin or of Resin Acids to Kenya in 2022:

1. United States (4.2 tons)

Exports of Rosin; Salts of Rosin or of Resin Acids in Kenya

For the third year in a row, Kenya recorded decline in overseas shipments of rosin; salts of rosin or of resin acidses, which decreased by -16.5% to 824 kg in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The smallest decline of -16.5% was in 2020.

In value terms, exports of rosin; salts of rosin or of resin acidses contracted to $1.2K in 2022. Overall, exports recorded a deep slump. The smallest decline of -5% was in 2021.

Top Export Markets for Rosin; Salts of Rosin or of Resin Acids from Kenya in 2022:

1. Uganda (824.0 kg)

Source: IndexBox Market Intelligence Platform