
Kenya - Acetic Anhydride - Market Analysis, Forecast, Size, Trends and Insights
Kenya: Acetic Anhydride Market 2022
Acetic Anhydride Market Size in Kenya
In 2021, the Kenyan acetic anhydride market decreased by -31% to $X, falling for the fifth year in a row after three years of growth. Overall, consumption saw a abrupt downturn. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a somewhat lower figure.
Acetic Anhydride Exports
Exports from Kenya
In 2021, overseas shipments of acetic anhydride decreased by -12.5% to X kg, falling for the sixth consecutive year after four years of growth. Over the period under review, exports recorded a deep slump. The most prominent rate of growth was recorded in 2013 when exports increased by 123%. Over the period under review, the exports reached the maximum at X kg in 2015; however, from 2016 to 2021, the exports failed to regain momentum.
In value terms, acetic anhydride exports shrank slightly to $X in 2021. Overall, exports saw a abrupt curtailment. The growth pace was the most rapid in 2013 when exports increased by 67% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.
Exports by Country
Uganda (X kg) was the main destination for acetic anhydride exports from Kenya, accounting for a approx. 100% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Uganda stood at -18.3%.
In value terms, Uganda ($X) also remains the key foreign market for acetic anhydride exports from Kenya.
From 2012 to 2021, the average annual rate of growth in terms of value to Uganda totaled -3.0%.
Export Prices by Country
The average acetic anhydride export price stood at $X per ton in 2021, picking up by 11% against the previous year. Overall, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2016 an increase of 107%. The export price peaked in 2021 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Uganda.
From 2012 to 2021, the rate of growth in terms of prices for Uganda amounted to +18.4% per year.
Acetic Anhydride Imports
Imports into Kenya
In 2021, supplies from abroad of acetic anhydride decreased by -4.8% to X kg, falling for the fourth consecutive year after two years of growth. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2017 with an increase of 271% against the previous year. As a result, imports reached the peak of X kg. From 2018 to 2021, the growth of imports remained at a lower figure.
In value terms, acetic anhydride imports contracted dramatically to $X in 2021. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2016 when imports increased by 321%. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, India (X kg) was the main supplier of acetic anhydride to Kenya, with a approx. 100% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from India totaled -13.8%.
In value terms, India ($X) constituted the largest supplier of acetic anhydride to Kenya.
From 2012 to 2021, the average annual rate of growth in terms of value from India stood at +9.5%.
Import Prices by Country
In 2021, the average acetic anhydride import price amounted to $X per ton, declining by -38.5% against the previous year. Overall, the import price, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2020 an increase of 66%. As a result, import price reached the peak level of $X per ton, and then fell rapidly in the following year.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2021, the rate of growth in terms of prices for India amounted to +27.0% per year.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the acetic anhydride market 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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