Kenya: Alcohols Market 2024

Alcohols Market Size in Kenya

The Kenyan alcohols market surged to $X in 2020, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a noticeable expansion from 2012 to 2020: its value increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption decreased by X% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2020, the growth of the market failed to regain momentum.

Alcohols Exports

Exports from Kenya

In 2020, shipments abroad of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives decreased by X% to X tons, falling for the third year in a row after three years of growth. Overall, exports, however, recorded notable growth. The growth pace was the most rapid in 2013 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2017; however, from 2018 to 2020, the exports stood at a somewhat lower figure.

In value terms, alcohols exports amounted to $X in 2020. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2020, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Tanzania (X tons) was the main destination for alcohols exports from Kenya, accounting for a X% share of total exports. Moreover, alcohols exports to Tanzania exceeded the volume sent to the second major destination, Rwanda (X tons), fourfold. The third position in this ranking was taken by Uganda (X tons), with a X% share.

From 2012 to 2020, the average annual growth rate of volume to Tanzania amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (X% per year) and Uganda (X% per year).

In value terms, Tanzania ($X) remains the key foreign market for alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives exports from Kenya, comprising X% of total exports. The second position in the ranking was held by Rwanda ($X), with an X% share of total exports. It was followed by Uganda, with a X% share.

From 2012 to 2020, the average annual growth rate of value to Tanzania totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (X% per year) and Uganda (X% per year).

Export Prices by Country

The average alcohols export price stood at $X per ton in 2020, rising by X% against the previous year. In general, the export price, however, continues to indicate a noticeable decline. The growth pace was the most rapid in 2018 an increase of X%. The export price peaked at $X per ton in 2014; however, from 2015 to 2020, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sudan ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (X%), while the prices for the other major destinations experienced more modest paces of growth.

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Alcohols Imports

Imports into Kenya

Alcohols imports into Kenya soared to X tons in 2020, with an increase of X% compared with 2019 figures. In general, total imports indicated tangible growth from 2012 to 2020: its volume increased at an average annual rate of X% over the last eight-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2020, the growth of imports remained at a lower figure.

In value terms, alcohols imports soared to $X in 2020. Overall, total imports indicated a pronounced expansion from 2012 to 2020: its value increased at an average annual rate of X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, imports decreased by X% against 2018 indices. The pace of growth appeared the most rapid in 2018 when imports increased by X%. As a result, imports reached the peak of $X. From 2019 to 2020, the growth of imports failed to regain momentum.

Imports by Country

Saudi Arabia (X tons), China (X tons) and Egypt (X tons) were the main suppliers of alcohols imports to Kenya, with a combined X% share of total imports. South Africa, Germany, Oman, India, Indonesia, Malaysia, Brazil, Pakistan, South Korea and Thailand lagged somewhat behind, together accounting for a further X%.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Pakistan (with a CAGR of X.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), South Africa ($X) and Saudi Arabia ($X) were the largest alcohols suppliers to Kenya, with a combined X% share of total imports. India, Germany, Egypt, South Korea, Oman, Indonesia, Malaysia, Brazil, Pakistan and Thailand lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Pakistan, with a CAGR of X.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average alcohols import price stood at $X per ton in 2020, reducing by X% against the previous year. In general, the import price saw a slight contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. The import price peaked at $X per ton in 2013; however, from 2014 to 2020, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Pakistan (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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