Kenya: Market for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) 2024

Market Size for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Kenya

The Kenyan cyclanes, cyclenes and cycloterpenes market contracted slightly to $X in 2022, dropping by X% against the previous year. In general, the total consumption indicated temperate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Production of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Kenya

In value terms, cyclanes, cyclenes and cycloterpenes production reduced to $X in 2022 estimated in export price. Overall, the total production indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Exports from Kenya

After two years of growth, overseas shipments of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) decreased by X% to X tons in 2022. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2017 with an increase of X%. The exports peaked at X tons in 2021, and then reduced in the following year.

In value terms, cyclanes, cyclenes and cycloterpenes exports dropped significantly to $X in 2022. Over the period under review, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2017 when exports increased by X%. The exports peaked at $X in 2021, and then shrank notably in the following year.

Exports by Country

Rwanda (X tons), Tanzania (X tons) and Uganda (X kg) were the main destinations of cyclanes, cyclenes and cycloterpenes exports from Kenya, together accounting for X% of total exports.

From 2015 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Rwanda (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for cyclanes, cyclenes and cycloterpenes exported from Kenya were Rwanda ($X), Tanzania ($X) and Uganda ($X), with a combined X% share of total exports.

Among the main countries of destination, Rwanda, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average cyclanes, cyclenes and cycloterpenes export price stood at $X per ton in 2022, falling by X% against the previous year. Over the period under review, the export price recorded a deep setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, 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 Tanzania ($X per ton), while the average price for exports to Uganda ($X per ton) was amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (X%), while the prices for the other major destinations experienced a decline.

Imports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Imports into Kenya

In 2022, imports of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) into Kenya dropped notably to X kg, falling by X% compared with 2021 figures. Over the period under review, imports faced a precipitous contraction. The pace of growth was the most pronounced in 2014 when imports increased by X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, cyclanes, cyclenes and cycloterpenes imports surged to $X in 2022. In general, imports continue to indicate a noticeable setback. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X kg) constituted the largest supplier of cyclanes, cyclenes and cycloterpenes to Kenya, with a X% share of total imports. Moreover, cyclanes, cyclenes and cycloterpenes imports from India exceeded the figures recorded by the second-largest supplier, the United States (X kg), threefold. The third position in this ranking was taken by South Africa (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and South Africa (X% per year).

In value terms, the largest cyclanes, cyclenes and cycloterpenes suppliers to Kenya were the United States ($X), India ($X) and South Africa ($X), with a combined X% share of total imports.

India, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cyclanes, cyclenes and cycloterpenes import price stood at $X per ton in 2022, picking up by X% against the previous year. In general, the import price continues to indicate a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 the United States ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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