Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Kenya - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Kenya (CIF) - 2022
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Kenya (FOB) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Kenya
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Kenya
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Kenya (CIF) - 2022
The average import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $2,054 per ton in 2022, growing by 14% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates increased by +95.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 72% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($2,248 per ton), while the price for China ($2,016 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Kenya (FOB) - 2022
The average export price for acids; saturated acyclic monocarboxylic acids; n-butyl acetates stood at $2,503 per ton in 2022, increasing by 33% against the previous year. In general, the export price recorded a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
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 Rwanda ($3,178 per ton), while the average price for exports to Uganda ($1,959 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+7.8%), while the prices for the other major destinations experienced a decline.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Kenya
In 2022, supplies from abroad of acids; saturated acyclic monocarboxylic acids; n-butyl acetates decreased by -4.4% to 651 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 28%. As a result, imports reached the peak of 1.1K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates rose notably to $1.3M in 2022. The total import value increased at an average annual rate of +7.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 832 | 890 | 797 | 1,071 | 8.8% |
| Taiwan (Chinese) | 14.8 | 49.3 | 81.9 | 160 | 121.1% |
| India | 31.8 | 38.0 | 46.0 | 88.3 | 40.6% |
| Russia | 37.5 | 18.9 | 34.0 | N/A | -4.8% |
| United States | 47.4 | 42.2 | 38.0 | N/A | -10.5% |
| United Arab Emirates | 44.2 | 12.8 | 101 | N/A | 51.2% |
| Others | 55.9 | 88.6 | 128 | 17.9 | -31.6% |
| Total | 1,064 | 1,140 | 1,225 | 1,338 | 7.9% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate to Kenya in 2022:
- China (531.5 tons)
- Taiwan (Chinese) (71.3 tons)
- India (39.8 tons)
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Kenya
Exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates from Kenya totaled 69 tons in 2022, surging by 6.1% compared with 2021 figures. In general, exports, however, continue to indicate a mild decline. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; n-butyl acetates surged to $173K in 2022. The total export value increased at an average annual rate of +2.3% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | N/A | N/A | N/A | 74.0 | 0% |
| Tanzania | 127 | 91.0 | 38.9 | 62.0 | -21.3% |
| Uganda | 35.2 | 42.0 | 83.6 | 35.7 | 0.5% |
| Others | N/A | N/A | N/A | 1.7 | 0% |
| Total | 162 | 133 | 123 | 173 | 2.2% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; N-Butyl Acetate from Kenya in 2022:
- Tanzania (27.7 tons)
- Rwanda (23.3 tons)
- Uganda (18.2 tons)
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