Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Kenya - 2022

Contents:

1. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Kenya (CIF) - 2022
2. Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Kenya (FOB) - 2022
3. Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Kenya
4. Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Kenya

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Kenya (CIF) - 2022

The average import price for polymers of vinyl chloride or of other halogenated olefins, in primary formses stood at $1,347 per ton in 2022, declining by -3.2% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% 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 polymers of vinyl chloride or of other halogenated olefins, in primary formses increased by +51.1% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 56% against the previous year. As a result, import price attained the peak level of $1,391 per ton, and then fell in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were India ($1,601 per ton) and Saudi Arabia ($1,464 per ton), while the price for Japan ($1,118 per ton) and the United States ($1,128 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Kenya (FOB) - 2022

In 2022, the average export price for polymers of vinyl chloride or of other halogenated olefins, in primary formses amounted to $1,638 per ton, surging by 19% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2014 an increase of 19%. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($1,840 per ton), while the average price for exports to Ethiopia ($403 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 Burundi (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Kenya

In 2022, purchases abroad of polymers of vinyl chloride or of other halogenated olefins, in primary formses decreased by -16.8% to 48K tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 16%. As a result, imports reached the peak of 71K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of polymers of vinyl chloride or of other halogenated olefins, in primary formses fell markedly to $65M in 2022. The total import value increased at an average annual rate of +4.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 28%. As a result, imports attained the peak of $81M, and then contracted significantly in the following year.

Top Suppliers of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms to Kenya in 2022:

1. China (29.9K tons)
2. Taiwan (Chinese) (4.9K tons)
3. South Korea (4.3K tons)
4. United States (3.6K tons)
5. Thailand (2.3K tons)
6. India (0.9K tons)
7. Malaysia (0.7K tons)

Exports of Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms in Kenya

In 2022, exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses from Kenya skyrocketed to 1.2K tons, picking up by 15% on 2021 figures. The total export volume increased at an average annual rate of +13.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of polymers of vinyl chloride or of other halogenated olefins, in primary formses soared to $1.9M in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Polymers of Vinyl Chloride or of Other Halogenated Olefins, in Primary Forms from Kenya in 2022:

1. Uganda (764.0 tons)
2. Tanzania (163.9 tons)
3. Rwanda (152.0 tons)
4. Ethiopia (44.4 tons)
5. United Arab Emirates (24.9 tons)
6. Burundi (9.2 tons)

Source: IndexBox Market Intelligence Platform