Price for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Kenya - 2022

Contents:

  1. Price for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Kenya (CIF) - 2022
  2. Price for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Kenya (FOB) - 2022
  3. Imports of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Kenya
  4. Exports of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Kenya

Price for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Kenya (CIF) - 2022

The average import price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses stood at $1,644 per ton in 2022, with an increase of 6.9% against the previous year. Overall, the import price, however, saw a pronounced decline. The growth pace was the most rapid in 2020 when the average import price increased by 33%. The import price peaked at $2,250 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Egypt ($1,647 per ton), while the price for Tunisia stood at $1,539 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+94.1%), while the prices for the other major suppliers experienced a decline.

Price for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Kenya (FOB) - 2022

In 2022, the average export price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses amounted to $2,073 per ton, increasing by 31% against the previous year. Over the period under review, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for vinyl acetate polymers; (other than in aqueous dispersion), in primary formses increased by +83.9% against 2016 indices. 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 external markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($2,466 per ton), while the average price for exports to Ethiopia ($1,635 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 Tanzania (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Kenya

In 2022, approx. 177 tons of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses were imported into Kenya; growing by 1,478% against 2021. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses skyrocketed to $291K in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt2.44.74.3280388.6%
TunisiaN/AN/A0.510.31960.0%
China1.98.94.6N/A55.6%
India2.62.71.3N/A-29.3%
South Africa2.713.05.9N/A47.8%
Others0.51.80.60.2-26.3%
Total10.031.017.2291207.6%

Top Suppliers of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms to Kenya in 2022:

  1. Egypt (170.1 tons)
  2. Tunisia (6.7 tons)

Exports of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Kenya

In 2022, exports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses from Kenya reduced remarkably to 124 tons, declining by -37.4% on the year before. Over the period under review, exports continue to indicate a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 66%.

In value terms, exports of vinyl acetate polymers; (other than in aqueous dispersion), in primary formses declined sharply to $258K in 2022. Overall, exports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 107%. As a result, the exports attained the peak of $314K, and then fell remarkably in the following year.

Export of Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania92.328.816913814.3%
Rwanda5.617.324.349.1106.2%
Uganda32.311.720.737.45.0%
Burundi6.514.918.529.966.3%
EthiopiaN/AN/AN/A3.40%
Malawi62.040.633.9N/A-26.1%
Mozambique10436.346.1N/A-33.4%
Others3.22.32.2N/A-17.1%
Total306152314258-5.5%

Top Export Markets for Vinyl Acetate Polymers; (Other than in Aqueous Dispersion), in Primary Forms from Kenya in 2022:

  1. Tanzania (72.2 tons)
  2. Rwanda (22.1 tons)
  3. Uganda (15.9 tons)
  4. Burundi (12.1 tons)
  5. Ethiopia (2.1 tons)

Source: IndexBox Market Intelligence Platform

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