Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Kenya - 2022

Contents:

1. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Kenya (CIF) - 2022
2. Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Kenya (FOB) - 2022
3. Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Kenya
4. Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Kenya

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Kenya (CIF) - 2022

The average import price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses stood at $1,216 per ton in 2022, surging by 47% against the previous year. Overall, the import price, however, saw a noticeable shrinkage. The import price peaked at $2,003 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 India ($2,603 per ton), while the price for China ($886 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Kenya (FOB) - 2022

In 2022, the average export price for acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses amounted to $2,231 per ton, jumping by 83% against the previous year. Over the period under review, the export price enjoyed strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ethiopia ($45,000 per ton), while the average price for exports to Rwanda stood at $1,335 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Kenya

In 2022, after three years of growth, there was significant decline in purchases abroad of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses, when their volume decreased by -48.1% to 71 tons. In general, imports, however, saw a pronounced increase. The pace of growth was the most pronounced in 2021 when imports increased by 99% against the previous year. As a result, imports reached the peak of 137 tons, and then reduced sharply in the following year.

In value terms, imports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses shrank markedly to $86K in 2022. Overall, imports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 73% against the previous year. As a result, imports reached the peak of $113K, and then dropped dramatically in the following year.

Top Suppliers of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters to Kenya in 2022:

1. China (50.1 tons)
2. Italy (19.0 tons)
3. India (1.2 tons)

Exports of Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters in Kenya

In 2022, shipments abroad of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses decreased by -88.5% to 195 kg, falling for the second consecutive year after two years of growth. Overall, exports faced a significant curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 41%. As a result, the exports attained the peak of 3.2 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of acids; acyclic polycarboxylic acids; oxalic acid, its salts and esterses fell dramatically to $435 in 2022. Over the period under review, exports recorded a sharp descent. The growth pace was the most rapid in 2020 with an increase of 16%. As a result, the exports attained the peak of $3.7K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Acids; Acyclic Polycarboxylic Acids; Oxalic Acid, Its Salts and Esters from Kenya in 2022:

1. Rwanda (191.0 kg)
2. Ethiopia (4.0 kg)

Source: IndexBox Market Intelligence Platform