Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Kenya - 2022
Contents:
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Kenya (CIF) - 2022
- Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Kenya (FOB) - 2022
- Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Kenya
- Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Kenya
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Kenya (CIF) - 2022
The average import price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,385 per ton in 2022, increasing by 47% against the previous year. Overall, the import price, however, saw a slight reduction. Over the period under review, average import prices attained the maximum at $1,558 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($9,741 per ton), while the price for Hong Kong SAR ($729 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Kenya (FOB) - 2022
The average export price for acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $1,115 per ton in 2022, approximately equating the previous year. Over the period under review, the export price saw a perceptible reduction. The most prominent rate of growth was recorded in 2017 an increase of 22% against the previous year. Over the period under review, the average export prices attained the maximum at $1,649 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Tanzania.
From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to -3.8% per year.
Imports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Kenya
In 2022, after three years of growth, there was significant decline in supplies from abroad of acids; aromatic polycarboxylic acids; phthalic anhydrides, when their volume decreased by -22.6% to 2.2K tons. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 82%.
In value terms, imports of acids; aromatic polycarboxylic acids; phthalic anhydrides stood at $3.1M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +26.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +100.3% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 48%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
Import of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 858 | 1,442 | 1,598 | 2,110 | 35.0% |
Russia | 36.2 | 80.1 | 196 | 221 | 82.8% |
China | 53.0 | 70.9 | 264 | 209 | 58.0% |
Taiwan (Chinese) | 189 | 56.2 | 104 | 180 | -1.6% |
Belarus | 38.5 | 126 | 91.2 | 103 | 38.8% |
India | 127 | 256 | 233 | 42.0 | -30.8% |
Hong Kong SAR | 36.5 | 33.8 | 25.9 | 26.7 | -9.9% |
Others | 197 | 201 | 188 | 184 | -2.2% |
Total | 1,535 | 2,265 | 2,700 | 3,076 | 26.1% |
Top Suppliers of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride to Kenya in 2022:
- South Korea (1529.4 tons)
- Russia (199.0 tons)
- China (147.1 tons)
- Taiwan (Chinese) (134.6 tons)
- Belarus (115.2 tons)
- Hong Kong SAR (36.7 tons)
- India (34.9 tons)
Exports of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Kenya
Exports of acids; aromatic polycarboxylic acids; phthalic anhydrides from Kenya shrank to 7.2 tons in 2022, with a decrease of -12.5% on 2021 figures. In general, exports recorded a drastic downturn.
In value terms, exports of acids; aromatic polycarboxylic acids; phthalic anhydrides reduced to $8.1K in 2022. Overall, exports recorded a abrupt decrease.
Export of Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tanzania | 12.1 | 10.6 | 9.2 | 8.1 | -12.5% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 12.1 | 10.6 | 9.2 | 8.1 | -12.5% |
Top Export Markets for Acids; Aromatic Polycarboxylic Acids; Phthalic Anhydride from Kenya in 2022:
- Tanzania (7.2 tons)
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