Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Kenya - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Kenya (FOB) - 2022
- Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Kenya
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Kenya (FOB) - 2022
In 2022, the average export price for acids; saturated acyclic monocarboxylic acids; esters of formic acids amounted to $936 per ton, with a decrease of -3.4% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 an increase of 28% against the previous year. The export price peaked at $1,316 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($7,283 per ton), while the average price for exports to Uganda ($438 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 (+23.3%), while the prices for the other major destinations experienced a decline.
Exports of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Kenya
In 2022, the amount of acids; saturated acyclic monocarboxylic acids; esters of formic acids exported from Kenya fell modestly to 3.6 tons, waning by -4.7% compared with the year before. In general, exports showed a noticeable shrinkage. The smallest decline of -4.7% was in 2021.
In value terms, exports of acids; saturated acyclic monocarboxylic acids; esters of formic acids declined to $3.3K in 2022. Over the period under review, exports saw a deep setback. The smallest decline of -7.9% was in 2020.
| Export of Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 2.3 | 2.1 | 2.0 | 1.9 | -6.2% |
| Uganda | 1.8 | 1.7 | 1.5 | 1.4 | -8.0% |
| Rwanda | 0.2 | 0.1 | 0.1 | 0.1 | -20.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.3 | 3.9 | 3.6 | 3.3 | -8.4% |
Top Export Markets for Acids; Saturated Acyclic Monocarboxylic Acids; Esters of Formic Acid from Kenya in 2022:
- Uganda (3.2 tons)
- Tanzania (0.3 tons)
- Rwanda (0.1 tons)
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