Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Kenya - 2022
Contents:
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Kenya (CIF) - 2022
- Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Kenya (FOB) - 2022
- Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Kenya
- Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Kenya
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Kenya (CIF) - 2022
The average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $2,745 per ton in 2022, picking up by 10% against the previous year. Over the period under review, the import price, however, showed a mild reduction. The most prominent rate of growth was recorded in 2013 an increase of 15%. As a result, import price reached the peak level of $3,511 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
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 the United States ($6,038 per ton), while the price for the United Arab Emirates ($1,056 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Kenya (FOB) - 2022
In 2022, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $1,768 per ton, which is down by -13.7% against the previous year. In general, the export price saw a perceptible slump. The pace of growth was the most pronounced in 2014 an increase of 20%. Over the period under review, the average export prices hit record highs at $3,083 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($4,841 per ton), while the average price for exports to Uganda ($480 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 Rwanda (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Kenya
Imports of adhesives; prepared, based on rubber or plastics (including artificial resins) into Kenya declined to 2.8K tons in 2022, with a decrease of -14.7% on the year before. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +8.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +30.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 52%. As a result, imports reached the peak of 3.2K tons, and then shrank in the following year.
In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) shrank to $7.6M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.4% 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 +45.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. As a result, imports reached the peak of $8.1M, and then declined in the following year.
| Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 625 | 659 | 2,036 | 2,798 | 64.8% |
| Egypt | 1,070 | 1,506 | 1,617 | 1,399 | 9.3% |
| India | 411 | 439 | 851 | 919 | 30.8% |
| Italy | 142 | 148 | 179 | 548 | 56.9% |
| Germany | 501 | 745 | 693 | 513 | 0.8% |
| United States | 1,312 | 684 | 806 | 265 | -41.3% |
| Turkey | 43.4 | 247 | 267 | 251 | 79.5% |
| Taiwan (Chinese) | 311 | 328 | 467 | 133 | -24.7% |
| United Arab Emirates | 40.4 | 69.0 | 98.2 | 63.6 | 16.3% |
| Others | 753 | 722 | 1,053 | 697 | -2.5% |
| Total | 5,208 | 5,548 | 8,066 | 7,586 | 13.4% |
Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Kenya in 2022:
- China (1439.6 tons)
- Egypt (428.2 tons)
- India (242.3 tons)
- Italy (152.1 tons)
- Germany (130.1 tons)
- Turkey (81.6 tons)
- United Arab Emirates (60.2 tons)
- United States (43.8 tons)
- Taiwan (Chinese) (27.5 tons)
Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Kenya
In 2022, the amount of adhesives; prepared, based on rubber or plastics (including artificial resins) exported from Kenya surged to 273 tons, increasing by 307% on the year before. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) skyrocketed to $483K in 2022. In general, exports posted a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burundi | 23.4 | 35.4 | 34.8 | 196 | 103.1% |
| Democratic Republic of the Congo | 2.2 | 1.4 | 16.6 | 71.3 | 218.8% |
| Ethiopia | 162 | 52.6 | 30.0 | 64.7 | -26.4% |
| Tanzania | 6.2 | 3.1 | 14.1 | 56.1 | 108.4% |
| Uganda | 24.1 | 9.6 | 7.6 | 49.1 | 26.8% |
| Rwanda | 53.3 | 11.3 | 13.8 | 39.6 | -9.4% |
| South Sudan | 0.8 | 0.3 | 0.2 | 5.8 | 93.5% |
| South Africa | 13.0 | 11.7 | 12.0 | N/A | -3.9% |
| Others | 13.1 | 7.4 | 8.5 | 0.3 | -71.6% |
| Total | 298 | 133 | 138 | 483 | 17.5% |
Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Kenya in 2022:
- Uganda (102.4 tons)
- Burundi (66.2 tons)
- Democratic Republic of the Congo (45.7 tons)
- Rwanda (22.3 tons)
- Ethiopia (20.5 tons)
- Tanzania (11.6 tons)
- South Sudan (4.3 tons)
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This report provides an in-depth analysis of the market for prepared glues and other prepared adhesives in Kenya.
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This report provides an in-depth analysis of the global market for prepared glues and other prepared adhesives.
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Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
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Discover the top import markets for prepared glues and other prepared adhesives, including China, Germany, Vietnam, and the United States. Gain insights into market statistics and trends. Explore the significance of prepared adhesives in various industries.
