Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Kenya - 2022

Contents:

  1. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Kenya (CIF) - 2022
  2. Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Kenya (FOB) - 2022
  3. Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Kenya
  4. Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Kenya

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Kenya (CIF) - 2022

The average import price for alcohols; aromatic alcohols and derivatives, benzyl alcohol stood at $2,129 per ton in 2022, which is down by -10.3% against the previous year. In general, the import price, however, continues to indicate a measured increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 174%. As a result, import price attained the peak level of $5,855 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($6,612 per ton), while the price for China ($1,011 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+24.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Kenya (FOB) - 2022

In 2022, the average export price for alcohols; aromatic alcohols and derivatives, benzyl alcohol amounted to $2,562 per ton, leveling off at the previous year. Overall, the export price, however, continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2013 when the average export price increased by 78% against the previous year. The export price peaked at $3,700 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($3,806 per ton), while the average price for exports to Rwanda amounted to $2,265 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+15.8%).

Imports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Kenya

After two years of decline, supplies from abroad of alcohols; aromatic alcohols and derivatives, benzyl alcohol increased by 238% to 11 tons in 2022. Overall, imports, however, continue to indicate a sharp curtailment.

In value terms, imports of alcohols; aromatic alcohols and derivatives, benzyl alcohol surged to $23K in 2022. In general, imports, however, recorded a precipitous curtailment.

Import of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India8.416.31.014.118.8%
United Arab Emirates12.47.13.85.0-26.1%
Netherlands5.63.42.02.8-20.6%
China39.911.20.60.8-72.8%
Others0.30.10.10.1-30.7%
Total66.738.17.522.8-30.1%

Top Suppliers of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol to Kenya in 2022:

  1. India (6.3 tons)
  2. United Arab Emirates (3.2 tons)
  3. China (0.8 tons)
  4. Netherlands (0.4 tons)

Exports of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Kenya

In 2022, approx. 534 kg of alcohols; aromatic alcohols and derivatives, benzyl alcohol were exported from Kenya; growing by 576% on the previous year. Overall, exports recorded a significant expansion.

In value terms, exports of alcohols; aromatic alcohols and derivatives, benzyl alcohol surged to $1.4K in 2022. Over the period under review, exports enjoyed a resilient increase.

Export of Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda7852,2811689767.5%
Uganda97.025027.039259.3%
OthersN/AN/A10.0N/A0%
Total8822,5312051,36815.8%

Top Export Markets for Alcohols; Aromatic Alcohols and Derivatives, Benzyl Alcohol from Kenya in 2022:

  1. Rwanda (431.0 kg)
  2. Uganda (103.0 kg)

Source: IndexBox Market Intelligence Platform

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