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

Contents:

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

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

The average import price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $9,622 per ton in 2022, standing approx. at the previous year. Overall, the import price, however, showed a abrupt slump. The pace of growth appeared the most rapid in 2014 an increase of 488%. The import price peaked at $26,848 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 South Africa ($11,990 per ton), while the price for China ($4,643 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (-0.2%), while the prices for the other major suppliers experienced a decline.

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

The average export price for alcohols; aromatic and derivatives, other than benzyl alcohol stood at $3,964 per ton in 2022, waning by -3.6% against the previous year. Over the period under review, the export price continues to indicate a perceptible reduction. The growth pace was the most rapid in 2021 when the average export price increased by 63%. The export price peaked at $5,326 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($4,047 per ton), while the average price for exports to Sudan ($1,000 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 (-1.2%), while the prices for the other major destinations experienced a decline.

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

After three years of growth, supplies from abroad of alcohols; aromatic and derivatives, other than benzyl alcohol decreased by -25.5% to 1.3 tons in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 104%. As a result, imports attained the peak of 1.7 tons, and then contracted significantly in the following year.

In value terms, imports of alcohols; aromatic and derivatives, other than benzyl alcohol reduced remarkably to $12K in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 96%. As a result, imports reached the peak of $16K, and then fell sharply in the following year.

Import of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa1.54.210.37.268.7%
India1.12.13.43.445.7%
China1.52.02.31.3-4.7%
OthersN/AN/A0.20.350.0%
Total4.28.316.212.242.7%

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

  1. South Africa (598.0 kg)
  2. India (372.0 kg)
  3. China (277.0 kg)

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

In 2022, shipments abroad of alcohols; aromatic and derivatives, other than benzyl alcohol was finally on the rise to reach 55 kg after two years of decline. Overall, exports, however, saw a dramatic curtailment.

In value terms, exports of alcohols; aromatic and derivatives, other than benzyl alcohol fell modestly to $218 in 2022. Over the period under review, exports, however, showed a dramatic descent. The most prominent rate of growth was recorded in 2021 when exports increased by 2.3%.

Export of Alcohols; Aromatic and Derivatives, Other than Benzyl Alcohol in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania346133176174-20.5%
Rwanda78.030.040.039.0-20.6%
Uganda5.01.05.04.0-7.2%
Sudan1.01.01.01.00.0%
Democratic Republic of the CongoN/A52.0N/AN/A0%
Others1.0N/AN/AN/A0%
Total431217222218-20.3%

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

  1. Tanzania (43.0 kg)
  2. Rwanda (10.0 kg)
  3. Sudan (1.0 kg)
  4. Uganda (1.0 kg)

Source: IndexBox Market Intelligence Platform

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