Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Kenya - 2022

Contents:

  1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Kenya (CIF) - 2022
  2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Kenya (FOB) - 2022
  3. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Kenya
  4. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Kenya

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Kenya (CIF) - 2022

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $24,199 per ton, leveling off at the previous year. Over the period under review, the import price, however, showed a perceptible curtailment. The pace of growth appeared the most rapid in 2018 an increase of 50%. The import price peaked at $39,314 per ton in 2012; however, from 2013 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 South Africa ($44,216 per ton), while the price for Hong Kong SAR ($7,833 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 (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Kenya (FOB) - 2022

In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $47,628 per ton, rising by 135% against the previous year. Overall, the export price showed a resilient increase. The most prominent rate of growth was recorded in 2017 an increase of 139% against the previous year. The export price peaked at $63,366 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($200,177 per ton), while the average price for exports to South Sudan ($11,440 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 Zambia (+41.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Kenya

In 2022, approx. 36 tons of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol were imported into Kenya; surging by 3.9% compared with 2021 figures. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 7.7%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol expanded modestly to $863K in 2022. In general, imports, however, saw a pronounced decrease.

Import of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India566462293456-7.0%
South Africa18478.882.1144-7.8%
China85.112570.497.04.5%
Germany17.169.995.365.456.4%
United States52.910810623.4-23.8%
Hong Kong SAR9.28.96.57.2-7.8%
United Kingdom45.58.836.65.8-49.7%
Others16.538.813764.857.8%
Total976899827863-4.0%

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Kenya in 2022:

  1. India (18.4 tons)
  2. China (5.0 tons)
  3. Germany (3.5 tons)
  4. South Africa (3.3 tons)
  5. Hong Kong SAR (0.9 tons)
  6. United States (0.8 tons)
  7. United Kingdom (0.3 tons)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Kenya

In 2022, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol from Kenya reduced notably to 432 kg, which is down by -43.1% on the previous year's figure. Over the period under review, exports continue to indicate a sharp descent. The growth pace was the most rapid in 2021 with an increase of 0.1%.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol skyrocketed to $21K in 2022. Overall, exports recorded a sharp shrinkage.

Export of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda17.82.43.814.4-6.8%
South Sudan1.81.14.13.524.8%
Rwanda0.10.10.81.2128.9%
Tanzania1.30.20.11.1-5.4%
Zambia59.6N/AN/AN/A0%
NigeriaN/A22.0N/AN/A0%
Democratic Republic of the CongoN/AN/A6.4N/A0%
Others0.1N/A0.20.571.0%
Total80.525.815.420.6-36.5%

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from Kenya in 2022:

  1. South Sudan (309.0 kg)
  2. Uganda (72.0 kg)
  3. Rwanda (41.0 kg)
  4. Tanzania (8.0 kg)

Source: IndexBox Market Intelligence Platform

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