Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Kenya - 2022
Contents:
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Kenya (CIF) - 2022
- Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Kenya (FOB) - 2022
- Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Kenya
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 566 | 462 | 293 | 456 | -7.0% |
South Africa | 184 | 78.8 | 82.1 | 144 | -7.8% |
China | 85.1 | 125 | 70.4 | 97.0 | 4.5% |
Germany | 17.1 | 69.9 | 95.3 | 65.4 | 56.4% |
United States | 52.9 | 108 | 106 | 23.4 | -23.8% |
Hong Kong SAR | 9.2 | 8.9 | 6.5 | 7.2 | -7.8% |
United Kingdom | 45.5 | 8.8 | 36.6 | 5.8 | -49.7% |
Others | 16.5 | 38.8 | 137 | 64.8 | 57.8% |
Total | 976 | 899 | 827 | 863 | -4.0% |
Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Kenya in 2022:
- India (18.4 tons)
- China (5.0 tons)
- Germany (3.5 tons)
- South Africa (3.3 tons)
- Hong Kong SAR (0.9 tons)
- United States (0.8 tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uganda | 17.8 | 2.4 | 3.8 | 14.4 | -6.8% |
South Sudan | 1.8 | 1.1 | 4.1 | 3.5 | 24.8% |
Rwanda | 0.1 | 0.1 | 0.8 | 1.2 | 128.9% |
Tanzania | 1.3 | 0.2 | 0.1 | 1.1 | -5.4% |
Zambia | 59.6 | N/A | N/A | N/A | 0% |
Nigeria | N/A | 22.0 | N/A | N/A | 0% |
Democratic Republic of the Congo | N/A | N/A | 6.4 | N/A | 0% |
Others | 0.1 | N/A | 0.2 | 0.5 | 71.0% |
Total | 80.5 | 25.8 | 15.4 | 20.6 | -36.5% |
Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from Kenya in 2022:
- South Sudan (309.0 kg)
- Uganda (72.0 kg)
- Rwanda (41.0 kg)
- Tanzania (8.0 kg)
This report provides an in-depth analysis of the aromatic alcohols market in Kenya.
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