Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Kenya - 2022

Contents:

  1. Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Kenya (CIF) - 2022
  2. Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Kenya (FOB) - 2022
  3. Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in Kenya
  4. Exports of Cellulose Nitrates (Including Collodions); in Primary Forms in Kenya

Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Kenya (CIF) - 2022

In 2022, the average import price for cellulose nitrates (including collodions); in primary formses amounted to $3,465 per ton, with an increase of 40% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Taiwan (Chinese) ($3,880 per ton) and Thailand ($3,535 per ton), while the price for Brazil ($2,635 per ton) and Canada ($2,981 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cellulose Nitrates (Including Collodions); in Primary Forms in Kenya (FOB) - 2022

The average export price for cellulose nitrates (including collodions); in primary formses stood at $3,795 per ton in 2022, jumping by 41% against the previous year. In general, the export price continues to indicate a pronounced increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by 51% against the previous year. The export price peaked at $6,228 per ton in 2015; however, from 2016 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 Rwanda ($7,310 per ton), while the average price for exports to South Sudan ($550 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 (+4.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cellulose Nitrates (Including Collodions); in Primary Forms in Kenya

In 2022, imports of cellulose nitrates (including collodions); in primary formses into Kenya skyrocketed to 1.2K tons, growing by 20% compared with 2021 figures. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.9% 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 +54.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of cellulose nitrates (including collodions); in primary formses skyrocketed to $4.2M in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cellulose Nitrates (Including Collodions); in Primary Forms in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand1232405501,333121.3%
China4234194581,09137.1%
Taiwan (Chinese)30123448.757824.3%
India584238533571-0.7%
Canada12017422035443.4%
Brazil199374242177-3.8%
Others567396468109-42.3%
Total2,3172,0752,5204,21322.1%

Top Suppliers of Cellulose Nitrates (Including Collodions); in Primary Forms to Kenya in 2022:

  1. Thailand (377.2 tons)
  2. China (313.9 tons)
  3. India (167.7 tons)
  4. Taiwan (Chinese) (148.8 tons)
  5. Canada (118.7 tons)
  6. Brazil (67.3 tons)

Exports of Cellulose Nitrates (Including Collodions); in Primary Forms in Kenya

In 2022, the amount of cellulose nitrates (including collodions); in primary formses exported from Kenya reduced dramatically to 96 tons, falling by -15.2% on the year before. In general, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 609%. As a result, the exports reached the peak of 113 tons, and then reduced sharply in the following year.

In value terms, exports of cellulose nitrates (including collodions); in primary formses surged to $363K in 2022. Over the period under review, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 551%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Cellulose Nitrates (Including Collodions); in Primary Forms in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania45.020.623831691.5%
Rwanda3.75.520.528.497.3%
Uganda35.920.443.916.5-22.8%
South SudanN/AN/AN/A2.50%
OthersN/AN/A0.1N/A0%
Total84.646.530336362.5%

Top Export Markets for Cellulose Nitrates (Including Collodions); in Primary Forms from Kenya in 2022:

  1. Tanzania (81.9 tons)
  2. Uganda (5.4 tons)
  3. South Sudan (4.5 tons)
  4. Rwanda (3.9 tons)

Source: IndexBox Market Intelligence Platform

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