Price for Dyes; Pigments and Preparations Based Thereon in Kenya - 2022
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Kenya (CIF) - 2022
- Price for Dyes; Pigments and Preparations Based Thereon in Kenya (FOB) - 2022
- Imports of Dyes; Pigments and Preparations Based Thereon in Kenya
- Exports of Dyes; Pigments and Preparations Based Thereon in Kenya
Price for Dyes; Pigments and Preparations Based Thereon in Kenya (CIF) - 2022
The average import price for dyes; pigments and preparations based therea stood at $7,662 per ton in December 2021, picking up by 25% against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in August 2021 when the average import price increased by 88% m-o-m. As a result, import price reached the peak level of $11,946 per ton. From September 2021 to December 2021, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($58,183 per ton), while the price for China ($3,586 per ton) was amongst the lowest.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by France (+43.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Pigments and Preparations Based Thereon in Kenya (FOB) - 2022
The average export price for dyes; pigments and preparations based therea stood at $5,115 per ton in 2022, rising by 5.5% against the previous year. Overall, export price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for dyes; pigments and preparations based therea decreased by -11.1% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 26%. The export price peaked at $5,753 per ton in 2020; however, from 2021 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 Uganda ($6,576 per ton), while the average price for exports to Democratic Republic of the Congo ($2,484 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 (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Dyes; Pigments and Preparations Based Thereon in Kenya
For the third consecutive year, Kenya recorded decline in purchases abroad of dyes; pigments and preparations based therea, which decreased by -8% to 1.4K tons in 2022. In general, imports recorded a deep setback. The smallest decline of -5.8% was in 2020.
In value terms, imports of dyes; pigments and preparations based therea contracted to $8.7M in 2022. Overall, imports recorded a mild slump. The pace of growth appeared the most rapid in 2020 when imports increased by 13% against the previous year. As a result, imports attained the peak of $10M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Dyes; Pigments and Preparations Based Thereon in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 5,061 | 5,080 | 5,310 | 5,488 | 2.7% |
China | 707 | 754 | 740 | 988 | 11.8% |
South Africa | 907 | 962 | 392 | 355 | -26.9% |
France | 15.6 | 58.6 | 265 | 257 | 154.5% |
South Korea | 201 | 279 | 147 | 176 | -4.3% |
United Arab Emirates | 191 | 239 | 213 | 167 | -4.4% |
Morocco | 25.2 | 46.8 | 103 | 139 | 76.7% |
Taiwan (Chinese) | 197 | 245 | 184 | 121 | -15.0% |
Vietnam | 53.3 | 223 | 76.2 | 72.1 | 10.6% |
Netherlands | 145 | 328 | 129 | 28.4 | -41.9% |
Others | 1,532 | 1,970 | 1,864 | 865 | -17.3% |
Total | 9,035 | 10,187 | 9,422 | 8,656 | -1.4% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Kenya in 2022:
- India (761.1 tons)
- China (205.5 tons)
- Vietnam (133.0 tons)
- France (50.4 tons)
- South Africa (49.9 tons)
- United Arab Emirates (44.2 tons)
- South Korea (23.5 tons)
- Morocco (23.4 tons)
- Taiwan (Chinese) (20.0 tons)
- Netherlands (7.9 tons)
Exports of Dyes; Pigments and Preparations Based Thereon in Kenya
After three years of growth, overseas shipments of dyes; pigments and preparations based therea decreased by -15.3% to 126 tons in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +34.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, the exports attained the peak of 149 tons, and then declined notably in the following year.
In value terms, exports of dyes; pigments and preparations based therea contracted to $646K in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 41%.
Export of Dyes; Pigments and Preparations Based Thereon in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uganda | 281 | 332 | 192 | 233 | -6.1% |
Rwanda | 65.5 | 65.9 | 103 | 202 | 45.6% |
Tanzania | 74.2 | 157 | 212 | 182 | 34.9% |
Democratic Republic of the Congo | 0.9 | 9.3 | 15.9 | 16.3 | 162.6% |
Zambia | 5.0 | 28.5 | 173 | N/A | 488.2% |
Others | 4.7 | 15.9 | 26.1 | 11.5 | 34.8% |
Total | 431 | 609 | 722 | 646 | 14.4% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Kenya in 2022:
- Rwanda (51.5 tons)
- Uganda (35.5 tons)
- Tanzania (31.6 tons)
- Democratic Republic of the Congo (6.6 tons)
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