Price for Dyes; Pigments and Preparations Based Thereon in Kenya - 2022

Contents:

  1. Price for Dyes; Pigments and Preparations Based Thereon in Kenya (CIF) - 2022
  2. Price for Dyes; Pigments and Preparations Based Thereon in Kenya (FOB) - 2022
  3. Imports of Dyes; Pigments and Preparations Based Thereon in Kenya
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
India5,0615,0805,3105,4882.7%
China70775474098811.8%
South Africa907962392355-26.9%
France15.658.6265257154.5%
South Korea201279147176-4.3%
United Arab Emirates191239213167-4.4%
Morocco25.246.810313976.7%
Taiwan (Chinese)197245184121-15.0%
Vietnam53.322376.272.110.6%
Netherlands14532812928.4-41.9%
Others1,5321,9701,864865-17.3%
Total9,03510,1879,4228,656-1.4%

Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Kenya in 2022:

  1. India (761.1 tons)
  2. China (205.5 tons)
  3. Vietnam (133.0 tons)
  4. France (50.4 tons)
  5. South Africa (49.9 tons)
  6. United Arab Emirates (44.2 tons)
  7. South Korea (23.5 tons)
  8. Morocco (23.4 tons)
  9. Taiwan (Chinese) (20.0 tons)
  10. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda281332192233-6.1%
Rwanda65.565.910320245.6%
Tanzania74.215721218234.9%
Democratic Republic of the Congo0.99.315.916.3162.6%
Zambia5.028.5173N/A488.2%
Others4.715.926.111.534.8%
Total43160972264614.4%

Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Kenya in 2022:

  1. Rwanda (51.5 tons)
  2. Uganda (35.5 tons)
  3. Tanzania (31.6 tons)
  4. Democratic Republic of the Congo (6.6 tons)

Source: IndexBox Market Intelligence Platform

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