Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Kenya - 2022

Contents:

1. Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Kenya (CIF) - 2022
2. Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Kenya

Price for Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Kenya (CIF) - 2022

In 2022, the average import price for hormones; halogenated derivatives or adrenal cortical hormoneses amounted to $1,154,077 per ton, rising by 6.3% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 24% against the previous year. Over the period under review, average import prices attained the maximum at $1,503,504 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($1,386,610 per ton), while the price for Germany ($99,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+2.0%), while the prices for the other major suppliers experienced a decline.

Imports of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones in Kenya

In 2022, purchases abroad of hormones; halogenated derivatives or adrenal cortical hormoneses decreased by -1.9% to 207 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +17.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 52%.

In value terms, imports of hormones; halogenated derivatives or adrenal cortical hormoneses totaled $239K in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +21.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.1% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 38%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Hormones; Halogenated Derivatives or Adrenal Cortical Hormones to Kenya in 2022:

1. Malaysia (105.0 kg)
2. India (59.0 kg)
3. China (40.0 kg)

Source: IndexBox Market Intelligence Platform