Price for Lecithins and Other Phosphoaminolipids in Kenya - 2022

Contents:

1. Price for Lecithins and Other Phosphoaminolipids in Kenya (CIF) - 2022
2. Price for Lecithins and Other Phosphoaminolipids in Kenya (FOB) - 2022
3. Imports of Lecithins and Other Phosphoaminolipids in Kenya
4. Exports of Lecithins and Other Phosphoaminolipids in Kenya

Price for Lecithins and Other Phosphoaminolipids in Kenya (CIF) - 2022

In 2022, the average lecithins and other phosphoaminolipids import price amounted to $2,077 per ton, surging by 40% against the previous year. Over the period under review, the import price, however, showed a perceptible decline. The import price peaked at $3,336 per ton in 2015; however, from 2016 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 the UK ($9,179 per ton), while the price for the Netherlands ($1,413 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lecithins and Other Phosphoaminolipids in Kenya (FOB) - 2022

In 2022, the average lecithins and other phosphoaminolipids export price amounted to $2,212 per ton, surging by 32% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 36%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

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 Democratic Republic of the Congo ($3,775 per ton), while the average price for exports to Tanzania ($1,723 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 Democratic Republic of the Congo (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Lecithins and Other Phosphoaminolipids in Kenya

In 2022, approx. 285 tons of lecithins and other phosphoaminolipidses were imported into Kenya; surging by 4.8% against 2021 figures. The total import volume increased at an average annual rate of +7.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 19% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, lecithins and other phosphoaminolipids imports surged to $592K in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +19.7% 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 +71.6% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Lecithins and Other Phosphoaminolipids to Kenya in 2022:

1. India (87.7 tons)
2. China (76.6 tons)
3. Denmark (44.3 tons)
4. Netherlands (41.9 tons)
5. Germany (32.0 tons)

Exports of Lecithins and Other Phosphoaminolipids in Kenya

Lecithins and other phosphoaminolipids exports from Kenya dropped rapidly to 9.6 tons in 2022, waning by -19.5% against the year before. In general, exports continue to indicate a slight decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 38% against the previous year. As a result, the exports attained the peak of 12 tons, and then shrank markedly in the following year.

In value terms, lecithins and other phosphoaminolipids exports totaled $21K in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.1% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 23%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.

Top Export Markets for Lecithins and Other Phosphoaminolipids from Kenya in 2022:

1. Tanzania (4.7 tons)
2. Rwanda (3.5 tons)
3. Uganda (1.1 tons)
4. Democratic Republic of the Congo (0.2 tons)

Source: IndexBox Market Intelligence Platform