Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Kenya - 2022

Contents:

  1. Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Kenya (CIF) - 2022
  2. Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Kenya (FOB) - 2022
  3. Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Kenya
  4. Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Kenya

Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Kenya (CIF) - 2022

The average import price for monophenols; phenol (hydroxybenzene) and its saltses stood at $7,552 per ton in 2022, rising by 21% against the previous year. Over the period under review, the import price posted tangible growth. The most prominent rate of growth was recorded in 2018 an increase of 69% against the previous year. As a result, import price reached the peak level of $9,400 per ton. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($9,862 per ton), while the price for South Africa totaled $6,573 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+25.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Monophenols; Phenol (Hydroxybenzene) and Its Salts in Kenya (FOB) - 2022

The average export price for monophenols; phenol (hydroxybenzene) and its saltses stood at $4,341 per ton in 2022, which is down by -14.4% against the previous year. In general, the export price, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2013 an increase of 96%. Over the period under review, the average export prices reached the peak figure at $5,375 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Tanzania.

From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to +12.1% per year.

Imports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Kenya

In 2022, supplies from abroad of monophenols; phenol (hydroxybenzene) and its saltses decreased by -50.5% to 620 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a noticeable downturn. The pace of growth was the most pronounced in 2020 when imports increased by 598%. As a result, imports reached the peak of 4.8 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of monophenols; phenol (hydroxybenzene) and its saltses fell remarkably to $4.7K in 2022. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 523% against the previous year. As a result, imports attained the peak of $35K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa0.84.30.73.258.7%
United StatesN/A0.1N/A1.1231.7%
India0.47.50.10.1-37.0%
China4.523.37.0N/A24.7%
OthersN/A0.10.10.241.4%
Total5.735.47.84.7-6.2%

Top Suppliers of Monophenols; Phenol (Hydroxybenzene) and Its Salts to Kenya in 2022:

  1. South Africa (490.0 kg)
  2. United States (116.0 kg)
  3. India (9.0 kg)

Exports of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Kenya

For the fourth consecutive year, Kenya recorded growth in shipments abroad of monophenols; phenol (hydroxybenzene) and its saltses, which increased by 204% to 82 kg in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of monophenols; phenol (hydroxybenzene) and its saltses skyrocketed to $356 in 2022. In general, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Monophenols; Phenol (Hydroxybenzene) and Its Salts in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania48.079.012635695.0%
Others5.07.011.0N/A48.3%
Total53.086.013735688.7%

Top Export Markets for Monophenols; Phenol (Hydroxybenzene) and Its Salts from Kenya in 2022:

  1. Tanzania (82.0 kg)

Source: IndexBox Market Intelligence Platform

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