Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Kenya - 2022

Contents:

1. Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Kenya (FOB) - 2022
2. Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Kenya (CIF) - 2022
3. Exports of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Kenya
4. Imports of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Kenya

Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Kenya (FOB) - 2022

In 2022, the average export price for organic surface-active agents (excluding soap, anionic, cationic, non-ionic) amounted to $1,733 per ton, with an increase of 3.3% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 37%. As a result, the export price reached the peak level of $2,456 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Djibouti ($4,264 per ton), while the average price for exports to Mozambique ($482 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 Madagascar (+14.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Kenya (CIF) - 2022

In December 2021, the average import price for organic surface-active agents (excluding soap, anionic, cationic, non-ionic) amounted to $3,896 per ton, increasing by 130% against the previous month. In general, the import price saw a resilient increase. The import price peaked at $4,487 per ton in April 2021; however, from May 2021 to December 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was South Korea ($9,148 per ton), while the price for Malaysia ($1,363 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 South Korea (+39.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Kenya

In 2022, approx. 1.5K tons of organic surface-active agents (excluding soap, anionic, cationic, non-ionic) were exported from Kenya; growing by 3.5% against 2021. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.8% 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 +51.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 38%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of organic surface-active agents (excluding soap, anionic, cationic, non-ionic) expanded rapidly to $2.6M in 2022. The total export value increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 16% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Top Export Markets for Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) from Kenya in 2022:

1. Tanzania (516.5 tons)
2. Ethiopia (339.2 tons)
3. Burundi (184.2 tons)
4. Uganda (112.1 tons)
5. Rwanda (100.4 tons)
6. Zambia (58.2 tons)
7. Eritrea (31.7 tons)
8. Malawi (29.8 tons)
9. Madagascar (28.2 tons)

Imports of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) in Kenya

In 2022, imports of organic surface-active agents (excluding soap, anionic, cationic, non-ionic) into Kenya expanded rapidly to 928 tons, rising by 11% compared with 2021 figures. The total import volume increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 19%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of organic surface-active agents (excluding soap, anionic, cationic, non-ionic) rose significantly to $2.3M in 2022. The total import value increased at an average annual rate of +8.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 32%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Organic Surface-Active Agents (Excl. Soap, Anionic, Cationic, Non-Ionic) to Kenya in 2022:

1. Malaysia (333.2 tons)
2. India (206.0 tons)
3. China (79.5 tons)
4. South Africa (62.0 tons)
5. Egypt (52.3 tons)
6. South Korea (38.9 tons)
7. Indonesia (33.3 tons)
8. United Kingdom (21.0 tons)
9. Belgium (19.7 tons)
10. Spain (15.3 tons)
11. Germany (12.9 tons)

Source: IndexBox Market Intelligence Platform