Price for Pharmaceutical Goods; Waste Pharmaceuticals in Kenya - 2022

Contents:

1. Price for Pharmaceutical Goods; Waste Pharmaceuticals in Kenya (CIF) - 2022
2. Price for Pharmaceutical Goods; Waste Pharmaceuticals in Kenya (FOB) - 2022
3. Imports of Pharmaceutical Goods; Waste Pharmaceuticals in Kenya
4. Exports of Pharmaceutical Goods; Waste Pharmaceuticals in Kenya

Price for Pharmaceutical Goods; Waste Pharmaceuticals in Kenya (CIF) - 2022

The average pharmaceutical goods; waste pharmaceuticals import price stood at $22,132 per ton in 2022, increasing by 5.1% against the previous year. In general, the import price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2015 when the average import price increased by 69%. As a result, import price attained the peak level of $70,398 per ton. From 2016 to 2022, the average 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 Belgium ($78,729 per ton), while the price for South Africa ($10,437 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+45.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Pharmaceutical Goods; Waste Pharmaceuticals in Kenya (FOB) - 2022

In 2022, the average pharmaceutical goods; waste pharmaceuticals export price amounted to $32,672 per ton, dropping by -58.8% against the previous year. Over the period under review, the export price, however, recorded a remarkable increase. The pace of growth appeared the most rapid in 2016 when the average export price increased by 162% against the previous year. The export price peaked at $84,563 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($85,261 per ton), while the average price for exports to Singapore ($1,958 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 Ethiopia (+66.2%).

Imports of Pharmaceutical Goods; Waste Pharmaceuticals in Kenya

In 2022, purchases abroad of pharmaceutical goods; waste pharmaceuticalses decreased by -7.2% to 2.2 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,237%. As a result, imports attained the peak of 3 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, pharmaceutical goods; waste pharmaceuticals imports shrank modestly to $50K in 2022. Over the period under review, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 1,035%.

Top Suppliers of Pharmaceutical Goods; Waste Pharmaceuticals to Kenya in 2022:

1. South Africa (1239.0 kg)
2. United Kingdom (592.0 kg)
3. Israel (308.0 kg)
4. Belgium (48.0 kg)

Exports of Pharmaceutical Goods; Waste Pharmaceuticals in Kenya

In 2022, overseas shipments of pharmaceutical goods; waste pharmaceuticalses increased by 256% to 64 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, pharmaceutical goods; waste pharmaceuticals exports skyrocketed to $2.1K in 2022. In general, exports, however, showed a deep setback.

Top Export Markets for Pharmaceutical Goods; Waste Pharmaceuticals from Kenya in 2022:

1. Singapore (24.0 kg)
2. United Kingdom (23.0 kg)
3. Rwanda (13.0 kg)

Source: IndexBox Market Intelligence Platform