Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Kenya - 2022

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Kenya (CIF) - 2022
2. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Kenya (FOB) - 2022
3. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Kenya
4. Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Kenya

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Kenya (CIF) - 2022

The average import price for polymers, natural; alginic acid, its salts and esters, in primary formses stood at $19,721 per ton in 2022, with an increase of 37% against the previous year. In general, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for polymers, natural; alginic acid, its salts and esters, in primary formses increased by +109.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 53%. The import price peaked at $22,528 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 the UK ($189,455 per ton), while the price for Germany ($7,197 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+22.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Kenya (FOB) - 2022

In 2022, the average export price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $840 per ton, which is down by -74.9% against the previous year. Overall, the export price showed a abrupt downturn. The growth pace was the most rapid in 2015 an increase of 174%. As a result, the export price attained the peak level of $11,150 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to +38.8% per year.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Kenya

In 2022, overseas purchases of polymers, natural; alginic acid, its salts and esters, in primary formses decreased by -1.9% to 9 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +24.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +93.0% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 91%.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses surged to $178K in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 58% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Kenya in 2022:

1. South Africa (4.6 tons)
2. Chile (1.1 tons)
3. Germany (0.9 tons)
4. Norway (0.6 tons)
5. United States (0.5 tons)
6. India (0.3 tons)
7. France (0.2 tons)

Exports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Kenya

In 2022, overseas shipments of polymers, natural; alginic acid, its salts and esters, in primary formses increased by 1,718% to 5 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports showed 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 polymers, natural; alginic acid, its salts and esters, in primary formses surged to $4.2K in 2022. In general, exports, however, saw a abrupt descent.

Top Export Markets for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms from Kenya in 2022:

1. Indonesia (5.0 tons)

Source: IndexBox Market Intelligence Platform