Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Kenya - 2022

Contents:

  1. Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Kenya (CIF) - 2022
  2. Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Kenya (FOB) - 2022
  3. Imports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Kenya
  4. Exports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Kenya

Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Kenya (CIF) - 2022

In 2022, the average import price for polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses amounted to $3,855 per ton, surging by 47% against the previous year. Overall, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.5% 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 polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses increased by +97.2% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 Netherlands ($5,919 per ton), while the price for China ($3,649 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Kenya (FOB) - 2022

In 2022, the average export price for polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses amounted to $4,100 per ton, growing by 14% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by 68%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($4,133 per ton), while the average price for exports to Tanzania stood at $3,120 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Kenya

In 2022, imports of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses into Kenya fell to 498 tons, shrinking by -4.5% compared with the previous year's figure. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +11.0% 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 +50.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 57%. As a result, imports reached the peak of 521 tons, and then contracted in the following year.

In value terms, imports of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses soared to $1.9M in 2022. Overall, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2021 with an increase of 110%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3523568581,51962.8%
Taiwan (Chinese)14015630838440.0%
Japan18322.144.9N/A-50.5%
United States65.973.491.4N/A17.8%
Others43.839.860.016.3-28.1%
Total7856481,3621,91934.7%

Top Suppliers of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups to Kenya in 2022:

  1. China (416.2 tons)
  2. Taiwan (Chinese) (80.7 tons)

Exports of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Kenya

For the third year in a row, Kenya recorded decline in shipments abroad of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses, which decreased by -7.4% to 15 tons in 2022. Overall, exports faced a sharp descent.

In value terms, exports of polyvinyl alcohol; whether or not containing unhydrolysed acetate groupses rose significantly to $60K in 2022. Over the period under review, exports faced a dramatic shrinkage.

Export of Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda12246.136.958.6-21.7%
Tanzania20.110.217.11.5-57.9%
Burundi1.52.70.8N/A-27.0%
Uganda5.68.72.3N/A-35.9%
OthersN/AN/AN/AN/A0%
Total15067.757.160.1-26.3%

Top Export Markets for Polyvinyl Alcohol; Whether or Not Containing Unhydrolysed Acetate Groups from Kenya in 2022:

  1. Rwanda (14.2 tons)
  2. Tanzania (0.5 tons)

Source: IndexBox Market Intelligence Platform

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