Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Kenya - 2022

Contents:

  1. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Kenya (CIF) - 2022
  2. Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Kenya (FOB) - 2022
  3. Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Kenya
  4. Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Kenya

Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Kenya (CIF) - 2022

The average import price for colouring matter; ultramarine and preparations based therea stood at $1,152 per ton in 2022, with a decrease of -9.6% against the previous year. Overall, the import price, however, saw tangible growth. The growth pace was the most rapid in 2013 an increase of 255% against the previous year. Over the period under review, average import prices reached the peak figure at $3,271 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,456 per ton), while the price for India ($801 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Kenya (FOB) - 2022

In 2022, the average export price for colouring matter; ultramarine and preparations based therea amounted to $3,020 per ton, remaining stable against the previous year. Over the period under review, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +8.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for colouring matter; ultramarine and preparations based therea decreased by +0.7% against 2020 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 89%. Over the period under review, the average export prices hit record highs at $3,500 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($3,364 per ton), while the average price for exports to Tanzania totaled $2,761 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+6.8%).

Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Kenya

Imports of colouring matter; ultramarine and preparations based therea into Kenya surged to 107 tons in 2022, growing by 831% on the year before. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of colouring matter; ultramarine and preparations based therea soared to $123K in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India25.131.03.377.345.5%
South Korea15.78.32.120.28.8%
Portugal9.42.22.46.8-10.2%
China1.513.90.63.633.9%
Others8.210.56.215.122.6%
Total59.965.814.612327.1%

Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Kenya in 2022:

  1. India (96.4 tons)
  2. South Korea (6.1 tons)
  3. Portugal (2.1 tons)
  4. China (1.1 tons)

Exports of Colouring Matter; Ultramarine and Preparations Based Thereon in Kenya

Exports of colouring matter; ultramarine and preparations based therea from Kenya reached 1.4 tons in 2022, almost unchanged from 2021. Overall, exports posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 549% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of colouring matter; ultramarine and preparations based therea totaled $4.1K in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 554%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

Export of Colouring Matter; Ultramarine and Preparations Based Thereon in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania0.30.52.12.191.3%
Rwanda0.10.21.92.0171.4%
OthersN/AN/AN/AN/A0%
Total0.40.64.14.1117.2%

Top Export Markets for Colouring Matter; Ultramarine and Preparations Based Thereon from Kenya in 2022:

  1. Tanzania (775.0 kg)
  2. Rwanda (582.0 kg)

Source: IndexBox Market Intelligence Platform

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