Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Kenya - 2022

Contents:

  1. Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Kenya (CIF) - 2022
  2. Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Kenya (FOB) - 2022
  3. Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Kenya
  4. Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Kenya

Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Kenya (CIF) - 2022

In 2022, the average import price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses amounted to $889 per ton, declining by -7.8% against the previous year. Overall, the import price showed a abrupt slump. The pace of growth appeared the most rapid in 2014 an increase of 3.6% against the previous year. As a result, import price attained the peak level of $1,573 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($8,333 per ton), while the price for India ($656 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+21.8%), while the prices for the other major suppliers experienced a decline.

Price for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Kenya (FOB) - 2022

The average export price for petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses stood at $1,039 per ton in 2022, dropping by -5.3% against the previous year. Over the period under review, the export price showed a abrupt slump. The growth pace was the most rapid in 2019 an increase of 8.5% against the previous year. Over the period under review, the average export prices reached the maximum at $1,740 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($1,086 per ton), while the average price for exports to Rwanda ($403 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 Tanzania (+1.2%), while the prices for the other major destinations experienced a decline.

Imports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Kenya

Imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses into Kenya was estimated at 1.8K tons in 2022, surging by 11% compared with the year before. Over the period under review, imports, however, recorded a noticeable decline.

In value terms, imports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses rose slightly to $1.6M in 2022. Overall, imports, however, faced a deep contraction.

Import of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India58357923880911.5%
China1,2041,1181,045721-15.7%
United Kingdom112181148N/A15.0%
Others34015612454.3-45.7%
Total2,2392,0331,5541,584-10.9%

Top Suppliers of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms to Kenya in 2022:

  1. India (1232.5 tons)
  2. China (528.4 tons)

Exports of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Kenya

For the fourth consecutive year, Kenya recorded growth in overseas shipments of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses, which increased by 125% to 187 tons in 2022. Over the period under review, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of petroleum resins, coumarone, indene or coumarone-indene resins and polyterpenes; in primary formses skyrocketed to $194K in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda57.769.987.415137.8%
Tanzania1.60.50.343.1199.8%
Rwanda8.10.50.30.5-60.5%
Others8.11.73.4N/A-35.2%
Total75.672.791.419436.9%

Top Export Markets for Petroleum Resins, Coumarone, Indene or Coumarone-Indene Resins and Polyterpenes; in Primary Forms from Kenya in 2022:

  1. Uganda (138.9 tons)
  2. Tanzania (47.0 tons)
  3. Rwanda (1.2 tons)

Source: IndexBox Market Intelligence Platform

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