Kenya - Toluene - Market Analysis, Forecast, Size, Trends And Insights
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View PricingToluene Price in Kenya - 2021
Contents:
- Toluene Price in Kenya (CIF) - 2022
- Toluene Price in Kenya (FOB) - 2022
- Toluene Imports in Kenya
- Toluene Exports in Kenya
Toluene Price in Kenya (CIF) - 2022
In 2022, the average toluene import price amounted to $906 per ton, reducing by -5% against the previous year. In general, the import price continues to indicate a perceptible shrinkage. The pace of growth was the most pronounced in 2018 when the average import price increased by 27%. The import price peaked at $1,471 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($985 per ton) and Germany ($971 per ton), while the price for South Korea ($836 per ton) and Taiwan (Chinese) ($856 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-0.1%), while the prices for the other major suppliers experienced a decline.
Toluene Price in Kenya (FOB) - 2022
In 2022, the average toluene export price amounted to $1,299 per ton, dropping by -3.5% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, toluene export price increased by +3.5% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 60%. As a result, the export price reached the peak level of $1,385 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($1,735 per ton), while the average price for exports to Tanzania ($804 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 Democratic Republic of the Congo (+4.5%), while the prices for the other major destinations experienced mixed trend patterns.
Toluene Imports in Kenya
In 2022, purchases abroad of toluene decreased by -3.1% to 3.6K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +11.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 35%.
In value terms, toluene imports reduced to $3.3M in 2022. The total import value increased at an average annual rate of +9.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. As a result, imports attained the peak of $3.5M, and then contracted in the following year.
| Import of Toluene in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 218 | 270 | 1,162 | 736 | 50.0% |
| South Korea | 238 | 411 | 486 | 700 | 43.3% |
| Spain | 61.4 | 60.9 | 565 | 690 | 124.0% |
| Thailand | 1,126 | 1,200 | 445 | 407 | -28.8% |
| Netherlands | 123 | 159 | 61.9 | 231 | 23.4% |
| India | 276 | 264 | 202 | 128 | -22.6% |
| Germany | 34.5 | 82.9 | 130 | 82.5 | 33.7% |
| Belgium | 34.0 | 72.3 | 129 | 79.7 | 32.8% |
| Singapore | 161 | 101 | 122 | 77.0 | -21.8% |
| Portugal | 103 | 149 | 103 | 76.9 | -9.3% |
| Iran | 75.1 | 83.0 | 44.0 | 25.3 | -30.4% |
| Others | 61.5 | 120 | 90.1 | 24.0 | -26.9% |
| Total | 2,512 | 2,975 | 3,541 | 3,258 | 9.1% |
Top Suppliers of Toluene to Kenya in 2022:
- Taiwan (Chinese) (859.9 tons)
- South Korea (838.4 tons)
- Spain (714.9 tons)
- Thailand (430.8 tons)
- Netherlands (234.5 tons)
- India (134.3 tons)
- Singapore (85.6 tons)
- Germany (84.9 tons)
- Belgium (84.5 tons)
- Portugal (84.1 tons)
- Iran (25.2 tons)
Toluene Exports in Kenya
In 2022, toluene exports from Kenya totaled 177 tons, growing by 4.5% on the previous year's figure. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 582%. As a result, the exports reached the peak of 184 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, toluene exports reached $229K in 2022. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 568% against the previous year. As a result, the exports reached the peak of $231K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Toluene in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 1.9 | 76.6 | 108 | 119 | 297.1% |
| Democratic Republic of the Congo | 2.1 | 102 | 90.2 | 83.3 | 241.0% |
| Tanzania | 2.9 | 5.1 | 13.2 | 12.2 | 61.4% |
| Uganda | 5.5 | 1.7 | 12.3 | 11.3 | 27.1% |
| Others | 22.2 | 46.3 | 3.5 | 3.3 | -47.0% |
| Total | 34.6 | 231 | 227 | 229 | 87.8% |
Top Export Markets for Toluene from Kenya in 2022:
- Democratic Republic of the Congo (79.6 tons)
- Rwanda (68.7 tons)
- Tanzania (15.1 tons)
- Uganda (11.7 tons)
This report provides an in-depth analysis of the toluene market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20141225 - Toluene
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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