Kenya: Market for Acid And Mordant Dyes And Preparations Based Thereon 2024

Market Size for Acid And Mordant Dyes And Preparations Based Thereon in Kenya

In 2021, the Kenyan acid and mordant dye market increased by 20% to $X, rising for the second year in a row after two years of decline. In general, consumption recorded a buoyant expansion. As a result, consumption attained the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Exports of Acid And Mordant Dyes And Preparations Based Thereon

Exports from Kenya

In 2021, approx. X kg of acid and mordant dyes and preparations based thereon were exported from Kenya; waning by -94.2% against the year before. Over the period under review, exports showed a precipitous slump. The most prominent rate of growth was recorded in 2020 when exports increased by 469%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, acid and mordant dye exports shrank sharply to $X in 2021. In general, exports faced a dramatic downturn. The pace of growth was the most pronounced in 2020 when exports increased by 453% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Ethiopia (X kg) was the main destination for acid and mordant dye exports from Kenya, accounting for a 98% share of total exports. It was followed by Uganda (X kg), with a 2.3% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Ethiopia totaled -33.4%.

In value terms, Ethiopia ($X) remains the key foreign market for acid and mordant dyes and preparations based thereon exports from Kenya, comprising 94% of total exports. The second position in the ranking was held by Uganda ($X), with a 5.3% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Ethiopia amounted to -35.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (-41.9% per year) and Tanzania (-62.1% per year).

Export Prices by Country

The average acid and mordant dye export price stood at $X per ton in 2021, waning by -45.4% against the previous year. Over the period under review, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of 39%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: among the top suppliers, the country with the highest price was Uganda ($X per ton), while the average price for exports to Rwanda ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (-2.1%), while the prices for the other major destinations experienced a decline.

Imports of Acid And Mordant Dyes And Preparations Based Thereon

Imports into Kenya

In 2021, overseas purchases of acid and mordant dyes and preparations based thereon increased by 5.4% to X tons, rising for the second year in a row after two years of decline. Overall, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2013 when imports increased by 64%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, acid and mordant dye imports soared to $X in 2021. Over the period under review, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +6.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +39.6% against 2019 indices. The pace of growth was the most pronounced in 2014 when imports increased by 35% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of acid and mordant dye to Kenya, with a 30% share of total imports. Moreover, acid and mordant dye imports from India exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. China (X tons) ranked third in terms of total imports with a 7.6% share.

From 2012 to 2021, the average annual growth rate of volume from India totaled +9.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+6.7% per year) and China (+35.9% per year).

In value terms, India ($X) constituted the largest supplier of acid and mordant dyes and preparations based thereon to Kenya, comprising 23% of total imports. The second position in the ranking was taken by Italy ($X), with a 10% share of total imports. It was followed by Spain, with an 8.7% share.

From 2012 to 2021, the average annual growth rate of value from India stood at +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.7% per year) and Spain (+6.4% per year).

Import Prices by Country

The average acid and mordant dye import price stood at $X per ton in 2021, jumping by 19% against the previous year. In general, the import price, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2014 an increase of 42%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, among the top importers, the country with the highest price was the UK ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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