Kenya: Butan-1-Ol (N-Butyl Alcohol) Market 2024

Butan-1-Ol (N-Butyl Alcohol) Market Size in Kenya

For the fourth consecutive year, the Kenyan butan-1-ol (n-butyl alcohol) market recorded decline in sales value, which decreased by -0.9% to $X in 2022. Overall, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -13.9% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Butan-1-Ol (N-Butyl Alcohol) Exports

Exports from Kenya

In 2022, exports of butan-1-ol (n-butyl alcohol) from Kenya fell significantly to X tons, reducing by -32.7% on 2021 figures. Overall, exports, however, posted a notable increase. The pace of growth was the most pronounced in 2015 when exports increased by 243% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, butan-1-ol (n-butyl alcohol) exports contracted sharply to $X in 2022. Over the period under review, exports, however, saw modest growth. The pace of growth was the most pronounced in 2021 with an increase of 174%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

Tanzania (X tons), Uganda (X tons) and Burundi (X kg) were the main destinations of butan-1-ol (n-butyl alcohol) exports from Kenya, with a combined 99% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Tanzania (with a CAGR of +5.4%), while the other leaders experienced more modest paces of growth.

In value terms, Tanzania ($X), Uganda ($X) and Burundi ($X) were the largest markets for butan-1-ol (n-butyl alcohol) exported from Kenya worldwide, together comprising 96% of total exports.

Tanzania, with a CAGR of +4.3%, saw the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average butan-1-ol (n-butyl alcohol) export price stood at $X per ton in 2022, stabilizing at the previous year. Overall, the export price, however, saw a noticeable reduction. The growth pace was the most rapid in 2019 an increase of 26%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($X per ton), while the average price for exports to Tanzania ($X 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 (-1.1%).

Butan-1-Ol (N-Butyl Alcohol) Imports

Imports into Kenya

In 2022, purchases abroad of butan-1-ol (n-butyl alcohol) was finally on the rise to reach X tons after three years of decline. Over the period under review, total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -19.2% against 2018 indices. The pace of growth was the most pronounced in 2018 when imports increased by 65% against the previous year. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, butan-1-ol (n-butyl alcohol) imports dropped to $X in 2022. In general, total imports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +2.7% against 2020 indices. The pace of growth was the most pronounced in 2018 when imports increased by 92%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Saudi Arabia (X tons), the United Arab Emirates (X tons) and Russia (X tons) were the main suppliers of butan-1-ol (n-butyl alcohol) imports to Kenya, with a combined 69% share of total imports. Germany, Taiwan (Chinese), the United States, Singapore and South Africa lagged somewhat behind, together comprising a further 27%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +65.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Germany ($X) and the United Arab Emirates ($X) were the largest butan-1-ol (n-butyl alcohol) suppliers to Kenya, with a combined 65% share of total imports.

In terms of the main suppliers, Germany, with a CAGR of +49.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average butan-1-ol (n-butyl alcohol) import price amounted to $X per ton, dropping by -2.8% against the previous year. Overall, the import price showed a perceptible reduction. The growth pace was the most rapid in 2017 when the average import price increased by 21%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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