Kenya: Citric Acid Market 2024

Citric Acid Market Size in Kenya

In 2021, the Kenyan citric acid market increased by 23% to $X, rising for the second year in a row after two years of decline. Overall, the total consumption indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +42.7% against 2019 indices. Citric acid consumption peaked in 2021 and is expected to retain growth in years to come.

Citric Acid Exports

Exports from Kenya

In 2021, approx. X tons of citric acid and its salts and esters were exported from Kenya; surging by 23% against the previous year. In general, exports, however, recorded a noticeable descent. The pace of growth was the most pronounced in 2015 when exports increased by 440% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, citric acid exports surged to $X in 2021. Overall, exports, however, recorded a pronounced reduction. The pace of growth was the most pronounced in 2015 when exports increased by 433% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Tanzania (X tons), Sudan (X tons) and Uganda (X tons) were the main destinations of citric acid exports from Kenya, with a combined 62% share of total exports. These countries were followed by Rwanda, South Sudan, Burundi and Democratic Republic of the Congo, which together accounted for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Democratic Republic of the Congo (with a CAGR of +116.5%), while the other leaders experienced more modest paces of growth.

In value terms, Tanzania ($X) emerged as the key foreign market for citric acid and its salts and esters exports from Kenya, comprising 45% of total exports. The second position in the ranking was held by Uganda ($X), with a 20% share of total exports. It was followed by Sudan, with an 8.3% share.

From 2012 to 2021, the average annual growth rate of value to Tanzania amounted to +23.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (-0.6% per year) and Sudan (+8.3% per year).

Export Prices by Country

In 2021, the average citric acid export price amounted to $X per ton, growing by 5.2% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average export price increased by 40%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while the average price for exports to Sudan ($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 Uganda (+6.4%), while the prices for the other major destinations experienced mixed trend patterns.

Citric Acid Imports

Imports into Kenya

In 2021, citric acid imports into Kenya dropped to X tons, waning by -8.1% compared with the previous year's figure. In general, total imports indicated a notable increase from 2012 to 2021: its volume increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +1.9% against 2019 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 32% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, citric acid imports soared to $X in 2021. Over the period under review, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.6% 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 +61.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of citric acid to Kenya, with a 81% share of total imports. Moreover, citric acid imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. The third position in this ranking was held by India (X tons), with a 3.1% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+18.7% per year) and India (+2.6% per year).

In value terms, China ($X) constituted the largest supplier of citric acid and its salts and esters to Kenya, comprising 65% of total imports. The second position in the ranking was taken by Germany ($X), with a 12% share of total imports. It was followed by India, with a 3.5% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+24.7% per year) and India (+4.3% per year).

Import Prices by Country

In 2021, the average citric acid import price amounted to $X per ton, picking up by 65% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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