Kenya: Diethanolamine Market 2024

Diethanolamine Market Size in Kenya

For the ninth year in a row, the Kenyan diethanolamine market recorded decline in sales value, which decreased by -0.1% to $X in 2021. Overall, consumption showed a noticeable downturn. Diethanolamine consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Diethanolamine Production in Kenya

In value terms, diethanolamine production amounted to $X in 2021 estimated in export price. In general, production, however, saw a noticeable downturn. Diethanolamine production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Diethanolamine Exports

Exports from Kenya

In 2021, overseas shipments of diethanolamine and its salts increased by 74% to X tons, rising for the fourth consecutive year after five years of decline. In general, exports posted a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 674%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, diethanolamine exports surged to $X in 2021. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2018 with an increase of 595% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Tanzania (X tons) was the main destination for diethanolamine exports from Kenya, with a 86% share of total exports. Moreover, diethanolamine exports to Tanzania exceeded the volume sent to the second major destination, Uganda (X tons), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Tanzania amounted to +36.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (+3.5% per year) and Rwanda (-32.1% per year).

In value terms, Tanzania ($X) remains the key foreign market for diethanolamine and its salts exports from Kenya, comprising 82% of total exports. The second position in the ranking was taken by Uganda ($X), with an 18% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Tanzania stood at +33.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (+10.5% per year) and Rwanda (-15.5% per year).

Export Prices by Country

The average diethanolamine export price stood at $X per ton in 2021, growing by 18% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.7%. The growth pace was the most rapid in 2016 when the average export price increased by 24%. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($X per ton), while the average price for exports to Tanzania ($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 (+24.6%), while the prices for the other major destinations experienced mixed trend patterns.

Diethanolamine Imports

Imports into Kenya

In 2021, diethanolamine imports into Kenya fell dramatically to X tons, waning by -27.7% compared with 2020. In general, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 1,141%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, diethanolamine imports expanded sharply to $X in 2021. Over the period under review, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2020 with an increase of 589%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Malaysia (X tons) constituted the largest supplier of diethanolamine to Kenya, accounting for a 52% share of total imports. Moreover, diethanolamine imports from Malaysia exceeded the figures recorded by the second-largest supplier, Tanzania (X tons), fourfold. The third position in this ranking was taken by the United Arab Emirates (X tons), with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Malaysia stood at -17.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Tanzania (0.0% per year) and the United Arab Emirates (+28.1% per year).

In value terms, the largest diethanolamine suppliers to Kenya were Malaysia ($X), China ($X) and Tanzania ($X), with a combined 67% share of total imports. These countries were followed by South Africa, Italy and the United Arab Emirates, which together accounted for a further 19%.

The United Arab Emirates, with a CAGR of +23.7%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average diethanolamine import price amounted to $X per ton, with an increase of 57% against the previous year. In general, import price indicated notable growth from 2012 to 2021: its price increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, diethanolamine import price decreased by -13.0% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the average import price increased by 76%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (-2.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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