Kenya: Amylaceous Finishing Agents Market 2024

Amylaceous Finishing Agents Market Size in Kenya

The Kenyan amylaceous finishing agents market shrank slightly to $X in 2022, remaining relatively unchanged against the previous year. Over the period under review, consumption, however, posted a significant expansion. Amylaceous finishing agents consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Amylaceous Finishing Agents Production in Kenya

In value terms, amylaceous finishing agents production declined modestly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a significant increase. The growth pace was the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Amylaceous Finishing Agents Exports

Exports from Kenya

After three years of decline, shipments abroad of finishing agents with amylaceous basis increased by X% to X tons in 2022. Over the period under review, exports showed a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, amylaceous finishing agents exports skyrocketed to $X in 2022. Overall, exports continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sudan (X tons) was the main destination for amylaceous finishing agents exports from Kenya, with a X% share of total exports. Moreover, amylaceous finishing agents exports to Sudan exceeded the volume sent to the second major destination, Tanzania (X kg), fivefold. Burundi (X kg) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sudan totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (X% per year) and Burundi (X% per year).

In value terms, Sudan ($X), Burundi ($X) and Uganda ($X) constituted the largest markets for amylaceous finishing agents exported from Kenya worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, Burundi, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average amylaceous finishing agents export price stood at $X per ton in 2022, which is down by X% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 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 Burundi ($X per ton), while the average price for exports to Rwanda ($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 Burundi (X%), while the prices for the other major destinations experienced more modest paces of growth.

Amylaceous Finishing Agents Imports

Imports into Kenya

In 2022, supplies from abroad of finishing agents with amylaceous basis decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, saw prominent growth. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then declined dramatically in the following year.

In value terms, amylaceous finishing agents imports fell rapidly to $X in 2022. In general, imports, however, continue to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Israel (X tons) constituted the largest supplier of amylaceous finishing agents to Kenya, with a X% share of total imports. Moreover, amylaceous finishing agents imports from Israel exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. Italy (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Israel stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Italy (X% per year).

In value terms, Israel ($X) constituted the largest supplier of finishing agents with amylaceous basis to Kenya, comprising X% of total imports. The second position in the ranking was taken by India ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Israel amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Italy (X% per year).

Import Prices by Country

The average amylaceous finishing agents import price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price recorded a deep contraction. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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