Kenya: Market for Medicaments Of Alkaloids Or Derivatives Thereof 2022

Market Size for Medicaments Of Alkaloids Or Derivatives Thereof in Kenya

The Kenyan market for medicaments of alkaloids or derivatives thereof skyrocketed to $X in 2021, surging by X% against the previous year. Over the period under review, the total consumption indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2019 indices. Consumption of peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Production of Medicaments Of Alkaloids Or Derivatives Thereof in Kenya

In value terms, production of medicaments of alkaloids or derivatives thereof skyrocketed to $X in 2021 estimated in export price. In general, the total production indicated measured growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -X% against 2019 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Exports of Medicaments Of Alkaloids Or Derivatives Thereof

Exports from Kenya

After two years of growth, overseas shipments of medicaments of alkaloids or derivatives thereof decreased by -X% to X tons in 2021. Overall, total exports indicated slight growth from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -X% against 2017 indices. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of medicaments of alkaloids or derivatives thereof dropped to $X in 2021. Over the period under review, exports saw a slight setback. The smallest decline of -X% was in 2020. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Somalia (X tons), Nigeria (X tons) and Tanzania (X tons) were the main destinations of exports of medicaments of alkaloids or derivatives thereof from Kenya, together comprising X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Somalia (with a CAGR of +X%), while the other leaders experienced a decline.

In value terms, the largest markets for medicaments of alkaloids or derivatives thereof exported from Kenya were Tanzania ($X), Somalia ($X) and Nigeria ($X), together accounting for X% of total exports.

Among the main countries of destination, Somalia, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average export price for medicaments of alkaloids or derivatives thereof stood at $X per ton in 2021, increasing by X% against the previous year. Over the period under review, the export price, however, showed a perceptible shrinkage. The pace of growth was the most pronounced in 2018 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Tanzania ($X per ton), while the average price for exports to Somalia ($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 Tanzania (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Medicaments Of Alkaloids Or Derivatives Thereof

Imports into Kenya

In 2021, purchases abroad of medicaments of alkaloids or derivatives thereof increased by X% to X tons, rising for the fifth consecutive year after three years of decline. In general, imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. Over the period under review, imports of reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, imports of medicaments of alkaloids or derivatives thereof declined slightly to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

India (X tons), South Africa (X tons) and Bangladesh (X tons) were the main suppliers of imports of medicaments of alkaloids or derivatives thereof to Kenya, together accounting for X% of total imports. These countries were followed by the UK, Italy, China and France, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, India ($X) constituted the largest supplier of medicaments of alkaloids or derivatives thereof to Kenya, comprising X% of total imports. The second position in the ranking was taken by South Africa ($X), with a X% share of total imports. It was followed by Bangladesh, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from India totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (-X% per year) and Bangladesh (+X% per year).

Import Prices by Country

The average import price for medicaments of alkaloids or derivatives thereof stood at $X per ton in 2021, waning by -X% against the previous year. Over the period under review, the import price recorded a abrupt downturn. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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