Kenya - Other Aromatic Monoamines and Their Derivatives, Salts Thereof - Market Analysis, Forecast, Size, Trends and Insights
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Aromatic Monoamines Market Size in Kenya
In 2021, the Kenyan aromatic monoamines market increased by 7.4% to $X, rising for the third consecutive year after two years of decline. Overall, consumption, however, recorded a pronounced contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.
Aromatic Monoamines Production in Kenya
In value terms, aromatic monoamines production reduced modestly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2019 when the production volume increased by 43%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.
Aromatic Monoamines Exports
Exports from Kenya
In 2021, shipments abroad of other aromatic monoamines and their derivatives, salts thereof increased by 46% to X tons, rising for the fourth year in a row after two years of decline. Over the period under review, exports posted resilient growth. The pace of growth was the most pronounced in 2018 when exports increased by 61%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.
In value terms, aromatic monoamines exports surged to $X in 2021. In general, exports posted a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Zimbabwe (X tons) was the main destination for aromatic monoamines exports from Kenya, with a 85% share of total exports. Moreover, aromatic monoamines exports to Zimbabwe exceeded the volume sent to the second major destination, Uganda (X kg), eightfold. Rwanda (X kg) ranked third in terms of total exports with a 2.4% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to Zimbabwe was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (-13.0% per year) and Rwanda (-30.0% per year).
In value terms, Zimbabwe ($X) emerged as the key foreign market for other aromatic monoamines and their derivatives, salts thereof exports from Kenya, comprising 75% of total exports. The second position in the ranking was taken by Namibia ($X), with a 17% share of total exports. It was followed by Uganda, with a 6.1% share.
From 2012 to 2021, the average annual growth rate of value to Zimbabwe was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Namibia (0.0% per year) and Uganda (-14.8% per year).
Export Prices by Country
The average aromatic monoamines export price stood at $X per ton in 2021, with an increase of 71% against the previous year. In general, the export price showed tangible growth. The most prominent rate of growth was recorded in 2017 an increase of 90%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.
Prices varied noticeably country of destination: the country with the highest price was Namibia ($X per ton), while the average price for exports to Uganda ($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 (-2.1%).
Aromatic Monoamines Imports
Imports into Kenya
Aromatic monoamines imports into Kenya surged to X tons in 2021, picking up by 248% against the year before. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, aromatic monoamines imports soared to $X in 2021. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 227%. Imports peaked in 2021 and are expected to retain growth in the immediate term.
Imports by Country
In 2021, China (X tons) constituted the largest aromatic monoamines supplier to Kenya, with a 75% share of total imports. Moreover, aromatic monoamines imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), threefold.
From 2012 to 2021, the average annual growth rate of volume from China totaled +48.1%.
In value terms, India ($X) constituted the largest supplier of other aromatic monoamines and their derivatives, salts thereof to Kenya, comprising 69% of total imports. The second position in the ranking was held by China ($X), with a 31% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from India totaled +33.2%.
Import Prices by Country
The average aromatic monoamines import price stood at $X per ton in 2021, dropping by -47% against the previous year. Over the period under review, the import price faced a abrupt curtailment. The pace of growth appeared the most rapid in 2015 an increase of 7.9%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was India ($X per ton), while the price for China totaled $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-11.0%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the aromatic monoamines market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20144159 - Other aromatic monoamines and their derivatives, salts thereof
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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