Report Update Nov 1, 2024

Kenya - Propylene Glycol (Propane-1,2-Diol) - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Propylene Glycol Market 2024

Propylene Glycol Market Size in Kenya

After two years of growth, the Kenyan propylene glycol market decreased by -28.1% to $X in 2022. In general, consumption, however, recorded a noticeable expansion. As a result, consumption reached the peak level of $X, and then fell rapidly in the following year.

Propylene Glycol Exports

Exports from Kenya

Propylene glycol exports from Kenya surged to X tons in 2022, picking up by 373% against 2021. Overall, exports, however, saw a abrupt contraction. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, propylene glycol exports skyrocketed to $X in 2022. In general, exports, however, recorded a abrupt shrinkage. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uganda (X tons), Rwanda (X tons) and Tanzania (X tons) were the main destinations of propylene glycol exports from Kenya, together comprising 98% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Rwanda (with a CAGR of +29.9%), while the other leaders experienced a decline.

In value terms, Uganda ($X), Rwanda ($X) and Tanzania ($X) appeared to be the largest markets for propylene glycol exported from Kenya worldwide, with a combined 97% share of total exports.

Among the main countries of destination, Rwanda, with a CAGR of +27.8%, saw 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 propylene glycol export price stood at $X per ton in 2022, falling by -7.3% against the previous year. In general, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 106%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($X per ton), while the average price for exports to Tanzania ($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 South Sudan (+0.9%), while the prices for the other major destinations experienced mixed trend patterns.

Propylene Glycol Imports

Imports into Kenya

In 2022, supplies from abroad of propylene glycol (propane-1,2-diol) decreased by -37.4% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, continue to indicate a mild increase. The pace of growth was the most pronounced in 2014 with an increase of 75% against the previous year. Imports peaked at X tons in 2021, and then dropped notably in the following year.

In value terms, propylene glycol imports declined sharply to $X in 2022. In general, imports, however, saw a pronounced increase. The growth pace was the most rapid in 2021 when imports increased by 96%. As a result, imports reached the peak of $X, and then dropped markedly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest propylene glycol supplier to Kenya, accounting for a 78% share of total imports. Moreover, propylene glycol imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. The Netherlands (X tons) ranked third in terms of total imports with a 3.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +4.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+6.0% per year) and the Netherlands (+8.8% per year).

In value terms, China ($X) constituted the largest supplier of propylene glycol (propane-1,2-diol) to Kenya, comprising 74% of total imports. The second position in the ranking was held by Germany ($X), with a 9.7% share of total imports. It was followed by the Netherlands, with a 3.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +6.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+11.0% per year) and the Netherlands (+11.0% per year).

Import Prices by Country

In 2022, the average propylene glycol import price amounted to $X per ton, rising by 21% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2021 an increase of 27%. The import price peaked in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for propylene glycol (propane-1,2-diol) in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 44% of global consumption. Japan, Brazil, Italy, Turkey, the UK, France, South Korea, Poland, Canada and Taiwan Chinese) lagged somewhat behind, together comprising a further 32%.

What are the largest producers of propylene glycol (propane-1,2-diol) in the world?

The countries with the highest volumes of in 2021 were China, the United States and Germany, together accounting for 48% of global production. India, Japan, Brazil, South Korea, Thailand, the UK, France, Turkey, Spain and Italy lagged somewhat behind, together accounting for a further 37%.

What are the leading suppliers of propylene glycol (propane-1,2-diol) to Kenya?

In value terms, China constituted the largest supplier of propylene glycol to Kenya, comprising 79% of total imports. The second position in the ranking was occupied by Germany, with a 13% share of total imports. It was followed by the Netherlands, with a 4% share.

What are the leading importers of propylene glycol (propane-1,2-diol) from Kenya?

In value terms, the largest markets for propylene glycol exported from Kenya were Uganda, South Sudan and Rwanda, with a combined 89% share of total exports.

What is the average export price for propylene glycol (propane-1,2-diol) in Kenya?

In 2021, the average propylene glycol export price amounted to $2,017 per ton, picking up by 5.9% against the previous year.

What is the average import price for propylene glycol (propane-1,2-diol) in Kenya?

The average propylene glycol import price stood at $1,314 per ton in 2021, increasing by 1.9% against the previous year.

This report provides an in-depth analysis of the propylene glycol 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 20142320 - Propylene glycol (propane-1,2-diol)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023