Kenya: Market for Synthetic Organic Tanning Substances 2024

Market Size for Synthetic Organic Tanning Substances in Kenya

The Kenyan synthetic organic tanning substances market contracted rapidly to $X in 2021, with a decrease of -15.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Exports of Synthetic Organic Tanning Substances

Exports from Kenya

In 2021, shipments abroad of synthetic organic tanning substances decreased by -39.2% to X tons, falling for the fourth consecutive year after two years of growth. In general, exports, however, saw a mild increase. The most prominent rate of growth was recorded in 2017 when exports increased by 551%. As a result, the exports attained the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, synthetic organic tanning substances exports reduced sharply to $X in 2021. Overall, exports showed a mild decrease. The most prominent rate of growth was recorded in 2017 when exports increased by 598% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Uganda (X tons) was the main destination for synthetic organic tanning substances exports from Kenya, accounting for a 77% share of total exports. Moreover, synthetic organic tanning substances exports to Uganda exceeded the volume sent to the second major destination, Rwanda (X tons), sevenfold. The third position in this ranking was taken by Malawi (X kg), with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Uganda stood at +14.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (-13.2% per year) and Malawi (+8.8% per year).

In value terms, Uganda ($X) remains the key foreign market for synthetic organic tanning substances exports from Kenya, comprising 67% of total exports. The second position in the ranking was taken by Rwanda ($X), with a 19% share of total exports. It was followed by Ethiopia, with a 6.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Uganda stood at +13.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (-8.0% per year) and Ethiopia (-5.8% per year).

Export Prices by Country

In 2021, the average synthetic organic tanning substances export price amounted to $X per ton, which is down by -3.2% against the previous year. In general, the export price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 30% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Ethiopia ($X per ton), while the average price for exports to Malawi ($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 Ethiopia (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Synthetic Organic Tanning Substances

Imports into Kenya

In 2021, the amount of synthetic organic tanning substances imported into Kenya shrank remarkably to X tons, dropping by -16.5% on 2020. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 114%. As a result, imports attained the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, synthetic organic tanning substances imports declined markedly to $X in 2021. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 128% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

India (X tons), the Netherlands (X tons) and Italy (X tons) were the main suppliers of synthetic organic tanning substances imports to Kenya, together comprising 56% of total imports. Spain, Singapore, Turkey, Uruguay, the UK and China lagged somewhat behind, together comprising a further 41%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +70.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest synthetic organic tanning substances suppliers to Kenya were India ($X), the Netherlands ($X) and Italy ($X), with a combined 46% share of total imports. These countries were followed by China, Spain, Singapore, Uruguay, the UK and Turkey, which together accounted for a further 36%.

Among the main suppliers, the UK, with a CAGR of +38.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average synthetic organic tanning substances import price stood at $X per ton in 2021, remaining stable against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average import price increased by 11% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+19.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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