Borates; Peroxoborates (Perborates) Price in Kenya - 2021

Contents:

  1. Borates; Peroxoborates (Perborates) Price in Kenya (CIF) - 2022
  2. Borates; Peroxoborates (Perborates) Price in Kenya (FOB) - 2022
  3. Borates; Peroxoborates (Perborates) Imports in Kenya
  4. Borates; Peroxoborates (Perborates) Exports in Kenya

Borates; Peroxoborates (Perborates) Price in Kenya (CIF) - 2022

In 2022, the average borates; peroxoborates (perborates) import price amounted to $850 per ton, waning by -3.3% against the previous year. In general, the import price continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 32% against the previous year. Over the period under review, average import prices reached the maximum at $1,031 per ton in 2014; however, from 2015 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 Germany ($25,904 per ton), while the price for Turkey ($665 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+45.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Borates; Peroxoborates (Perborates) Price in Kenya (FOB) - 2022

In 2022, the average borates; peroxoborates (perborates) export price amounted to $2,011 per ton, reducing by -7.8% against the previous year. In general, the export price, however, continues to indicate mild growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 35% against the previous year. As a result, the export price attained the peak level of $2,181 per ton, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ethiopia ($2,527 per ton), while the average price for exports to Nigeria ($1,253 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 Uganda (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Borates; Peroxoborates (Perborates) Imports in Kenya

Borates; peroxoborates (perborates) imports into Kenya skyrocketed to 426 tons in 2022, with an increase of 37% compared with the previous year. Overall, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 125% against the previous year. As a result, imports attained the peak of 533 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, borates; peroxoborates (perborates) imports soared to $362K in 2022. Over the period under review, imports posted resilient growth. The most prominent rate of growth was recorded in 2020 with an increase of 99% against the previous year. As a result, imports attained the peak of $450K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Borates; Peroxoborates (Perborates) in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey71.927011417233.7%
United States31.037.034.546.014.1%
Argentina24.230.425.135.613.7%
China33.744.613.034.60.9%
Slovenia17.026.020.126.916.5%
Canada6.28.27.110.519.2%
Austria14.68.86.89.0-14.9%
Others27.425.052.927.3-0.1%
Total22645027436217.0%

Top Suppliers of Borates; Peroxoborates (Perborates) to Kenya in 2022:

  1. Turkey (258.8 tons)
  2. Slovenia (39.5 tons)
  3. United States (35.7 tons)
  4. China (34.5 tons)
  5. Argentina (19.4 tons)
  6. Canada (11.1 tons)
  7. Austria (10.1 tons)

Borates; Peroxoborates (Perborates) Exports in Kenya

In 2022, the amount of borates; peroxoborates (perborates)s exported from Kenya dropped notably to 20 tons, which is down by -19.9% compared with the previous year. In general, exports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 56%.

In value terms, borates; peroxoborates (perborates) exports dropped sharply to $40K in 2022. Over the period under review, exports, however, enjoyed strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 110% against the previous year. As a result, the exports attained the peak of $55K, and then declined rapidly in the following year.

Export of Borates; Peroxoborates (Perborates) in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda17.17.24.916.4-1.4%
Ethiopia0.110.413.110.8376.2%
Nigeria3.12.59.56.528.0%
Rwanda5.83.710.94.9-5.5%
Mauritius4.42.25.31.5-30.1%
Tanzania1.90.20.60.4-40.5%
OthersN/AN/A10.5N/A0%
Total32.326.254.840.57.8%

Top Export Markets for Borates; Peroxoborates (Perborates) from Kenya in 2022:

  1. Uganda (8.0 tons)
  2. Nigeria (5.2 tons)
  3. Ethiopia (4.3 tons)
  4. Rwanda (2.2 tons)
  5. Tanzania (0.3 tons)
  6. Mauritius (0.2 tons)

Source: IndexBox Market Intelligence Platform

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