Carbonates; Potassium Carbonate Price in Kenya - 2022
Contents:
- Carbonates; Potassium Carbonate Price in Kenya (CIF) - 2022
- Carbonates; Potassium Carbonate Price in Kenya (FOB) - 2022
- Carbonates; Potassium Carbonate Imports in Kenya
- Carbonates; Potassium Carbonate Exports in Kenya
Carbonates; Potassium Carbonate Price in Kenya (CIF) - 2022
The average carbonates; potassium carbonate import price stood at $1,116 per ton in 2022, surging by 2.4% against the previous year. In general, the import price, however, showed a pronounced decline. The pace of growth appeared the most rapid in 2013 an increase of 36%. Over the period under review, average import prices hit record highs at $2,097 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 ($7,547 per ton), while the price for China ($752 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+16.8%), while the prices for the other major suppliers experienced a decline.
Carbonates; Potassium Carbonate Price in Kenya (FOB) - 2022
The average carbonates; potassium carbonate export price stood at $635 per ton in 2022, growing by 38% against the previous year. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 157% against the previous year. As a result, the export price attained the peak level of $1,467 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Uganda.
From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +22.7% per year.
Carbonates; Potassium Carbonate Imports in Kenya
After three years of growth, overseas purchases of carbonates; potassium carbonates decreased by -7.8% to 29 tons in 2022. Overall, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 612% against the previous year.
In value terms, carbonates; potassium carbonate imports shrank to $32K in 2022. In general, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 499% against the previous year.
| Import of Carbonates; Potassium Carbonate in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.7 | 23.6 | 5.1 | 18.8 | 91.0% |
| Germany | 0.8 | 4.5 | 2.4 | 9.0 | 124.1% |
| India | 1.0 | 0.2 | 1.3 | 4.0 | 58.7% |
| Belgium | N/A | N/A | 2.4 | 0.1 | -95.8% |
| Others | 0.7 | 2.3 | 23.2 | 0.5 | -10.6% |
| Total | 5.1 | 30.5 | 34.3 | 32.4 | 85.2% |
Top Suppliers of Carbonates; Potassium Carbonate to Kenya in 2022:
- Belgium (undefined tons)
- China (25.1 tons)
- India (2.6 tons)
- Germany (1.2 tons)
Carbonates; Potassium Carbonate Exports in Kenya
After three years of growth, shipments abroad of carbonates; potassium carbonates decreased by -19.1% to 875 kg in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 510%.
In value terms, carbonates; potassium carbonate exports expanded notably to $556 in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,126% against the previous year. As a result, the exports attained the peak of $613. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Carbonates; Potassium Carbonate in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 50.0 | 192 | 498 | 556 | 123.2% |
| Democratic Republic of the Congo | N/A | 413 | N/A | N/A | 0% |
| Others | N/A | 8.0 | N/A | N/A | 0% |
| Total | 50.0 | 613 | 498 | 556 | 123.2% |
Top Export Markets for Carbonates; Potassium Carbonate from Kenya in 2022:
- Uganda (875.0 kg)
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