Chlorates; of Sodium Price in Kenya - 2021

Contents:

  1. Chlorates; of Sodium Price in Kenya (CIF) - 2022
  2. Chlorates; of Sodium Price in Kenya (FOB) - 2022
  3. Chlorates; of Sodium Imports in Kenya
  4. Chlorates; of Sodium Exports in Kenya

Chlorates; of Sodium Price in Kenya (CIF) - 2022

In 2022, the average chlorates; of sodium import price amounted to $1,245 per ton, dropping by -42.8% against the previous year. In general, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 88% against the previous year. As a result, import price reached the peak level of $4,071 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,404 per ton), while the price for China amounted to $1,243 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.8%), while the prices for the other major suppliers experienced a decline.

Chlorates; of Sodium Price in Kenya (FOB) - 2022

The average chlorates; of sodium export price stood at $558 per ton in 2022, remaining relatively unchanged against the previous year. In general, the export price saw a precipitous curtailment. The most prominent rate of growth was recorded in 2019 when the average export price increased by 17%. The export price peaked at $7,898 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Ethiopia ($635 per ton) and Somalia ($634 per ton), while the average price for exports to Rwanda ($459 per ton) and Tanzania ($582 per ton) were amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ethiopia (-8.8%), while the prices for the other major destinations experienced a decline.

Chlorates; of Sodium Imports in Kenya

In 2022, imports of chlorates; of sodia into Kenya dropped markedly to 6.9 tons, falling by -17.9% compared with the year before. In general, imports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 2,097%. As a result, imports attained the peak of 8.5 tons, and then fell rapidly in the following year.

In value terms, chlorates; of sodium imports plummeted to $8.6K in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 2,722%. As a result, imports attained the peak of $18K, and then dropped dramatically in the following year.

Import of Chlorates; of Sodium in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.10.63.18.698.5%
UgandaN/AN/A14.6N/A0%
Others0.2N/A0.70.1-20.6%
Total1.30.718.48.687.7%

Top Suppliers of Chlorates; of Sodium to Kenya in 2022:

  1. China (6.9 tons)

Chlorates; of Sodium Exports in Kenya

For the third consecutive year, Kenya recorded decline in shipments abroad of chlorates; of sodia, which decreased by 0% to 8 tons in 2022. In general, exports continue to indicate a sharp decrease. The smallest decline of -65.1% was in 2020.

In value terms, chlorates; of sodium exports stood at $4.5K in 2022. Overall, exports showed a precipitous contraction. The smallest decline of -76.6% was in 2020.

Export of Chlorates; of Sodium in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda12.92.1N/A1.8-48.1%
Tanzania4.02.5N/A1.4-29.5%
Somalia2.51.6N/A1.0-26.3%
Ethiopia9.92.2N/A0.1-78.4%
Burundi8.9N/AN/AN/A0%
Others0.20.6N/A0.314.5%
Total38.49.0N/A4.5-51.1%

Top Export Markets for Chlorates; of Sodium from Kenya in 2022:

  1. Rwanda (3.9 tons)
  2. Tanzania (2.3 tons)
  3. Somalia (1.5 tons)
  4. Ethiopia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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