Gold Compounds Price in Kenya - 2022
Contents:
Gold Compounds Price in Kenya (CIF) - 2022
The average gold compounds import price stood at $5,529,750 per ton in 2022, falling by -10.8% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 647% against the previous year. Over the period under review, average import prices reached the maximum at $6,196,400 per ton in 2021, and then reduced in the following year.
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 Italy ($10,366,000 per ton), while the price for Germany ($234,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+70.1%), while the prices for the other major suppliers experienced a decline.
Gold Compounds Imports in Kenya
Gold compounds imports into Kenya dropped remarkably to 4 kg in 2022, falling by -20% on the previous year. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 25%.
In value terms, gold compounds imports dropped rapidly to $22K in 2022. In general, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 134%.
| Import of Gold Compounds in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.1 | 6.6 | 13.7 | 10.4 | 70.5% |
| Austria | 0.6 | 0.4 | 3.4 | 1.2 | 26.0% |
| Germany | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Australia | N/A | 0.1 | N/A | N/A | 0% |
| Others | 2.8 | 6.0 | 13.8 | 10.4 | 54.9% |
| Total | 5.7 | 13.3 | 31.0 | 22.1 | 57.1% |
Top Suppliers of Gold Compounds to Kenya in 2022:
- Germany (1.0 kg)
- Austria (1.0 kg)
- Italy (1.0 kg)
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