Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Kenya - 2022
Contents:
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Kenya (CIF) - 2022
- Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Kenya (FOB) - 2022
- Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Kenya
- Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Kenya
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Kenya (CIF) - 2022
The average import price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $580 per ton in 2022, surging by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.6%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 22% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
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 the Czech Republic ($1,048 per ton), while the price for Romania ($411 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Kenya (FOB) - 2022
The average export price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $114 per ton in 2022, with a decrease of -21.5% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 77% against the previous year. The export price peaked at $317 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($90 per ton), while the average price for exports to Pakistan totaled $90 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+59.8%), while the prices for the other major destinations experienced a decline.
Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Kenya
In 2022, the amount of aluminium oxide (including artificial corundum); aluminium hydroxide imported into Kenya skyrocketed to 6.8K tons, rising by 24% against the previous year's figure. The total import volume increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide soared to $3.9M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +7.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 805 | 582 | 1,028 | 1,610 | 26.0% |
| Brazil | 611 | 914 | 533 | 951 | 15.9% |
| Romania | 310 | 158 | 88.5 | 692 | 30.7% |
| India | 1,093 | 954 | 846 | 453 | -25.4% |
| Germany | 47.7 | 64.7 | 108 | 121 | 36.4% |
| South Korea | 173 | N/A | N/A | N/A | 0% |
| Others | 151 | 98.7 | 110 | 116 | -8.4% |
| Total | 3,190 | 2,772 | 2,715 | 3,943 | 7.3% |
Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Kenya in 2022:
- China (2.2K tons)
- Brazil (2.1K tons)
- Romania (1.7K tons)
- India (0.6K tons)
- Germany (0.2K tons)
Exports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Kenya
In 2022, the amount of aluminium oxide (including artificial corundum); aluminium hydroxide exported from Kenya skyrocketed to 200 tons, picking up by 41% on the previous year's figure. Overall, exports, however, recorded a deep slump.
In value terms, exports of aluminium oxide (including artificial corundum); aluminium hydroxide rose sharply to $23K in 2022. Over the period under review, exports, however, recorded a significant decrease.
| Export of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 16.6 | 22.8 | 8.1 | 14.3 | -4.8% |
| Pakistan | 4.2 | 2.0 | 2.4 | 3.6 | -5.0% |
| Ethiopia | 26.3 | N/A | N/A | N/A | 0% |
| Others | 7.5 | 10.9 | 10.0 | 5.0 | -12.6% |
| Total | 54.6 | 35.7 | 20.6 | 22.8 | -25.3% |
Top Export Markets for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide from Kenya in 2022:
- India (158.3 tons)
- Pakistan (39.8 tons)
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