Price for Fertilizers; Mineral or Chemical, Nitrogenous in Kenya - 2021
Contents:
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Kenya (CIF) - 2022
- Price for Fertilizers; Mineral or Chemical, Nitrogenous in Kenya (FOB) - 2022
- Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Kenya
- Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Kenya
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Kenya (CIF) - 2022
In 2022, the average import price for fertilizers; mineral or chemical, nitrogenoi amounted to $248 per ton, dropping by -1.8% against the previous year. Over the period under review, the import price showed a mild downturn. The pace of growth was the most pronounced in 2018 when the average import price increased by 9.5%. Over the period under review, average import prices reached the peak figure at $298 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($417 per ton), while the price for Croatia ($150 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.3%), while the prices for the other major suppliers experienced a decline.
Price for Fertilizers; Mineral or Chemical, Nitrogenous in Kenya (FOB) - 2022
In 2022, the average export price for fertilizers; mineral or chemical, nitrogenoi amounted to $512 per ton, remaining relatively unchanged against the previous year. Over the period under review, the export price, however, continues to indicate a slight contraction. The pace of growth appeared the most rapid in 2020 an increase of 19% against the previous year. Over the period under review, the average export prices attained the peak figure at $634 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Rwanda ($603 per ton) and Tanzania ($597 per ton), while the average price for exports to Uganda ($477 per ton) and Burundi ($591 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+0.6%), while the prices for the other major destinations experienced a decline.
Imports of Fertilizers; Mineral or Chemical, Nitrogenous in Kenya
In 2022, after three years of growth, there was decline in overseas purchases of fertilizers; mineral or chemical, nitrogenoi, when their volume decreased by -2% to 341K tons. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.7% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 57%.
In value terms, fertilizers; mineral or chemical, nitrogenous imports shrank modestly to $85M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 49%.
| Import of Fertilizers; Mineral or Chemical, Nitrogenous in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Qatar | 9.1 | 13.9 | 14.6 | 17.0 | 23.2% |
| Saudi Arabia | 6.4 | 14.2 | 13.8 | 16.1 | 36.0% |
| Italy | 9.4 | 17.1 | 8.9 | 12.5 | 10.0% |
| Turkey | 6.7 | 9.2 | 24.5 | 9.3 | 11.5% |
| China | 3.4 | 5.1 | 4.6 | 5.4 | 16.7% |
| Ukraine | 4.2 | 4.8 | 4.1 | 4.8 | 4.6% |
| Norway | 2.4 | 2.1 | 2.8 | 3.3 | 11.2% |
| Croatia | 3.1 | 3.3 | 2.6 | 2.8 | -3.3% |
| Russia | 3.5 | 2.4 | 0.7 | 1.6 | -23.0% |
| Others | 6.5 | 9.1 | 11.2 | 11.7 | 21.6% |
| Total | 54.6 | 81.2 | 87.8 | 84.5 | 15.7% |
Top Suppliers of Fertilizers; Mineral or Chemical, Nitrogenous to Kenya in 2022:
- Italy (71.0K tons)
- Qatar (67.3K tons)
- Saudi Arabia (44.0K tons)
- Ukraine (29.2K tons)
- China (26.2K tons)
- Turkey (22.3K tons)
- Croatia (18.4K tons)
- Norway (17.9K tons)
- Russia (7.7K tons)
Exports of Fertilizers; Mineral or Chemical, Nitrogenous in Kenya
In 2022, the amount of fertilizers; mineral or chemical, nitrogenoi exported from Kenya shrank dramatically to 6.7K tons, with a decrease of -35.1% on 2021 figures. Over the period under review, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 236% against the previous year. As a result, the exports attained the peak of 10K tons, and then fell dramatically in the following year.
In value terms, fertilizers; mineral or chemical, nitrogenous exports fell markedly to $3.4M in 2022. Overall, exports, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 231%. As a result, the exports reached the peak of $5.3M, and then dropped remarkably in the following year.
| Export of Fertilizers; Mineral or Chemical, Nitrogenous in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 835 | 632 | 3,706 | 2,234 | 38.8% |
| Tanzania | 598 | 498 | 1,003 | 716 | 6.2% |
| Burundi | 427 | 241 | 310 | 245 | -16.9% |
| Rwanda | 427 | 170 | 171 | 193 | -23.3% |
| Others | 93.2 | 59.5 | 108 | 62.1 | -12.7% |
| Total | 2,380 | 1,600 | 5,299 | 3,449 | 13.2% |
Top Export Markets for Fertilizers; Mineral or Chemical, Nitrogenous from Kenya in 2022:
- Uganda (4.7K tons)
- Tanzania (1.2K tons)
- Burundi (0.4K tons)
- Rwanda (0.3K tons)
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