Price for Hydroxide and Peroxide of Magnesium in Kenya - 2022

Contents:

  1. Price for Hydroxide and Peroxide of Magnesium in Kenya (CIF) - 2022
  2. Price for Hydroxide and Peroxide of Magnesium in Kenya (FOB) - 2022
  3. Imports of Hydroxide and Peroxide of Magnesium in Kenya
  4. Exports of Hydroxide and Peroxide of Magnesium in Kenya

Price for Hydroxide and Peroxide of Magnesium in Kenya (CIF) - 2022

In 2022, the average import price for hydroxide and peroxide of magnesia amounted to $2,752 per ton, with a decrease of -2.5% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 11% against the previous year. Over the period under review, average import prices attained the peak figure at $2,823 per ton in 2021, and then shrank slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($2,880 per ton), while the price for India totaled $1,810 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-0.3%).

Price for Hydroxide and Peroxide of Magnesium in Kenya (FOB) - 2022

The average export price for hydroxide and peroxide of magnesia stood at $1,552 per ton in 2022, rising by 27% against the previous year. Overall, the export price, however, showed a abrupt curtailment. The growth pace was the most rapid in 2020 when the average export price increased by 39%. Over the period under review, the average export prices hit record highs at $2,967 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($1,704 per ton), while the average price for exports to Rwanda totaled $1,283 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (-6.5%).

Imports of Hydroxide and Peroxide of Magnesium in Kenya

Hydroxide and peroxide of magnesium imports into Kenya declined to 149 kg in 2022, dropping by -5.7% compared with the previous year. Overall, imports faced a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of 13% against the previous year.

In value terms, hydroxide and peroxide of magnesium imports fell to $410 in 2022. In general, imports showed a precipitous descent. The pace of growth was the most pronounced in 2021 when imports increased by 19%.

Import of Hydroxide and Peroxide of Magnesium in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1,999327405378-42.6%
India40648.041.032.0-57.1%
OthersN/AN/AN/AN/A0%
Total2,405375446410-44.6%

Top Suppliers of Hydroxide and Peroxide of Magnesium to Kenya in 2022:

  1. United Kingdom (131.0 kg)
  2. India (18.0 kg)

Exports of Hydroxide and Peroxide of Magnesium in Kenya

In 2022, approx. 3.4 tons of hydroxide and peroxide of magnesia were exported from Kenya; increasing by 276% compared with 2021. In general, exports, however, showed a deep downturn.

In value terms, hydroxide and peroxide of magnesium exports skyrocketed to $5.3K in 2022. Over the period under review, exports posted a remarkable increase.

Export of Hydroxide and Peroxide of Magnesium in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda2.65.50.93.712.5%
Rwanda1.94.00.21.6-5.6%
OthersN/AN/AN/AN/A0%
Total4.59.51.15.35.6%

Top Export Markets for Hydroxide and Peroxide of Magnesium from Kenya in 2022:

  1. Uganda (2.2 tons)
  2. Rwanda (1.2 tons)

Source: IndexBox Market Intelligence Platform

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