Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kenya - 2022
Contents:
- Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kenya (CIF) - 2022
- Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kenya
Price for Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kenya (CIF) - 2022
In 2022, the average import price for iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses amounted to $1,060 per ton, with an increase of 62% against the previous year. In general, the import price continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 409% against the previous year. The import price peaked at $12,761 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +4.6% per year.
Imports of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kenya
In 2022, approx. 200 kg of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses were imported into Kenya; declining by -87.6% against the previous year's figure. Overall, imports recorded a sharp decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 81%.
In value terms, imports of iron; alloy pig iron, spiegeleisen, in pigs, blocks or other primary formses dropped dramatically to $212 in 2022. Over the period under review, imports continue to indicate a precipitous decrease. The smallest decline of -8.5% was in 2021.
| Import of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 6.5 | 1.1 | 0.4 | 0.2 | -68.7% |
| China | 1.1 | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | 0.6 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.6 | 1.1 | 1.1 | 0.2 | -70.3% |
Top Suppliers of Iron; Alloy Pig Iron, Spiegeleisen, in Pigs, Blocks or Other Primary Forms to Kenya in 2022:
- India (200.0 kg)
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