Price for Mineral Substances Not Elsewhere Specified or Included in Kenya - 2022
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Kenya (FOB) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Kenya (CIF) - 2022
- Exports of Mineral Substances Not Elsewhere Specified or Included in Kenya
- Imports of Mineral Substances Not Elsewhere Specified or Included in Kenya
Price for Mineral Substances Not Elsewhere Specified or Included in Kenya (FOB) - 2022
The average export price for mineral substances not elsewhere specified or includeds stood at $185 per ton in 2022, growing by 30% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average export price increased by 50%. The export price peaked at $373 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($298 per ton), while the average price for exports to India ($78 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Africa (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Mineral Substances Not Elsewhere Specified or Included in Kenya (CIF) - 2022
In 2022, the average import price for mineral substances not elsewhere specified or includeds amounted to $308 per ton, increasing by 29% against the previous year. In general, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2013 an increase of 59% against the previous year. The import price peaked at $474 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($347 per ton), while the price for Uganda amounted to $301 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+25.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Mineral Substances Not Elsewhere Specified or Included in Kenya
In 2022, approx. 28K tons of mineral substances not elsewhere specified or includeds were exported from Kenya; growing by 4.6% against 2021. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 128% against the previous year. As a result, the exports attained the peak of 29K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of mineral substances not elsewhere specified or includeds surged to $5.2M in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 83%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Mineral Substances Not Elsewhere Specified or Included in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 2,979 | 0% |
| India | 327 | 1,142 | 73.3 | 850 | 37.5% |
| Tanzania | 158 | 251 | 721 | 521 | 48.8% |
| South Africa | 393 | 636 | 744 | 385 | -0.7% |
| Yemen | 431 | 510 | 490 | 241 | -17.6% |
| Saudi Arabia | 139 | 280 | 184 | 207 | 14.2% |
| Uganda | 73.3 | 81.0 | 57.2 | N/A | -11.7% |
| Djibouti | 57.3 | 143 | 437 | N/A | 176.2% |
| Others | 315 | 417 | 1,113 | 24.2 | -57.5% |
| Total | 1,894 | 3,459 | 3,820 | 5,207 | 40.1% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Kenya in 2022:
- India (10.8K tons)
- United States (10.0K tons)
- South Africa (2.0K tons)
- Tanzania (1.9K tons)
- Saudi Arabia (1.7K tons)
- Yemen (1.6K tons)
Imports of Mineral Substances Not Elsewhere Specified or Included in Kenya
In 2022, purchases abroad of mineral substances not elsewhere specified or includeds decreased by -79.3% to 470 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2021 when imports increased by 798%. As a result, imports reached the peak of 2.3K tons, and then fell dramatically in the following year.
In value terms, imports of mineral substances not elsewhere specified or includeds dropped remarkably to $145K in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 635%. As a result, imports reached the peak of $541K, and then fell remarkably in the following year.
| Import of Mineral Substances Not Elsewhere Specified or Included in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 2.5 | 6.8 | 111 | 132 | 275.2% |
| Germany | N/A | N/A | 0.1 | 9.0 | 8900.0% |
| Russia | N/A | N/A | 186 | N/A | 0% |
| China | 25.6 | 20.9 | 1.4 | N/A | -76.6% |
| Malaysia | N/A | 18.3 | N/A | N/A | 0% |
| Tanzania | 5.4 | 10.5 | 125 | N/A | 381.1% |
| Others | 16.9 | 17.2 | 118 | 3.2 | -42.6% |
| Total | 50.4 | 73.7 | 541 | 145 | 42.2% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Kenya in 2022:
- Uganda (440.1 tons)
- Germany (26.0 tons)
250
This report provides an in-depth analysis of the market for plastic shutters and blinds in Kenya.
55
This report provides an in-depth analysis of the market for lithium oxide and hydroxide, vanadium oxides and hydroxides, nickel oxides and hydroxides, germanium oxides and zirconium dioxide in Kenya.
645
This report provides an in-depth analysis of the global market for plastic shutters and blinds.
90
This report provides an in-depth analysis of the global market for lithium oxide and hydroxide, vanadium oxides and hydroxides, nickel oxides and hydroxides, germanium oxides and zirconium dioxide.
229
Explore the top import markets for plastic shutters and blinds worldwide, including key statistics and data from the IndexBox market intelligence platform.
273
Explore the world's top import markets for Lithium Oxide And Hydroxide, Vanadium Oxides And Hydroxides, Nickel Oxides And Hydroxides, Germanium Oxides And Zirconium Dioxide. Discover key statistics and data from the IndexBox market intelligence platform.
