Price for Silicates; Commercial Alkali Metal Silicates in Kenya - 2021
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates in Kenya (FOB) - 2022
- Price for Silicates; Commercial Alkali Metal Silicates in Kenya (CIF) - 2022
- Exports of Silicates; Commercial Alkali Metal Silicates in Kenya
- Imports of Silicates; Commercial Alkali Metal Silicates in Kenya
Price for Silicates; Commercial Alkali Metal Silicates in Kenya (FOB) - 2022
The average export price for silicates; commercial alkali metal silicateses stood at $257 per ton in 2022, approximately reflecting the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average export price increased by 8.5% against the previous year. Over the period under review, the average export prices reached the peak figure at $298 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($385 per ton), while the average price for exports to Uganda ($212 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 Burundi (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Silicates; Commercial Alkali Metal Silicates in Kenya (CIF) - 2022
In 2022, the average import price for silicates; commercial alkali metal silicateses amounted to $615 per ton, falling by -8.6% against the previous year. Over the period under review, the import price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 40% against the previous year. As a result, import price reached the peak level of $1,042 per ton. From 2015 to 2022, the average 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 Spain ($1,443 per ton), while the price for Canada ($267 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+91.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Silicates; Commercial Alkali Metal Silicates in Kenya
In 2022, exports of silicates; commercial alkali metal silicateses from Kenya rose rapidly to 23K tons, surging by 9.2% on 2021 figures. The total export volume increased at an average annual rate of +6.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 32%. As a result, the exports attained the peak of 25K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, silicates; commercial alkali metal silicates exports expanded remarkably to $6M in 2022. The total export value increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 32% against the previous year. As a result, the exports reached the peak of $6.6M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Silicates; Commercial Alkali Metal Silicates in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 2,011 | 3,852 | 2,770 | 2,841 | 12.2% |
| Tanzania | 1,692 | 1,229 | 560 | 1,001 | -16.1% |
| Rwanda | 532 | 520 | 599 | 928 | 20.4% |
| Ethiopia | 222 | 304 | 480 | 479 | 29.2% |
| Burundi | 289 | 459 | 346 | 403 | 11.7% |
| Mozambique | 159 | 140 | 236 | 298 | 23.3% |
| Djibouti | N/A | N/A | 374 | N/A | 0% |
| Others | 76.7 | 80.6 | 98.0 | 73.1 | -1.6% |
| Total | 4,981 | 6,584 | 5,465 | 6,024 | 6.5% |
Top Export Markets for Silicates; Commercial Alkali Metal Silicates from Kenya in 2022:
- Uganda (13.4K tons)
- Tanzania (3.3K tons)
- Rwanda (2.4K tons)
- Ethiopia (1.9K tons)
- Burundi (1.2K tons)
- Mozambique (1.0K tons)
Imports of Silicates; Commercial Alkali Metal Silicates in Kenya
In 2022, imports of silicates; commercial alkali metal silicateses into Kenya soared to 3.7K tons, with an increase of 25% compared with the previous year. Overall, imports, however, showed a noticeable descent.
In value terms, silicates; commercial alkali metal silicates imports expanded remarkably to $2.2M in 2022. Over the period under review, imports, however, showed a noticeable slump.
| Import of Silicates; Commercial Alkali Metal Silicates in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,806 | 1,671 | 1,127 | 1,613 | -3.7% |
| India | 324 | 335 | 297 | 245 | -8.9% |
| Spain | 111 | 115 | 119 | 96.2 | -4.7% |
| Others | 238 | 406 | 422 | 292 | 7.1% |
| Total | 2,479 | 2,527 | 1,965 | 2,246 | -3.2% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates to Kenya in 2022:
- China (3090.4 tons)
- India (369.8 tons)
- Spain (66.7 tons)
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