Price for Titanium; Articles Thereof, Including Waste and Scrap in Kenya - 2023
Contents:
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Kenya (CIF) - 2022
- Price for Titanium; Articles Thereof, Including Waste and Scrap in Kenya (FOB) - 2022
- Imports of Titanium; Articles Thereof, Including Waste and Scrap in Kenya
- Exports of Titanium; Articles Thereof, Including Waste and Scrap in Kenya
Price for Titanium; Articles Thereof, Including Waste and Scrap in Kenya (CIF) - 2022
The average import price for titanium; articles thereof, including waste and scrap stood at $13,716 per ton in 2022, declining by -76% against the previous year. In general, the import price recorded a precipitous setback. The most prominent rate of growth was recorded in 2019 an increase of 433% against the previous year. As a result, import price attained the peak level of $496,086 per ton. From 2020 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 the United States ($223,618 per ton), while the price for Israel ($6,354 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+22.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Titanium; Articles Thereof, Including Waste and Scrap in Kenya (FOB) - 2022
In 2022, the average export price for titanium; articles thereof, including waste and scrap amounted to $3,208 per ton, dropping by -12.6% against the previous year. In general, the export price recorded a sharp slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 59%. Over the period under review, the average export prices attained the peak figure at $25,400 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Rwanda.
From 2015 to 2022, the rate of growth in terms of prices for Rwanda amounted to -25.7% per year.
Imports of Titanium; Articles Thereof, Including Waste and Scrap in Kenya
Imports of titanium; articles thereof, including waste and scrap into Kenya surged to 13 tons in 2022, picking up by 193% compared with the year before. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 1,493% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of titanium; articles thereof, including waste and scrap fell rapidly to $177K in 2022. Over the period under review, imports continue to indicate a tangible expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 439%. As a result, imports reached the peak of $251K, and then reduced remarkably in the following year.
| Import of Titanium; Articles Thereof, Including Waste and Scrap in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | N/A | N/A | N/A | 72.0 | 0% |
| United States | 77.7 | 13.0 | 6.4 | 32.2 | -25.4% |
| Italy | 6.4 | 9.4 | 31.3 | 26.7 | 61.0% |
| Brazil | N/A | N/A | N/A | 23.4 | 0% |
| India | N/A | 0.3 | 191 | 0.5 | 29.1% |
| Others | 78.2 | 23.9 | 22.4 | 21.8 | -34.7% |
| Total | 162 | 46.6 | 251 | 177 | 3.0% |
Top Suppliers of Titanium; Articles Thereof, Including Waste and Scrap to Kenya in 2022:
- Israel (11.3 tons)
- Italy (0.9 tons)
- Brazil (0.3 tons)
- United States (0.1 tons)
Exports of Titanium; Articles Thereof, Including Waste and Scrap in Kenya
In 2022, approx. 1.8 tons of titanium; articles thereof, including waste and scrap were exported from Kenya; with an increase of 495% compared with the previous year's figure. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of titanium; articles thereof, including waste and scrap soared to $5.9K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Titanium; Articles Thereof, Including Waste and Scrap in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 0.1 | 0.3 | 1.1 | 5.9 | 289.3% |
| Singapore | 1.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.4 | 0.3 | 1.1 | 5.9 | 61.5% |
Top Export Markets for Titanium; Articles Thereof, Including Waste and Scrap from Kenya in 2022:
- Rwanda (1.8 tons)
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