Salts; Sodium Dichromate Price in Kenya - 2021

Contents:

1. Salts; Sodium Dichromate Price in Kenya (CIF) - 2022
2. Salts; Sodium Dichromate Price in Kenya (FOB) - 2022
3. Salts; Sodium Dichromate Imports in Kenya
4. Salts; Sodium Dichromate Exports in Kenya

Salts; Sodium Dichromate Price in Kenya (CIF) - 2022

In 2022, the average salts; sodium dichromate import price amounted to $15,321 per ton, approximately mirroring the previous year. Over the period under review, the import price enjoyed a perceptible increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 53%. As a result, import price attained the peak level of $15,712 per ton. From 2020 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ireland ($18,083 per ton), while the price for China ($2,163 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Salts; Sodium Dichromate Price in Kenya (FOB) - 2022

The average salts; sodium dichromate export price stood at $4,742 per ton in 2022, therefore, remained relatively stable against the previous year. In general, export price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +10.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, salts; sodium dichromate export price increased by +8.7% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 142%. The export price peaked at $6,143 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($11,498 per ton), while the average price for exports to Burundi ($475 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 Democratic Republic of the Congo (+26.1%), while the prices for the other major destinations experienced more modest paces of growth.

Salts; Sodium Dichromate Imports in Kenya

In 2022, the amount of salts; sodium dichromate imported into Kenya shrank to 11 tons, with a decrease of -13.1% compared with the previous year's figure. Overall, imports faced a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by 36%.

In value terms, salts; sodium dichromate imports declined to $172K in 2022. In general, imports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year.

Top Suppliers of Salts; Sodium Dichromate to Kenya in 2022:

1. Ireland (6.7 tons)
2. United Kingdom (3.6 tons)
3. South Africa (0.6 tons)
4. China (0.3 tons)

Salts; Sodium Dichromate Exports in Kenya

In 2022, approx. 5.3 tons of salts; sodium dichromate were exported from Kenya; reducing by -42.3% on the previous year's figure. Over the period under review, exports showed a sharp decline. The pace of growth appeared the most rapid in 2021 when exports increased by 512%.

In value terms, salts; sodium dichromate exports reduced dramatically to $25K in 2022. Overall, exports faced a sharp decline. The pace of growth was the most pronounced in 2021 when exports increased by 567% against the previous year.

Top Export Markets for Salts; Sodium Dichromate from Kenya in 2022:

1. Burundi (1.8 tons)
2. Somalia (1.7 tons)
3. South Sudan (1.6 tons)
4. Democratic Republic of the Congo (0.2 tons)

Source: IndexBox Market Intelligence Platform