Sulphates; of Aluminium Price in Kenya - 2021

Contents:

  1. Sulphates; of Aluminium Price in Kenya (FOB) - 2022
  2. Sulphates; of Aluminium Price in Kenya (CIF) - 2022
  3. Sulphates; of Aluminium Exports in Kenya
  4. Sulphates; of Aluminium Imports in Kenya

Sulphates; of Aluminium Price in Kenya (FOB) - 2022

In 2022, the average sulphates; of aluminium export price amounted to $310 per ton, stabilizing at the previous year. Overall, the export price continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2014 an increase of 2.8% against the previous year. As a result, the export price reached the peak level of $390 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Rwanda ($391 per ton) and Tanzania ($351 per ton), while the average price for exports to Ethiopia ($285 per ton) and Democratic Republic of the Congo ($298 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+4.0%), while the prices for the other major destinations experienced a decline.

Sulphates; of Aluminium Price in Kenya (CIF) - 2022

The average sulphates; of aluminium import price stood at $275 per ton in 2022, falling by -5.4% against the previous year. In general, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2019 an increase of 34% against the previous year. Over the period under review, average import prices attained the peak figure at $550 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($1,113 per ton), while the price for Sweden ($211 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Sulphates; of Aluminium Exports in Kenya

In 2022, exports of sulphates; of aluminia from Kenya rose significantly to 8.8K tons, growing by 5.2% compared with 2021. The total export volume increased at an average annual rate of +5.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 24%. As a result, the exports reached the peak of 9.2K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, sulphates; of aluminium exports stood at $2.7M in 2022. The total export value increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 22% against the previous year. As a result, the exports reached the peak of $2.8M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Sulphates; of Aluminium in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda1,9292,1901,8322,0001.2%
South Sudan19937325427711.7%
Rwanda81.914842021437.7%
Tanzania8.711.216.5104128.7%
Ethiopia80.594.543.272.5-3.4%
Democratic Republic of the Congo9.48.947.150.975.6%
Others3.04.05.65.925.3%
Total2,3112,8312,6192,7255.6%

Top Export Markets for Sulphates; of Aluminium from Kenya in 2022:

  1. Uganda (6.6K tons)
  2. South Sudan (0.9K tons)
  3. Rwanda (0.5K tons)
  4. Ethiopia (0.3K tons)
  5. Tanzania (0.3K tons)
  6. Democratic Republic of the Congo (0.2K tons)

Sulphates; of Aluminium Imports in Kenya

In 2022, after two years of decline, there was significant growth in overseas purchases of sulphates; of aluminia, when their volume increased by 19% to 572 tons. Over the period under review, imports, however, recorded a deep slump.

In value terms, sulphates; of aluminium imports expanded remarkably to $157K in 2022. Overall, imports, however, faced a significant decrease.

Import of Sulphates; of Aluminium in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia59.757.336.169.45.1%
Romania16.715.69.517.82.1%
Sweden12.510.45.516.39.3%
Turkey33.215.96.311.1-30.6%
India27.824.91.79.7-29.6%
China31.20.23.18.1-36.2%
Israel19.413.15.87.8-26.2%
Germany19.115.85.86.7-29.5%
Slovenia32.4N/AN/AN/A0%
Finland15.8N/A5.6N/A-40.5%
Others43.821.360.310.3-38.3%
Total312174140157-20.5%

Top Suppliers of Sulphates; of Aluminium to Kenya in 2022:

  1. Indonesia (291.7 tons)
  2. Sweden (77.6 tons)
  3. Turkey (48.5 tons)
  4. India (45.9 tons)
  5. Romania (41.0 tons)
  6. China (23.0 tons)
  7. Israel (20.6 tons)
  8. Germany (15.5 tons)

Source: IndexBox Market Intelligence Platform

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