Sulphates; of Copper Price in Kenya - 2021
Contents:
- Sulphates; of Copper Price in Kenya (CIF) - 2022
- Sulphates; of Copper Price in Kenya (FOB) - 2022
- Sulphates; of Copper Imports in Kenya
- Sulphates; of Copper Exports in Kenya
Sulphates; of Copper Price in Kenya (CIF) - 2022
The average sulphates; of copper import price stood at $2,105 per ton in 2022, falling by -14.2% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 63%. As a result, import price attained the peak level of $2,453 per ton, and then fell in the following year.
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 China ($2,293 per ton), while the price for Taiwan (Chinese) ($1,306 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphates; of Copper Price in Kenya (FOB) - 2022
The average sulphates; of copper export price stood at $3,033 per ton in 2022, picking up by 4.9% against the previous year. Over the period under review, the export price, however, saw a pronounced contraction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 13% against the previous year. As a result, the export price attained the peak level of $5,594 per ton. From 2017 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($5,307 per ton), while the average price for exports to Democratic Republic of the Congo ($340 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 Rwanda (+15.1%), while the prices for the other major destinations experienced mixed trend patterns.
Sulphates; of Copper Imports in Kenya
In 2022, after three years of growth, there was significant decline in purchases abroad of sulphates; of coppers, when their volume decreased by -9.7% to 279 tons. The total import volume increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 11%. As a result, imports attained the peak of 309 tons, and then dropped in the following year.
In value terms, sulphates; of copper imports fell significantly to $587K in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +7.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +40.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 82% against the previous year. As a result, imports attained the peak of $757K, and then contracted remarkably in the following year.
| Import of Sulphates; of Copper in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 138 | 179 | 195 | 131 | -1.7% |
| Russia | 110 | 23.4 | 116 | 88.4 | -7.0% |
| India | 19.5 | 16.4 | 96.6 | 74.3 | 56.2% |
| Uzbekistan | 34.4 | 57.4 | 91.5 | 69.7 | 26.5% |
| China | 92.0 | 42.6 | 103 | 62.4 | -12.1% |
| Turkey | 15.7 | 18.0 | 31.1 | 23.9 | 15.0% |
| Italy | 8.3 | 14.7 | 21.7 | 19.7 | 33.4% |
| Chile | 15.4 | 11.8 | 14.6 | 11.1 | -10.3% |
| United Kingdom | 9.6 | 10.1 | 15.6 | 8.3 | -4.7% |
| Others | 27.4 | 43.0 | 71.5 | 98.1 | 53.0% |
| Total | 471 | 417 | 757 | 587 | 7.6% |
Top Suppliers of Sulphates; of Copper to Kenya in 2022:
- Taiwan (Chinese) (100.1 tons)
- Russia (44.7 tons)
- India (35.8 tons)
- Uzbekistan (30.4 tons)
- China (27.2 tons)
- Turkey (12.0 tons)
- Italy (9.1 tons)
- Chile (5.6 tons)
- United Kingdom (3.2 tons)
Sulphates; of Copper Exports in Kenya
In 2022, the amount of sulphates; of coppers exported from Kenya reduced rapidly to 2.1 tons, with a decrease of -32.6% on 2021. In general, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 165% against the previous year. As a result, the exports attained the peak of 3.2 tons, and then shrank notably in the following year.
In value terms, sulphates; of copper exports contracted remarkably to $6.5K in 2022. Overall, exports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 142%.
| Export of Sulphates; of Copper in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 5.7 | 3.0 | 3.4 | 3.9 | -11.9% |
| Ethiopia | 1.3 | 0.1 | 2.6 | 1.1 | -5.4% |
| Uganda | 0.3 | 0.6 | 2.4 | 1.0 | 49.4% |
| Rwanda | 0.2 | N/A | 0.6 | 0.4 | 26.0% |
| Democratic Republic of the Congo | 0.3 | N/A | 0.1 | 0.1 | -30.7% |
| Netherlands | 1.5 | N/A | N/A | N/A | 0% |
| Others | 0.2 | N/A | 0.2 | 0.1 | -20.6% |
| Total | 9.6 | 3.8 | 9.1 | 6.5 | -12.2% |
Top Export Markets for Sulphates; of Copper from Kenya in 2022:
- Tanzania (1198.0 kg)
- Ethiopia (341.0 kg)
- Democratic Republic of the Congo (270.0 kg)
- Uganda (248.0 kg)
- Rwanda (71.0 kg)
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