Zinc Dust Price in Kenya - 2021

Contents:

1. Zinc Dust Price in Kenya (FOB) - 2022
2. Zinc Dust Price in Kenya (CIF) - 2022
3. Zinc Dust Exports in Kenya
4. Zinc Dust Imports in Kenya

Zinc Dust Price in Kenya (FOB) - 2022

The average zinc dust export price stood at $1,096 per ton in 2022, dropping by -25.6% against the previous year. In general, the export price continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2021 an increase of 40% against the previous year. The export price peaked at $1,796 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($2,441 per ton), while the average price for exports to Taiwan (Chinese) ($298 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 India (+5.6%), while the prices for the other major destinations experienced more modest paces of growth.

Zinc Dust Price in Kenya (CIF) - 2022

In 2022, the average zinc dust import price amounted to $714 per ton, which is down by -13.2% against the previous year. In general, the import price showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 when the average import price increased by 16%. Over the period under review, average import prices attained the peak figure at $1,013 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 India ($3,398 per ton), while the price for Nigeria ($303 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Zambia (+6.7%), while the prices for the other major suppliers experienced a decline.

Zinc Dust Exports in Kenya

In 2022, the amount of zinc dusts exported from Kenya skyrocketed to 476 tons, rising by 18% against the previous year's figure. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 199% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, zinc dust exports shrank to $521K in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 137%.

Top Export Markets for Zinc Dust from Kenya in 2022:

1. India (256.8 tons)
2. Taiwan (Chinese) (90.1 tons)
3. Turkey (74.1 tons)
4. United States (50.7 tons)

Zinc Dust Imports in Kenya

Zinc dust imports into Kenya totaled 791 tons in 2022, picking up by 12% on the previous year's figure. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, zinc dust imports shrank modestly to $564K in 2022. The total import value increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 6%. As a result, imports attained the peak of $581K, and then declined modestly in the following year.

Top Suppliers of Zinc Dust to Kenya in 2022:

1. Zambia (269.2 tons)
2. Nigeria (265.6 tons)
3. Uganda (226.9 tons)
4. India (13.3 tons)

Source: IndexBox Market Intelligence Platform