Price for Vanadium Oxides and Hydroxides in Kenya - 2022
Contents:
- Price for Vanadium Oxides and Hydroxides in Kenya (CIF) - 2022
- Price for Vanadium Oxides and Hydroxides in Kenya (FOB) - 2022
- Imports of Vanadium Oxides and Hydroxides in Kenya
- Exports of Vanadium Oxides and Hydroxides in Kenya
Price for Vanadium Oxides and Hydroxides in Kenya (CIF) - 2022
The average vanadium oxides and hydroxides import price stood at $19,202 per ton in 2022, approximately reflecting the previous year. In general, the import price continues to indicate a abrupt decline. The pace of growth appeared the most rapid in 2013 an increase of 9%. As a result, import price reached the peak level of $45,413 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -7.5% per year.
Price for Vanadium Oxides and Hydroxides in Kenya (FOB) - 2022
In 2022, the average vanadium oxides and hydroxides export price amounted to $57,783 per ton, dropping by -2.4% against the previous year. Overall, the export price, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 58% against the previous year. Over the period under review, the average export prices hit record highs at $59,227 per ton in 2021, and then contracted slightly in the following year.
As there is only one major export destination, the average price level is determined by prices for Tanzania.
From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to +25.3% per year.
Imports of Vanadium Oxides and Hydroxides in Kenya
In 2022, after three years of growth, there was significant decline in supplies from abroad of vanadium oxides and hydroxideses, when their volume decreased by -24.3% to 168 kg. In general, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 95%. As a result, imports attained the peak of 222 kg, and then contracted rapidly in the following year.
In value terms, vanadium oxides and hydroxides imports fell sharply to $3.2K in 2022. Overall, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 99%. As a result, imports attained the peak of $4.3K, and then reduced notably in the following year.
| Import of Vanadium Oxides and Hydroxides in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.4 | 2.2 | 4.3 | 3.2 | 10.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.4 | 2.2 | 4.3 | 3.2 | 10.1% |
Top Suppliers of Vanadium Oxides and Hydroxides to Kenya in 2022:
- India (168.0 kg)
Exports of Vanadium Oxides and Hydroxides in Kenya
In 2022, after two years of decline, there was growth in shipments abroad of vanadium oxides and hydroxideses, when their volume increased by 4.5% to 46 kg. Over the period under review, exports, however, continue to indicate a perceptible slump.
In value terms, vanadium oxides and hydroxides exports expanded to $2.7K in 2022. Overall, exports, however, saw a mild descent.
| Export of Vanadium Oxides and Hydroxides in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 2.8 | 2.7 | 2.6 | 2.7 | -1.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.8 | 2.7 | 2.6 | 2.7 | -1.2% |
Top Export Markets for Vanadium Oxides and Hydroxides from Kenya in 2022:
- Tanzania (46.0 kg)
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