Alkali Metals; Sodium Price in Kenya - 2022
Contents:
- Alkali Metals; Sodium Price in Kenya (CIF) - 2022
- Alkali Metals; Sodium Price in Kenya (FOB) - 2022
- Alkali Metals; Sodium Imports in Kenya
- Alkali Metals; Sodium Exports in Kenya
Alkali Metals; Sodium Price in Kenya (CIF) - 2022
In 2022, the average alkali metals; sodium import price amounted to $9,904 per ton, growing by 31% against the previous year. Over the period under review, the import price recorded a strong expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 252%. As a result, import price attained the peak level of $10,283 per ton. From 2021 to 2022, the average import prices remained 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 South Africa ($54,347 per ton), while the price for India ($4,245 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+33.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Alkali Metals; Sodium Price in Kenya (FOB) - 2022
The average alkali metals; sodium export price stood at $9,651 per ton in 2022, rising by 91% against the previous year. In general, the export price, however, recorded a perceptible decrease. The growth pace was the most rapid in 2020 an increase of 95%. The export price peaked at $21,713 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($49,412 per ton), while the average price for exports to Tanzania ($3,250 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 Uganda (-7.5%), while the prices for the other major destinations experienced a decline.
Alkali Metals; Sodium Imports in Kenya
In 2022, purchases abroad of alkali metals; sodia decreased by -23.4% to 95 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 283% against the previous year.
In value terms, alkali metals; sodium imports amounted to $940 in 2022. In general, imports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 1,264%. As a result, imports attained the peak of $941. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Alkali Metals; Sodium in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 27.0 | 563 | 495 | 574 | 177.0% |
| India | 33.0 | 174 | 248 | 287 | 105.6% |
| Turkey | N/A | N/A | 106 | N/A | 0% |
| Others | 9.0 | 204 | 90.0 | 79.0 | 106.3% |
| Total | 69.0 | 941 | 939 | 940 | 138.8% |
Top Suppliers of Alkali Metals; Sodium to Kenya in 2022:
- India (68.0 kg)
- United States (26.0 kg)
Alkali Metals; Sodium Exports in Kenya
After three years of growth, overseas shipments of alkali metals; sodia decreased by -34.8% to 3.8 tons in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 10,841%.
In value terms, alkali metals; sodium exports soared to $37K in 2022. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 21,354% against the previous year. As a result, the exports reached the peak of $44K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Alkali Metals; Sodium in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burundi | 0.1 | 32.0 | 0.5 | 21.5 | 499.1% |
| Uganda | 0.1 | 11.4 | 22.5 | 14.5 | 425.4% |
| Tanzania | N/A | 0.4 | 0.8 | 0.5 | 11.8% |
| Malawi | N/A | N/A | 5.2 | N/A | 0% |
| Others | N/A | 0.1 | 0.2 | 0.2 | 41.4% |
| Total | 0.2 | 44.0 | 29.4 | 36.7 | 468.3% |
Top Export Markets for Alkali Metals; Sodium from Kenya in 2022:
- Uganda (3184.0 kg)
- Burundi (435.0 kg)
- Tanzania (161.0 kg)
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