Carbonates; Barium Carbonate Price in Kenya - 2022

Carbonates; Barium Carbonate Price in Kenya (CIF) - 2022

The average carbonates; barium carbonate import price stood at $826 per ton in 2022, dropping by -11.9% against the previous year. Overall, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the average import price increased by 48% against the previous year. Over the period under review, average import prices attained the maximum at $1,401 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 ($1,234 per ton), while the price for China ($765 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.9%).

Carbonates; Barium Carbonate Price in Kenya (FOB) - 2022

The average carbonates; barium carbonate export price stood at $743 per ton in 2022, which is down by -5.5% against the previous year. Overall, the export price showed a abrupt downturn. The pace of growth appeared the most rapid in 2017 an increase of 145% against the previous year. Over the period under review, the average export prices reached the maximum at $3,408 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($789 per ton), while the average price for exports to Rwanda stood at $63 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+1.7%), while the prices for the other major destinations experienced a decline.

Carbonates; Barium Carbonate Imports in Kenya

In 2022, the amount of carbonates; barium carbonates imported into Kenya contracted notably to 4.9 tons, falling by -39.8% compared with the previous year's figure. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 1,488%. As a result, imports attained the peak of 8.2 tons, and then dropped significantly in the following year.

In value terms, carbonates; barium carbonate imports dropped dramatically to $4.1K in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 1,540%. As a result, imports attained the peak of $7.7K, and then shrank remarkably in the following year.

Import of Carbonates; Barium Carbonate in Kenya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	0.5	0.4	4.8	2.3	66.3%
Hong Kong SAR	N/A	N/A	N/A	1.2	0%
India	N/A	N/A	2.8	0.6	-78.6%
Others	N/A	N/A	N/A	N/A	0%
Total	0.5	0.5	7.7	4.1	101.7%

Top Suppliers of Carbonates; Barium Carbonate to Kenya in 2022:

China (3.0 tons)
Hong Kong SAR (1.5 tons)
India (0.5 tons)

Carbonates; Barium Carbonate Exports in Kenya

In 2022, the amount of carbonates; barium carbonates exported from Kenya reduced to 253 kg, waning by -6.6% compared with the previous year's figure. In general, exports saw a precipitous setback. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year.

In value terms, carbonates; barium carbonate exports fell to $188 in 2022. Over the period under review, exports saw a sharp slump. The most prominent rate of growth was recorded in 2021 with an increase of 30%.