Cerium Compounds Price in Kenya - 2021
Contents:
Cerium Compounds Price in Kenya (CIF) - 2022
The average cerium compounds import price stood at $12,091 per ton in 2022, picking up by 2.7% against the previous year. Overall, the import price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 44%. The import price peaked at $46,000 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($55,333 per ton), while the price for China ($5,296 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.3%), while the prices for the other major suppliers experienced a decline.
Cerium Compounds Imports in Kenya
In 2022, after two years of decline, there was significant growth in supplies from abroad of cerium compoundses, when their volume increased by 57% to 77 kg. Overall, imports, however, continue to indicate a abrupt slump.
In value terms, cerium compounds imports surged to $931 in 2022. Over the period under review, imports, however, showed a deep downturn.
| Import of Cerium Compounds in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 925 | 680 | 322 | 334 | -28.8% |
| Germany | 100 | 244 | 22.0 | 166 | 18.4% |
| China | 196 | 182 | 109 | 143 | -10.0% |
| South Africa | 78.0 | 73.0 | 44.0 | 59.0 | -8.9% |
| United Kingdom | 89.0 | 72.0 | 37.0 | 43.0 | -21.5% |
| Others | 43.0 | 30.0 | 43.0 | 186 | 62.9% |
| Total | 1,431 | 1,281 | 577 | 931 | -13.3% |
Top Suppliers of Cerium Compounds to Kenya in 2022:
- Italy (38.0 kg)
- China (27.0 kg)
- United Kingdom (3.0 kg)
- Germany (3.0 kg)
- South Africa (2.0 kg)
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