Chlorides; of Aluminium Price in Kenya - 2021

Contents:

1. Chlorides; of Aluminium Price in Kenya (CIF) - 2022
2. Chlorides; of Aluminium Price in Kenya (FOB) - 2022
3. Chlorides; of Aluminium Imports in Kenya
4. Chlorides; of Aluminium Exports in Kenya

Chlorides; of Aluminium Price in Kenya (CIF) - 2022

The average chlorides; of aluminium import price stood at $626 per ton in 2022, surging by 65% against the previous year. In general, the import price recorded slight growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,155 per ton), while the price for India ($592 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Chlorides; of Aluminium Price in Kenya (FOB) - 2022

In 2022, the average chlorides; of aluminium export price amounted to $1,353 per ton, surging by 25% against the previous year. Over the period under review, the export price, however, recorded a mild shrinkage. The growth pace was the most rapid in 2021 an increase of 32%. Over the period under review, the average export prices hit record highs at $1,646 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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 Rwanda ($1,624 per ton), while the average price for exports to South Sudan ($457 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 Rwanda (+0.3%), while the prices for the other major destinations experienced a decline.

Chlorides; of Aluminium Imports in Kenya

In 2022, purchases abroad of chlorides; of aluminia decreased by -50.9% to 473 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed a temperate expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 95% against the previous year.

In value terms, chlorides; of aluminium imports declined significantly to $296K in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 79% against the previous year.

Top Suppliers of Chlorides; of Aluminium to Kenya in 2022:

1. India (429.6 tons)
2. Germany (21.3 tons)
3. China (19.0 tons)

Chlorides; of Aluminium Exports in Kenya

In 2022, approx. 102 tons of chlorides; of aluminia were exported from Kenya; surging by 445% on the previous year's figure. Over the period under review, exports saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,334%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, chlorides; of aluminium exports skyrocketed to $138K in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,790%. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Chlorides; of Aluminium from Kenya in 2022:

1. Rwanda (77.4 tons)
2. South Sudan (22.6 tons)
3. Uganda (2.0 tons)

Source: IndexBox Market Intelligence Platform