Chromium Trioxide Price in Kenya - 2021

Chromium Trioxide Price in Kenya (CIF) - 2022

The average chromium trioxide import price stood at $4,478 per ton in 2022, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The pace of growth was the most pronounced in 2016 when the average import price increased by 45%. Over the period under review, average import prices reached the peak figure at $4,534 per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($8,469 per ton), while the price for Turkey stood at $4,277 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.5%).

Chromium Trioxide Price in Kenya (FOB) - 2022

The average chromium trioxide export price stood at $1,352 per ton in 2022, increasing by 4.3% against the previous year. Overall, the export price, however, recorded a perceptible decline. The growth pace was the most rapid in 2020 an increase of 42% against the previous year. The export price peaked at $2,237 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($1,519 per ton), while the average price for exports to Rwanda amounted to $579 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+15.0%).

Chromium Trioxide Imports in Kenya

In 2022, after two years of decline, there was growth in purchases abroad of chromium trioxides, when their volume increased by 2.3% to 3.2 tons. Over the period under review, imports, however, recorded a perceptible descent.

In value terms, chromium trioxide imports totaled $14K in 2022. In general, imports, however, continue to indicate a slight decrease.

Import of Chromium Trioxide in Kenya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	13.7	13.6	12.9	13.0	-1.7%
China	0.6	0.6	0.8	0.9	14.5%
Others	0.6	0.4	0.7	0.6	0.0%
Total	14.9	14.6	14.3	14.5	-0.9%

Top Suppliers of Chromium Trioxide to Kenya in 2022:

Turkey (3.0 tons)
China (0.1 tons)

Chromium Trioxide Exports in Kenya

In 2022, after three years of growth, there was significant decline in overseas shipments of chromium trioxides, when their volume decreased by -44.7% to 2.6 tons. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 847%. As a result, the exports attained the peak of 4.7 tons, and then declined remarkably in the following year.

In value terms, chromium trioxide exports reduced dramatically to $3.5K in 2022. Over the period under review, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 553%. As a result, the exports reached the peak of $6.1K, and then plummeted in the following year.