Complex Cyanides Price in Kenya - 2021

Contents:

  1. Complex Cyanides Price in Kenya (CIF) - 2022
  2. Complex Cyanides Price in Kenya (FOB) - 2022
  3. Complex Cyanides Imports in Kenya
  4. Complex Cyanides Exports in Kenya

Complex Cyanides Price in Kenya (CIF) - 2022

The average complex cyanides import price stood at $6,110 per ton in 2022, growing by 78% against the previous year. In general, the import price, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2015 an increase of 90% against the previous year. Over the period under review, average import prices reached the maximum at $15,341 per ton in 2013; however, from 2014 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 Germany ($49,865 per ton), while the price for India ($3,947 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.9%), while the prices for the other major suppliers experienced a decline.

Complex Cyanides Price in Kenya (FOB) - 2022

The average complex cyanides export price stood at $3,224 per ton in 2022, jumping by 17% against the previous year. Overall, the export price posted a prominent expansion. The pace of growth appeared the most rapid in 2018 when the average export price increased by 80% against the previous year. The export price peaked in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($117,858 per ton), while the average price for exports to Uganda amounted to $1,837 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+32.1%).

Complex Cyanides Imports in Kenya

In 2022, the amount of complex cyanideses imported into Kenya soared to 200 kg, jumping by 111% compared with the previous year's figure. Overall, imports, however, continue to indicate a abrupt downturn.

In value terms, complex cyanides imports skyrocketed to $1.2K in 2022. In general, imports enjoyed tangible growth.

Import of Complex Cyanides in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India9471,097225744-7.7%
Germany76.097151.044179.7%
Others83.049.050.037.0-23.6%
Total1,1062,1173261,2223.4%

Top Suppliers of Complex Cyanides to Kenya in 2022:

  1. India (189.0 kg)
  2. Germany (9.0 kg)

Complex Cyanides Exports in Kenya

In 2022, the amount of complex cyanideses exported from Kenya fell markedly to 8 kg, reducing by -42.9% compared with the previous year. Overall, exports faced a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 133%.

In value terms, complex cyanides exports reduced dramatically to $26 in 2022. In general, exports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 153% against the previous year. As a result, the exports attained the peak of $38, and then shrank rapidly in the following year.

Export of Complex Cyanides in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda25.09.023.015.0-15.7%
Rwanda13.05.015.011.0-5.4%
OthersN/A1.0N/AN/A0%
Total38.015.038.026.0-11.9%

Top Export Markets for Complex Cyanides from Kenya in 2022:

  1. Uganda (8.0 kg)

Source: IndexBox Market Intelligence Platform

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