Phosphorus Price in Kenya - 2021
Contents:
- Phosphorus Price in Kenya (CIF) - 2022
- Phosphorus Price in Kenya (FOB) - 2022
- Phosphorus Imports in Kenya
- Phosphorus Exports in Kenya
Phosphorus Price in Kenya (CIF) - 2022
The average phosphorus import price stood at $15,904 per ton in 2022, growing by 288% against the previous year. Over the period under review, the import price, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 399% against the previous year. The import price peaked at $67,101 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -12.0% per year.
Phosphorus Price in Kenya (FOB) - 2022
The average phosphorus export price stood at $745 per ton in 2022, growing by 9.9% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average export price increased by 54%. Over the period under review, the average export prices attained the peak figure at $813 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Tanzania.
From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to -5.4% per year.
Phosphorus Imports in Kenya
Phosphorus imports into Kenya dropped notably to 6 kg in 2022, declining by -71.4% compared with 2021 figures. Over the period under review, imports showed a sharp reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 200%.
In value terms, phosphorus imports expanded to $88 in 2022. Overall, imports showed a sharp contraction.
| Import of Phosphorus in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 609 | 25.0 | 1.0 | 58.0 | -54.3% |
| United Kingdom | 167 | 62.0 | N/A | 30.0 | -43.6% |
| China | N/A | N/A | 85.0 | N/A | 0% |
| Others | N/A | 3.0 | N/A | N/A | 0% |
| Total | 776 | 90.0 | 86.0 | 88.0 | -51.6% |
Top Suppliers of Phosphorus to Kenya in 2022:
- India (5.0 kg)
Phosphorus Exports in Kenya
In 2022, shipments abroad of phosphori increased by 1.1% to 94 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a significant decline.
In value terms, phosphorus exports rose sharply to $70 in 2022. Overall, exports, however, faced a dramatic contraction.
| Export of Phosphorus in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 329 | 78.0 | 63.0 | 70.0 | -40.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 329 | 78.0 | 63.0 | 70.0 | -40.3% |
Top Export Markets for Phosphorus from Kenya in 2022:
- Tanzania (94.0 kg)
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