Price for Aluminium; Powders and Flakes in Kenya - 2021
Contents:
- Price for Aluminium; Powders and Flakes in Kenya (CIF) - 2022
- Price for Aluminium; Powders and Flakes in Kenya (FOB) - 2022
- Imports of Aluminium; Powders and Flakes in Kenya
- Exports of Aluminium; Powders and Flakes in Kenya
Price for Aluminium; Powders and Flakes in Kenya (CIF) - 2022
The average aluminium; powders and flakes import price stood at $5,740 per ton in 2022, with an increase of 15% against the previous year. Overall, the import price, however, saw a slight decrease. The growth pace was the most rapid in 2016 when the average import price increased by 99%. The import price peaked at $12,192 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 the UK ($5,839 per ton), while the price for China amounted to $1,447 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-2.5%).
Price for Aluminium; Powders and Flakes in Kenya (FOB) - 2022
The average aluminium; powders and flakes export price stood at $3,900 per ton in 2022, standing approx. at the previous year. In general, the export price recorded a perceptible reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices attained the peak figure at $8,105 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($4,067 per ton), while the average price for exports to Rwanda ($1,000 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (-17.8%).
Imports of Aluminium; Powders and Flakes in Kenya
In 2022, purchases abroad of aluminium; powders and flakeses was finally on the rise to reach 473 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, aluminium; powders and flakes imports skyrocketed to $2.7M in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Aluminium; Powders and Flakes in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 11.2 | 14.0 | 7.1 | 2,701 | 522.4% |
China | 0.1 | 0.1 | 0.2 | 15.5 | 437.2% |
Germany | 19.9 | 6.8 | 2.1 | N/A | -67.5% |
Others | 0.4 | 0.2 | 0.1 | 0.7 | 20.5% |
Total | 31.6 | 21.1 | 9.5 | 2,717 | 341.4% |
Top Suppliers of Aluminium; Powders and Flakes to Kenya in 2022:
- United Kingdom (462.6 tons)
- China (10.7 tons)
Exports of Aluminium; Powders and Flakes in Kenya
In 2022, aluminium; powders and flakes exports from Kenya was estimated at 20 kg, remaining constant against the year before. Overall, exports enjoyed a measured expansion. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, aluminium; powders and flakes exports stood at $78 in 2022. Over the period under review, exports saw a significant decrease. The smallest decline of 99.9% was in 2021.
Export of Aluminium; Powders and Flakes in Kenya (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Malaysia | N/A | N/A | 61.0 | 0% | |
Nigeria | N/A | N/A | 16.0 | 0% | |
Rwanda | 154 | N/A | 1.0 | -91.9% | |
Others | N/A | N/A | N/A | 0% | |
Total | 154 | N/A | 78.0 | -28.8% |
Top Export Markets for Aluminium; Powders and Flakes from Kenya in 2022:
- Malaysia (15.0 kg)
- Nigeria (4.0 kg)
- Rwanda (1.0 kg)
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