Price for Ammonia; Anhydrous or in Aqueous Solution in Kenya - 2022

Contents:

  1. Price for Ammonia; Anhydrous or in Aqueous Solution in Kenya (CIF) - 2022
  2. Price for Ammonia; Anhydrous or in Aqueous Solution in Kenya (FOB) - 2022
  3. Imports of Ammonia; Anhydrous or in Aqueous Solution in Kenya
  4. Exports of Ammonia; Anhydrous or in Aqueous Solution in Kenya

Price for Ammonia; Anhydrous or in Aqueous Solution in Kenya (CIF) - 2022

The average import price for ammonia; anhydrous or in aqueous solutia stood at $413 per ton in 2022, picking up by 2% against the previous year. In general, the import price, however, saw a slight decline. The pace of growth appeared the most rapid in 2021 when the average import price increased by 26% against the previous year. The import price peaked at $509 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -1.8% per year.

Price for Ammonia; Anhydrous or in Aqueous Solution in Kenya (FOB) - 2022

The average export price for ammonia; anhydrous or in aqueous solutia stood at $2,238 per ton in 2022, with a decrease of -14.4% against the previous year. Over the period under review, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 49% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,615 per ton in 2021, and then declined in the following year.

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 Uganda ($3,271 per ton), while the average price for exports to Rwanda ($1,460 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 Ethiopia (+359.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ammonia; Anhydrous or in Aqueous Solution in Kenya

In 2022, purchases abroad of ammonia; anhydrous or in aqueous solutia was finally on the rise to reach 77K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a dramatic slump.

In value terms, imports of ammonia; anhydrous or in aqueous solutia soared to $32M in 2022. Overall, imports, however, saw a precipitous contraction.

Import of Ammonia; Anhydrous or in Aqueous Solution in Kenya (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia94.758.427.131.7-30.6%
Others0.20.20.20.20.0%
Total94.958.627.231.9-30.5%

Top Suppliers of Ammonia; Anhydrous or in Aqueous Solution to Kenya in 2022:

  1. Saudi Arabia (77.0K tons)

Exports of Ammonia; Anhydrous or in Aqueous Solution in Kenya

In 2022, exports of ammonia; anhydrous or in aqueous solutia from Kenya soared to 113 tons, increasing by 179% compared with the previous year's figure. Over the period under review, exports posted prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of ammonia; anhydrous or in aqueous solutia skyrocketed to $252K in 2022. In general, exports enjoyed a buoyant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Ammonia; Anhydrous or in Aqueous Solution in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania11214953.01264.0%
Uganda52.948.336.489.619.2%
Rwanda5.715.615.034.482.1%
Others3.30.61.12.4-10.1%
Total17421410625213.1%

Top Export Markets for Ammonia; Anhydrous or in Aqueous Solution from Kenya in 2022:

  1. Tanzania (59.9 tons)
  2. Uganda (27.4 tons)
  3. Rwanda (23.6 tons)

Source: IndexBox Market Intelligence Platform

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