Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Kenya - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Kenya (CIF) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Kenya (FOB) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Kenya
- Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Kenya
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Kenya (CIF) - 2022
The average import price for borates; disodium tetraborate (refined borax), anhydroi stood at $1,059 per ton in 2022, declining by -12.6% against the previous year. Over the period under review, the import price, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 an increase of 420%. As a result, import price reached the peak level of $5,485 per ton. From 2018 to 2022, the average import prices failed to regain momentum.
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 South Africa amounted to +14.9% per year.
Price for Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Kenya (FOB) - 2022
In 2022, the average export price for borates; disodium tetraborate (refined borax), anhydroi amounted to $2,464 per ton, flattening at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 7.7%. The export price peaked at $2,520 per ton in 2016; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mauritius ($16,376 per ton), while the average price for exports to Rwanda ($524 per ton) was amongst the lowest.
From 2016 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+10.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Kenya
Imports of borates; disodium tetraborate (refined borax), anhydroi into Kenya dropped remarkably to 1.1 tons in 2022, waning by -74.5% compared with the previous year. Over the period under review, imports faced a sharp setback. The pace of growth appeared the most rapid in 2021 when imports increased by 55%.
In value terms, imports of borates; disodium tetraborate (refined borax), anhydroi contracted dramatically to $1.1K in 2022. In general, imports faced a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 90% against the previous year.
Import of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 2.3 | 2.5 | 4.9 | 1.1 | -21.8% |
South Africa | 0.2 | 0.2 | 0.2 | N/A | 0.0% |
China | 3.5 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | 0.1 | N/A | 0% |
Total | 6.0 | 2.7 | 5.2 | 1.1 | -43.2% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Anhydrous to Kenya in 2022:
- India (1.1 tons)
Exports of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Kenya
In 2022, the amount of borates; disodium tetraborate (refined borax), anhydroi exported from Kenya shrank sharply to 9.6 tons, which is down by -50% compared with 2021. Over the period under review, exports continue to indicate a sharp reduction.
In value terms, exports of borates; disodium tetraborate (refined borax), anhydroi plummeted to $24K in 2022. Overall, exports recorded a significant contraction.
Export of Borates; Disodium Tetraborate (Refined Borax), Anhydrous in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
Uganda | 29.7 | 12.5 | -57.9% | ||
Tanzania | 17.1 | 5.7 | -66.7% | ||
Mauritius | N/A | 5.3 | 0% | ||
Rwanda | 0.3 | 0.1 | -66.7% | ||
Others | N/A | N/A | 0% | ||
Total | 47.2 | 23.6 | -50.0% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Anhydrous from Kenya in 2022:
- Uganda (7.8 tons)
- Tanzania (1.2 tons)
- Mauritius (0.3 tons)
- Rwanda (0.2 tons)
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