Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Kenya - 2022
Contents:
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Kenya (CIF) - 2022
- Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Kenya (FOB) - 2022
- Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Kenya
- Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Kenya
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Kenya (CIF) - 2022
The average import price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $1,079 per ton in 2022, jumping by 53% against the previous year. In general, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 India ($8,875 per ton), while the price for China amounted to $1,069 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+23.1%).
Price for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Kenya (FOB) - 2022
The average export price for borates; disodium tetraborate (refined borax), other than anhydroi stood at $1,327 per ton in 2022, increasing by 49% against the previous year. In general, the export price posted resilient growth. The growth pace was the most rapid in 2016 an increase of 474%. Over the period under review, the average export prices reached the maximum at $3,861 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($2,667 per ton), while the average price for exports to Uganda ($1,128 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 Rwanda (+18.2%).
Imports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Kenya
In 2022, supplies from abroad of borates; disodium tetraborate (refined borax), other than anhydroi decreased by -25.6% to 140 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 330% against the previous year.
In value terms, imports of borates; disodium tetraborate (refined borax), other than anhydroi expanded notably to $151K in 2022. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 320%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.4 | 73.9 | 127 | 149 | 113.1% |
| Others | 2.6 | 1.6 | 6.3 | 1.6 | -14.9% |
| Total | 18.0 | 75.5 | 133 | 151 | 103.2% |
Top Suppliers of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous to Kenya in 2022:
- China (139.8 tons)
Exports of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Kenya
In 2022, the amount of borates; disodium tetraborate (refined borax), other than anhydroi exported from Kenya shrank remarkably to 400 kg, which is down by -60% against the year before. Overall, exports saw a precipitous descent. The smallest decline of -54% was in 2021.
In value terms, exports of borates; disodium tetraborate (refined borax), other than anhydroi dropped remarkably to $531 in 2022. In general, exports continue to indicate a significant decrease.
| Export of Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 7.4 | 1.3 | 0.8 | 0.4 | -62.2% |
| Rwanda | N/A | 0.4 | 0.1 | 0.1 | -50.0% |
| Burundi | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.4 | 1.7 | 0.9 | 0.5 | -59.3% |
Top Export Markets for Borates; Disodium Tetraborate (Refined Borax), Other than Anhydrous from Kenya in 2022:
- Uganda (329.0 kg)
- Rwanda (62.0 kg)
- Burundi (9.0 kg)
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