Kenya - Oxides Of Boron and Boric Acids - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Boron Oxide and Boric Acid in Kenya - 2021
Contents:
- Price for Boron Oxide and Boric Acid in Kenya (CIF) - 2022
- Price for Boron Oxide and Boric Acid in Kenya (FOB) - 2022
- Imports of Boron Oxide and Boric Acid in Kenya
- Exports of Boron Oxide and Boric Acid in Kenya
Price for Boron Oxide and Boric Acid in Kenya (CIF) - 2022
In 2022, the average import price for oxides of boron and boric acids amounted to $988 per ton, falling by -9.2% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 33% against the previous year. Over the period under review, average import prices attained the maximum at $1,332 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
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 ($1,669 per ton), while the price for South Africa ($234 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Boron Oxide and Boric Acid in Kenya (FOB) - 2022
In 2022, the average export price for oxides of boron and boric acids amounted to $1,577 per ton, which is down by -4.2% against the previous year. In general, the export price continues to indicate a slight decline. The pace of growth appeared the most rapid in 2015 an increase of 56%. The export price peaked at $1,744 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($1,859 per ton), while the average price for exports to Uganda ($1,406 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 (+8.5%), while the prices for the other major destinations experienced a decline.
Imports of Boron Oxide and Boric Acid in Kenya
In 2022, purchases abroad of oxides of boron and boric acids decreased by -12.7% to 198 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 34% against the previous year. As a result, imports attained the peak of 227 tons, and then reduced in the following year.
In value terms, boron oxide and boric acid imports contracted notably to $196K in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +35.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 71% against the previous year. As a result, imports reached the peak of $247K, and then declined notably in the following year.
Import of Boron Oxide and Boric Acid in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 82.5 | 34.3 | 74.8 | 83.5 | 0.4% |
Turkey | 14.3 | 37.3 | 67.2 | 42.7 | 44.0% |
Russia | 28.7 | 44.3 | 55.8 | 35.4 | 7.2% |
Argentina | 19.0 | 20.0 | 32.3 | 20.5 | 2.6% |
China | 2.4 | 5.2 | 4.7 | 9.8 | 59.8% |
South Africa | 2.8 | 2.4 | 1.6 | 0.8 | -34.1% |
Others | 1.8 | 1.3 | 10.6 | 3.1 | 19.9% |
Total | 151 | 145 | 247 | 196 | 9.1% |
Top Suppliers of Boron Oxide and Boric Acid to Kenya in 2022:
- Turkey (59.9 tons)
- India (50.0 tons)
- Russia (49.8 tons)
- Argentina (26.7 tons)
- China (8.0 tons)
- South Africa (3.6 tons)
Exports of Boron Oxide and Boric Acid in Kenya
In 2022, after three years of growth, there was significant decline in shipments abroad of oxides of boron and boric acids, when their volume decreased by -26.1% to 29 tons. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 109% against the previous year. As a result, the exports attained the peak of 40 tons, and then contracted remarkably in the following year.
In value terms, boron oxide and boric acid exports dropped dramatically to $46K in 2022. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 141% against the previous year. As a result, the exports attained the peak of $66K, and then plummeted in the following year.
Export of Boron Oxide and Boric Acid in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tanzania | 9.3 | 9.0 | 34.2 | 21.2 | 31.6% |
Uganda | 8.9 | 14.6 | 18.5 | 14.9 | 18.7% |
Rwanda | 2.7 | 3.2 | 11.6 | 9.9 | 54.2% |
Others | 0.4 | 0.4 | 1.2 | 0.4 | 0.0% |
Total | 21.2 | 27.2 | 65.5 | 46.4 | 29.8% |
Top Export Markets for Boron Oxide and Boric Acid from Kenya in 2022:
- Tanzania (13.3 tons)
- Uganda (10.6 tons)
- Rwanda (5.3 tons)
This report provides an in-depth analysis of the market for boron oxide and boric acid in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20132462 -
- Prodcom 20132465 -
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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