Price for Carbides, Whether or Not Chemically Defined in Kenya - 2022
Contents:
- Price for Carbides, Whether or Not Chemically Defined in Kenya (CIF) - 2022
- Price for Carbides, Whether or Not Chemically Defined in Kenya (FOB) - 2022
- Imports of Carbides, Whether or Not Chemically Defined in Kenya
- Exports of Carbides, Whether or Not Chemically Defined in Kenya
Price for Carbides, Whether or Not Chemically Defined in Kenya (CIF) - 2022
In 2022, the average import price for carbides, whether or not chemically defineds amounted to $1,311 per ton, picking up by 22% against the previous year. In general, import price indicated pronounced growth 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. Based on 2022 figures, import price for carbides, whether or not chemically defineds increased by +64.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 35%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady 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 Slovakia ($1,893 per ton), while the price for China totaled $1,110 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+31.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Carbides, Whether or Not Chemically Defined in Kenya (FOB) - 2022
The average export price for carbides, whether or not chemically defineds stood at $2,566 per ton in 2022, reducing by -7.6% against the previous year. Overall, the export price, however, enjoyed temperate growth. The pace of growth appeared the most rapid in 2020 an increase of 48% against the previous year. As a result, the export price reached the peak level of $2,783 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($6,313 per ton), while the average price for exports to Uganda stood at $2,281 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+12.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Carbides, Whether or Not Chemically Defined in Kenya
In 2022, the amount of carbides, whether or not chemically defineds imported into Kenya shrank dramatically to 1.2K tons, with a decrease of -28.2% against the year before. Over the period under review, imports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2021 when imports increased by 44% against the previous year. As a result, imports reached the peak of 1.6K tons, and then shrank sharply in the following year.
In value terms, imports of carbides, whether or not chemically defineds fell to $1.5M in 2022. In general, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 94%. As a result, imports reached the peak of $1.7M, and then fell in the following year.
| Import of Carbides, Whether or Not Chemically Defined in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 653 | 515 | 995 | 952 | 13.4% |
| Slovakia | 138 | 209 | 548 | 562 | 59.7% |
| Hong Kong SAR | 81.0 | 33.1 | 51.0 | N/A | -20.7% |
| South Africa | 105 | 56.3 | 47.4 | N/A | -32.8% |
| Others | 87.0 | 78.1 | 92.7 | 1.0 | -77.4% |
| Total | 1,063 | 891 | 1,734 | 1,516 | 12.6% |
Top Suppliers of Carbides, Whether or Not Chemically Defined to Kenya in 2022:
- China (858.0 tons)
- Slovakia (297.0 tons)
Exports of Carbides, Whether or Not Chemically Defined in Kenya
For the third year in a row, Kenya recorded decline in overseas shipments of carbides, whether or not chemically defineds, which decreased by -63.1% to 226 kg in 2022. Overall, exports faced a precipitous setback. The smallest decline of -39.6% was in 2021.
In value terms, exports of carbides, whether or not chemically defineds shrank remarkably to $580 in 2022. In general, exports showed a significant decrease. The smallest decline of -39.8% was in 2021.
| Export of Carbides, Whether or Not Chemically Defined in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | N/A | N/A | N/A | 0.5 | 0% |
| Burundi | 0.8 | 0.1 | N/A | 0.1 | -50.0% |
| Rwanda | 15.4 | 1.7 | 1.1 | N/A | -73.3% |
| Ethiopia | 3.2 | 0.3 | 0.2 | N/A | -75.0% |
| Tanzania | 7.3 | 0.7 | 0.4 | N/A | -76.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 26.6 | 2.8 | 1.7 | 0.6 | -71.7% |
Top Export Markets for Carbides, Whether or Not Chemically Defined from Kenya in 2022:
- Uganda (210.0 kg)
- Burundi (16.0 kg)
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