Price for Chlorates; Other than Sodium in Kenya - 2022

Contents:

  1. Price for Chlorates; Other than Sodium in Kenya (CIF) - 2022
  2. Price for Chlorates; Other than Sodium in Kenya (FOB) - 2022
  3. Imports of Chlorates; Other than Sodium in Kenya
  4. Exports of Chlorates; Other than Sodium in Kenya

Price for Chlorates; Other than Sodium in Kenya (CIF) - 2022

The average chlorates; other than sodium import price stood at $1,728 per ton in 2022, increasing by 28% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chlorates; other than sodium import price increased by +98.0% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of 40% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($1,750 per ton), while the price for China stood at $1,706 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.2%).

Price for Chlorates; Other than Sodium in Kenya (FOB) - 2022

In 2022, the average chlorates; other than sodium export price amounted to $789 per ton, dropping by -91.8% against the previous year. Overall, the export price saw a abrupt contraction. The pace of growth appeared the most rapid in 2013 when the average export price increased by 57%. The export price peaked at $9,616 per ton in 2021, and then declined rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for Burundi.

From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to +3.4% per year.

Imports of Chlorates; Other than Sodium in Kenya

Chlorates; other than sodium imports into Kenya surged to 790 tons in 2022, jumping by 31% against the year before. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.1% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 61%. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, chlorates; other than sodium imports surged to $1.4M in 2022. Over the period under review, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Chlorates; Other than Sodium in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China38.8250388691161.1%
India36242142567423.0%
Others4.73.82.2N/A-31.6%
Total4066758151,36549.8%

Top Suppliers of Chlorates; Other than Sodium to Kenya in 2022:

  1. China (405.0 tons)
  2. India (385.1 tons)

Exports of Chlorates; Other than Sodium in Kenya

In 2022, exports of chlorates; other than sodia from Kenya contracted remarkably to 128 kg, which is down by -15.2% compared with the year before. In general, exports showed a abrupt decline.

In value terms, chlorates; other than sodium exports fell notably to $101 in 2022. Overall, exports saw a significant contraction. The smallest decline of -18.5% was in 2020.

Export of Chlorates; Other than Sodium in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Burundi16.015.015.010184.8%
Rwanda349237138N/A-37.1%
Tanzania1,8241,5311,299N/A-15.6%
OthersN/AN/AN/AN/A0%
Total2,1891,7831,452101-64.1%

Top Export Markets for Chlorates; Other than Sodium from Kenya in 2022:

  1. Burundi (128.0 kg)

Source: IndexBox Market Intelligence Platform

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