Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Kenya - 2022

Contents:

  1. Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Kenya (FOB) - 2022
  2. Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Kenya (CIF) - 2022
  3. Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Kenya
  4. Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Kenya

Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Kenya (FOB) - 2022

The average export price for chromium oxides and hydroxides; excluding chromium trioxides stood at $2,785 per ton in 2022, growing by 64% against the previous year. Over the period under review, the export price recorded a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to +8.0% per year.

Price for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Kenya (CIF) - 2022

The average import price for chromium oxides and hydroxides; excluding chromium trioxides stood at $26,000 per ton in 2022, jumping by 933% against the previous year. In general, the import price saw a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Romania.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +31.2% per year.

Exports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Kenya

After three years of growth, shipments abroad of chromium oxides and hydroxides; excluding chromium trioxides decreased by -99.5% to 219 kg in 2022. In general, exports recorded a precipitous contraction. The growth pace was the most rapid in 2020 when exports increased by 50% against the previous year.

In value terms, exports of chromium oxides and hydroxides; excluding chromium trioxides declined notably to $610 in 2022. Over the period under review, exports showed a dramatic slump. The growth pace was the most rapid in 2020 with an increase of 11%.

Export of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania17.427.212.30.6-67.5%
Uganda11.721.614.8N/A12.5%
Burundi26.111.638.3N/A21.1%
Others0.71.53.2N/A113.8%
Total56.061.968.60.6-78.0%

Top Export Markets for Chromium Oxides and Hydroxides; Excluding Chromium Trioxide from Kenya in 2022:

  1. Tanzania (218.0 kg)

Imports of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Kenya

In 2022, the amount of chromium oxides and hydroxides; excluding chromium trioxides imported into Kenya fell notably to 1 kg, with a decrease of 99.9% compared with the previous year. In general, imports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year.

In value terms, imports of chromium oxides and hydroxides; excluding chromium trioxides declined remarkably to $26 in 2022. Over the period under review, imports showed a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 34%.

Import of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea16.0N/AN/AN/A0%
United Arab Emirates177101126N/A-15.6%
Italy2.52.612.3N/A121.8%
RomaniaN/AN/AN/AN/A0%
Turkey10.3N/AN/AN/A0%
Others6.23.65.0N/A-10.2%
Total212107144N/A-17.6%

Top Suppliers of Chromium Oxides and Hydroxides; Excluding Chromium Trioxide to Kenya in 2022:

  1. Romania (1.0 kg)

Source: IndexBox Market Intelligence Platform

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