Kenya - Compounds Of Rare-Earth Metals, Of Yttrium Or Of Scandium Or Mixtures Of These Metals - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Compounds of Rare-Earth Metals in Kenya - 2021
Contents:
- Price for Compounds of Rare-Earth Metals in Kenya (FOB) - 2022
- Price for Compounds of Rare-Earth Metals in Kenya (CIF) - 2022
- Exports of Compounds of Rare-Earth Metals in Kenya
- Imports of Compounds of Rare-Earth Metals in Kenya
Price for Compounds of Rare-Earth Metals in Kenya (FOB) - 2022
In 2022, the average compounds of rare-earth metals export price amounted to $6,121 per ton, flattening at the previous year. Overall, the export price saw a abrupt downturn. The pace of growth was the most pronounced in 2014 when the average export price increased by 31%. The export price peaked at $16,753 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Rwanda.
From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to -4.2% per year.
Price for Compounds of Rare-Earth Metals in Kenya (CIF) - 2022
In 2022, the average compounds of rare-earth metals import price amounted to $51,549 per ton, picking up by 74% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($101,125 per ton), while the price for the United States stood at $7,481 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Compounds of Rare-Earth Metals in Kenya
In 2022, the amount of compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals exported from Kenya soared to 6.3 tons, jumping by 91% compared with the year before. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 1,522% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, compounds of rare-earth metals exports surged to $39K in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,590% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Compounds of Rare-Earth Metals in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 0.7 | 23.4 | 17.0 | 38.5 | 280.3% |
| Burundi | 0.9 | 3.9 | 3.3 | N/A | 91.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.6 | 27.4 | 20.3 | 38.5 | 188.7% |
Top Export Markets for Compounds of Rare-Earth Metals from Kenya in 2022:
- Rwanda (6.3 tons)
Imports of Compounds of Rare-Earth Metals in Kenya
After three years of growth, supplies from abroad of compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals decreased by -52.8% to 51 kg in 2022. In general, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. As a result, imports reached the peak of 108 kg, and then contracted markedly in the following year.
In value terms, compounds of rare-earth metals imports dropped dramatically to $2.6K in 2022. Overall, total imports indicated a mild increase from 2019 to 2022: its value increased at an average annual rate of +1.1% 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 +41.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 72%. As a result, imports reached the peak of $3.2K, and then dropped sharply in the following year.
| Import of Compounds of Rare-Earth Metals in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 322 | 322 | 291 | 2,427 | 96.1% |
| United States | N/A | N/A | N/A | 202 | 0% |
| China | 167 | 276 | 340 | N/A | 42.7% |
| United Kingdom | 361 | 385 | 591 | N/A | 27.9% |
| India | 305 | 55.0 | 245 | N/A | -10.4% |
| Italy | 786 | 740 | 1,005 | N/A | 13.1% |
| Others | 600 | 79.0 | 729 | N/A | 10.2% |
| Total | 2,541 | 1,857 | 3,201 | 2,629 | 1.1% |
Top Suppliers of Compounds of Rare-Earth Metals to Kenya in 2022:
- United States (27.0 kg)
- Germany (24.0 kg)
This report provides an in-depth analysis of the market for compounds of rare-earth metals 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 20136500 - Compounds of rare-earth metals, of yttrium or of scandium or mixtures of these metals
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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This report provides an in-depth analysis of the market for compounds of rare-earth metals in Kenya.
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This report provides an in-depth analysis of the global market for compounds of rare-earth metals.
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This report provides an in-depth analysis of the market for compounds of rare-earth metals in Kenya.
529
This report provides an in-depth analysis of the global market for compounds of rare-earth metals.
196
Explore the top import markets for compounds of rare-earth metals, including key statistics and import values for each country. Discover the importance of these materials in global industries and technology advancements.
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196
Explore the top import markets for compounds of rare-earth metals, including key statistics and import values for each country. Discover the importance of these materials in global industries and technology advancements.
