Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Kenya - 2022
Contents:
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Kenya (FOB) - 2022
- Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Kenya (CIF) - 2022
- Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Kenya
- Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Kenya
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Kenya (FOB) - 2022
The average export price for fertilizers, mineral or chemical stood at $835 per ton in 2022, growing by 2.2% against the previous year. Overall, the export price showed noticeable growth. The pace of growth appeared the most rapid in 2020 an increase of 85% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($1,750 per ton), while the average price for exports to Tanzania ($201 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 Burundi (+22.8%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Kenya (CIF) - 2022
The average import price for fertilizers, mineral or chemical stood at $312 per ton in 2022, reducing by -37.4% against the previous year. Overall, the import price continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2020 an increase of 57% against the previous year. The import price peaked at $499 per ton in 2021, and then shrank notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($1,176 per ton), while the price for Madagascar ($195 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Kenya
After three years of growth, overseas shipments of fertilizers, mineral or chemical decreased by -34.6% to 285 tons in 2022. In general, total exports indicated a measured increase from 2019 to 2022: its volume increased at an average annual rate of +4.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 35%.
In value terms, exports of fertilizers, mineral or chemical shrank markedly to $238K in 2022. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 150% against the previous year.
| Export of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burundi | 60.9 | 166 | 244 | 164 | 39.1% |
| Tanzania | 17.4 | 32.2 | 47.3 | 31.8 | 22.3% |
| Uganda | 3.1 | 10.3 | 47.0 | 31.1 | 115.7% |
| Others | 7.6 | 14.4 | 17.7 | 10.9 | 12.8% |
| Total | 89.1 | 223 | 356 | 238 | 38.8% |
Top Export Markets for Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate from Kenya in 2022:
- Tanzania (157.8 tons)
- Burundi (107.0 tons)
- Uganda (17.8 tons)
Imports of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Kenya
In 2022, purchases abroad of fertilizers, mineral or chemical was finally on the rise to reach 504 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt curtailment.
In value terms, imports of fertilizers, mineral or chemical soared to $158K in 2022. Over the period under review, imports, however, continue to indicate a abrupt downturn.
| Import of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Madagascar | N/A | N/A | N/A | 73.1 | 0% |
| Israel | 131 | 35.6 | 4.9 | 41.8 | -31.7% |
| Malaysia | 32.5 | 13.6 | 1.9 | 16.7 | -19.9% |
| Tanzania | 40.6 | 10.7 | 1.4 | 11.7 | -33.9% |
| South Africa | 44.0 | 23.1 | 0.5 | 6.4 | -47.4% |
| Others | 10.6 | 3.5 | 0.9 | 7.8 | -9.7% |
| Total | 259 | 86.5 | 9.7 | 158 | -15.2% |
Top Suppliers of Fertilizers, Mineral or Chemical; Nitrogenous, Other than Ammonium Sulphate to Kenya in 2022:
- Madagascar (375.0 tons)
- Israel (87.7 tons)
- Malaysia (19.1 tons)
- Tanzania (14.4 tons)
- South Africa (5.4 tons)
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