Price for Fertilizers; Mineral or Chemical, Phosphatic in Kenya - 2021
Contents:
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Kenya (FOB) - 2022
- Price for Fertilizers; Mineral or Chemical, Phosphatic in Kenya (CIF) - 2022
- Exports of Fertilizers; Mineral or Chemical, Phosphatic in Kenya
- Imports of Fertilizers; Mineral or Chemical, Phosphatic in Kenya
Price for Fertilizers; Mineral or Chemical, Phosphatic in Kenya (FOB) - 2022
The average export price for fertilizers; mineral or chemical, phosphatics stood at $762 per ton in 2022, approximately reflecting the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 38%. As a result, the export price reached the peak level of $764 per ton, leveling off in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($1,510 per ton), while the average price for exports to Uganda ($354 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 Tanzania (+11.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Fertilizers; Mineral or Chemical, Phosphatic in Kenya (CIF) - 2022
In 2022, the average import price for fertilizers; mineral or chemical, phosphatics amounted to $436 per ton, surging by 12% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 48% against the previous year. As a result, import price attained the peak level of $583 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
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 Egypt ($913 per ton), while the price for Indonesia ($58 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fertilizers; Mineral or Chemical, Phosphatic in Kenya
In 2022, approx. 3K tons of fertilizers; mineral or chemical, phosphatics were exported from Kenya; waning by -49.6% against 2021. In general, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 14,155% against the previous year. As a result, the exports reached the peak of 5.9K tons, and then shrank remarkably in the following year.
In value terms, fertilizers; mineral or chemical, phosphatic exports contracted sharply to $2.3M in 2022. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 19,599%. As a result, the exports attained the peak of $4.5M, and then declined sharply in the following year.
| Export of Fertilizers; Mineral or Chemical, Phosphatic in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burundi | 114 | 21.4 | 4,349 | 2,181 | 167.5% |
| Uganda | 9.9 | 1.1 | 112 | 66.7 | 88.9% |
| Others | 3.5 | 0.5 | 70.0 | 28.8 | 101.9% |
| Total | 127 | 23.0 | 4,531 | 2,277 | 161.7% |
Top Export Markets for Fertilizers; Mineral or Chemical, Phosphatic from Kenya in 2022:
- Burundi (2768.2 tons)
- Uganda (188.2 tons)
Imports of Fertilizers; Mineral or Chemical, Phosphatic in Kenya
Fertilizers; mineral or chemical, phosphatic imports into Kenya shrank markedly to 2.1K tons in 2022, with a decrease of -18.6% against 2021. Over the period under review, imports saw a significant decline. The growth pace was the most rapid in 2021 when imports increased by 81%.
In value terms, fertilizers; mineral or chemical, phosphatic imports declined to $916K in 2022. Overall, imports saw a significant curtailment. The growth pace was the most rapid in 2021 with an increase of 21%.
| Import of Fertilizers; Mineral or Chemical, Phosphatic in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 1,120 | 564 | 700 | 672 | -15.7% |
| Russia | 314 | 140 | 154 | 131 | -25.3% |
| Tanzania | 238 | 26.7 | 27.8 | 42.3 | -43.8% |
| Morocco | 36.6 | 17.3 | 22.5 | 18.1 | -20.9% |
| Lebanon | 36.3 | 14.9 | 15.7 | 12.6 | -29.7% |
| Others | 151 | 66.0 | 83.3 | 40.3 | -35.6% |
| Total | 1,896 | 829 | 1,004 | 916 | -21.5% |
Top Suppliers of Fertilizers; Mineral or Chemical, Phosphatic to Kenya in 2022:
- Saudi Arabia (1388.4 tons)
- Russia (432.1 tons)
- Tanzania (166.8 tons)
- Lebanon (27.3 tons)
- Morocco (25.3 tons)
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