Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Kenya - 2022
Contents:
- Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Kenya (CIF) - 2022
- Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Kenya
Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Kenya (CIF) - 2022
In 2022, the average import price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $18,721 per ton, jumping by 16% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 75% against the previous year. Over the period under review, average import prices attained the maximum at $19,818 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -0.6% per year.
Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Kenya
For the third consecutive year, Kenya recorded decline in overseas purchases of magnesium; raspings, turnings and granules, graded according to size, powderses, which decreased by -1.9% to 104 kg in 2022. Overall, imports continue to indicate a slight slump. The smallest decline of -0.9% was in 2020.
In value terms, imports of magnesium; raspings, turnings and granules, graded according to size, powderses reached $1.9K in 2022. The total import value increased at an average annual rate of +9.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 0.9 | 1.6 | 1.7 | 1.9 | 28.3% |
China | 0.6 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.5 | 1.6 | 1.7 | 1.9 | 8.2% |
Top Suppliers of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders to Kenya in 2022:
- India (104.0 kg)
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