Kenya - Nitric Acid And Sulphonitric Acids - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingPrice for Nitric and Sulphonitric Acids in Kenya - 2021
Contents:
- Price for Nitric and Sulphonitric Acids in Kenya (CIF) - 2022
- Price for Nitric and Sulphonitric Acids in Kenya (FOB) - 2022
- Imports of Nitric and Sulphonitric Acids in Kenya
- Exports of Nitric and Sulphonitric Acids in Kenya
Price for Nitric and Sulphonitric Acids in Kenya (CIF) - 2022
The average nitric and sulphonitric acids import price stood at $461 per ton in 2021, rising by 14% against the previous year. Over the last nine years, it increased at an average annual rate of +1.5%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was India ($507 per ton), while the price for South Korea ($336 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+2.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nitric and Sulphonitric Acids in Kenya (FOB) - 2022
The average nitric and sulphonitric acids export price stood at $744 per ton in 2021, which is down by -11.5% against the previous year. Overall, the export price recorded a drastic downturn. The pace of growth appeared the most rapid in 2017 an increase of 24% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,634 per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Tanzania ($1,323 per ton), while the average price for exports to Uganda ($475 per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nitric and Sulphonitric Acids in Kenya
Nitric and sulphonitric acids imports into Kenya shrank slightly to 2.7K tons in 2022, which is down by -3.6% on 2021 figures. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 7.8% against the previous year.
In value terms, nitric and sulphonitric acids imports dropped to $1.2M in 2022. In general, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 23% against the previous year.
Import of Nitric and Sulphonitric Acids in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Belgium | 200 | 424 | 1,026 | 126.5% | |
Netherlands | 77.8 | 105 | 100 | 13.4% | |
India | 404 | 349 | 87.0 | -53.6% | |
South Korea | 664 | 126 | 49.3 | -72.8% | |
Others | 51.5 | 56.3 | 45.8 | -5.7% | |
Total | 1,397 | 1,061 | 1,309 | -3.2% |
Top Suppliers of Nitric and Sulphonitric Acids to Kenya in 2022:
- Belgium (2256.4 tons)
- Netherlands (222.8 tons)
- India (171.7 tons)
- South Korea (146.5 tons)
Exports of Nitric and Sulphonitric Acids in Kenya
Nitric and sulphonitric acids exports from Kenya fell remarkably to 181 tons in 2022, with a decrease of -19% compared with 2021. Overall, exports showed a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 61% against the previous year.
In value terms, nitric and sulphonitric acids exports shrank rapidly to $141K in 2022. In general, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 43% against the previous year.
Export of Nitric and Sulphonitric Acids in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Democratic Republic of the Congo | 14.0 | 23.9 | 39.5 | 68.0% | |
Ethiopia | 14.4 | 21.9 | 35.7 | 57.5% | |
Rwanda | 59.4 | 19.8 | 31.7 | -26.9% | |
Uganda | 52.1 | 8.4 | 27.3 | -27.6% | |
Tanzania | 26.0 | 28.9 | 15.4 | -23.0% | |
Burundi | 75.4 | 7.4 | 10.7 | -62.3% | |
Zambia | 5.2 | 3.9 | 3.2 | -21.6% | |
Others | 15.2 | 1.8 | 2.3 | -61.1% | |
Total | 262 | 116 | 166 | -20.4% |
Top Export Markets for Nitric and Sulphonitric Acids from Kenya in 2022:
- Democratic Republic of the Congo (70.8 tons)
- Uganda (57.4 tons)
- Ethiopia (56.9 tons)
- Rwanda (41.9 tons)
- Tanzania (11.7 tons)
- Burundi (9.8 tons)
- Zambia (5.8 tons)
This report provides an in-depth analysis of the market for nitric and sulphonitric acids 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 20151050 - Nitric acid, sulphonitric acids
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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
This report provides an in-depth analysis of the market for nitric and sulphonitric acids in Kenya.
This report provides an in-depth analysis of the global market for nitric and sulphonitric acids.
This report provides an in-depth analysis of the market for nitric and sulphonitric acids in Kenya.
This report provides an in-depth analysis of the global market for nitric and sulphonitric acids.
In value terms, nitric acids and sulphonitric acids imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated so...
In value terms, nitric acids and sulphonitric acids exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...
In value terms, nitric acids and sulphonitric acids imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated so...
In value terms, nitric acids and sulphonitric acids exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend ...