Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Kenya - 2022
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Kenya (FOB) - 2022
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Kenya (CIF) - 2022
- Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Kenya
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Kenya
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Kenya (FOB) - 2022
The average export price for silicates; of sodium (excluding sodium metasilicates)s stood at $412 per ton in 2022, jumping by 63% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Madagascar ($622 per ton), while the average price for exports to Tanzania ($341 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 Mozambique (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Kenya (CIF) - 2022
In 2022, the average import price for silicates; of sodium (excluding sodium metasilicates)s amounted to $1,181 per ton, jumping by 71% against the previous year. Overall, the import price continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2016 when the average import price increased by 71%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($4,778 per ton), while the price for Iran ($250 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Kenya
In 2022, overseas shipments of silicates; of sodium (excluding sodium metasilicates)s decreased by -15.9% to 17K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 136% against the previous year. As a result, the exports reached the peak of 22K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s soared to $7M in 2022. In general, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 124% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
| Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 1,606 | 3,665 | 2,707 | 3,796 | 33.2% |
| Ethiopia | 79.4 | 74.5 | 472 | 896 | 124.3% |
| Rwanda | 155 | 496 | 520 | 861 | 77.1% |
| Tanzania | 369 | 788 | 501 | 551 | 14.3% |
| Burundi | 241 | 440 | 335 | 376 | 16.0% |
| Madagascar | 21.8 | 44.3 | 79.1 | 254 | 126.7% |
| Mozambique | 29.1 | 129 | 73.6 | 159 | 76.1% |
| Djibouti | N/A | N/A | 367 | N/A | 0% |
| Others | 52.4 | 85.3 | 84.7 | 156 | 43.9% |
| Total | 2,554 | 5,722 | 5,140 | 7,048 | 40.3% |
Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Kenya in 2022:
- Uganda (9.5K tons)
- Ethiopia (2.0K tons)
- Rwanda (2.0K tons)
- Tanzania (1.6K tons)
- Burundi (0.9K tons)
- Madagascar (0.4K tons)
- Mozambique (0.3K tons)
Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Kenya
In 2022, imports of silicates; of sodium (excluding sodium metasilicates)s into Kenya contracted to 88 tons, declining by -6.2% against 2021. Over the period under review, imports showed a abrupt shrinkage.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s soared to $104K in 2022. Overall, imports showed a relatively flat trend pattern.
| Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.7 | 1.9 | 4.1 | 44.3 | 111.2% |
| India | 24.0 | 21.2 | 18.6 | 41.2 | 19.7% |
| Austria | 2.1 | 1.8 | 0.8 | 7.6 | 53.5% |
| Germany | 2.4 | 2.9 | 0.3 | 5.4 | 31.0% |
| Italy | 2.5 | 1.6 | 0.7 | 1.9 | -8.7% |
| Iran | N/A | N/A | N/A | 0.6 | 0% |
| Switzerland | 2.9 | 2.0 | 1.5 | N/A | -28.1% |
| China | 8.2 | 5.5 | 7.9 | N/A | -1.8% |
| Malaysia | 3.8 | N/A | N/A | N/A | 0% |
| Indonesia | 4.7 | 2.7 | 0.6 | N/A | -64.3% |
| Egypt | 5.0 | 2.7 | 2.3 | N/A | -32.2% |
| Australia | 40.6 | 42.7 | 26.4 | N/A | -19.4% |
| Others | 3.7 | 3.3 | 1.7 | 3.1 | -5.7% |
| Total | 105 | 88.4 | 64.9 | 104 | -0.3% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Kenya in 2022:
- India (66.6 tons)
- United States (10.8 tons)
- Austria (3.0 tons)
- Germany (2.5 tons)
- Iran (2.2 tons)
- Italy (1.9 tons)
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