Price for Zinc; Dust, Powders and Flakes in Kenya - 2021

Contents:

  1. Price for Zinc; Dust, Powders and Flakes in Kenya (FOB) - 2022
  2. Price for Zinc; Dust, Powders and Flakes in Kenya (CIF) - 2022
  3. Exports of Zinc; Dust, Powders and Flakes in Kenya
  4. Imports of Zinc; Dust, Powders and Flakes in Kenya

Price for Zinc; Dust, Powders and Flakes in Kenya (FOB) - 2022

In 2022, the average export price for zinc; dust, powders and flakeses amounted to $2,607 per ton, increasing by 14% against the previous year. Over the period under review, the export price showed a prominent increase. The pace of growth appeared the most rapid in 2016 an increase of 38% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +30.9% per year.

Price for Zinc; Dust, Powders and Flakes in Kenya (CIF) - 2022

The average import price for zinc; dust, powders and flakeses stood at $4,767 per ton in 2022, with an increase of 1,005% against the previous year. In general, the import price showed a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Mozambique amounted to -1.7% per year.

Exports of Zinc; Dust, Powders and Flakes in Kenya

In 2022, overseas shipments of zinc; dust, powders and flakeses decreased by -33.4% to 109 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 226% against the previous year.

In value terms, zinc; dust, powders and flakes exports declined significantly to $283K in 2022. Overall, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 200% against the previous year.

Export of Zinc; Dust, Powders and Flakes in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India22.2122281283133.6%
United States4.710.417.6N/A93.5%
United Arab Emirates5.99.712.1N/A43.2%
South Africa19.629.132.9N/A29.6%
Taiwan (Chinese)3.810.816.1N/A105.8%
Turkey6.210.413.3N/A46.5%
Others1.90.71.1N/A-23.9%
Total64.219337428364.0%

Top Export Markets for Zinc; Dust, Powders and Flakes from Kenya in 2022:

  1. India (108.6 tons)

Imports of Zinc; Dust, Powders and Flakes in Kenya

In 2022, after three years of growth, there was significant decline in purchases abroad of zinc; dust, powders and flakeses, when their volume decreased by -99.8% to 2.4 tons. Over the period under review, imports recorded a sharp decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 20%.

In value terms, zinc; dust, powders and flakes imports shrank significantly to $12K in 2022. In general, imports continue to indicate a dramatic shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 7.5%. As a result, imports reached the peak of $627K, and then dropped notably in the following year.

Import of Zinc; Dust, Powders and Flakes in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India21.737.552.411.5-19.1%
Nigeria89.991.449.3N/A-25.9%
Uganda88.510199.9N/A6.2%
Mozambique52.366.472.9N/A18.1%
Ethiopia19014855.3N/A-46.1%
Zambia35.754.9191N/A131.3%
Others64.884.4107N/A28.5%
Total54358362711.5-72.3%

Top Suppliers of Zinc; Dust, Powders and Flakes to Kenya in 2022:

  1. India (2.4 tons)

Source: IndexBox Market Intelligence Platform

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