Salts; Tungstates (Wolframates) Price in Kenya - 2021
Contents:
- Salts; Tungstates (Wolframates) Price in Kenya (CIF) - 2022
- Salts; Tungstates (Wolframates) Imports in Kenya
Salts; Tungstates (Wolframates) Price in Kenya (CIF) - 2022
In 2022, the average salts; tungstates (wolframates) import price amounted to $196,274 per ton, leveling off at the previous year. Over the period under review, the import price, however, saw a buoyant increase. The pace of growth was the most pronounced in 2016 an increase of 107% against the previous year. Over the period under review, average import prices reached the maximum at $240,776 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($1,759,732 per ton), while the price for the UK amounted to $118,385 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+23.9%).
Salts; Tungstates (Wolframates) Imports in Kenya
After three years of growth, overseas purchases of salts; tungstates (wolframates) decreased by -7.6% to 376 kg in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 31%.
In value terms, salts; tungstates (wolframates) imports dropped to $74K in 2022. The total import value increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The growth pace was the most rapid in 2021 when imports increased by 18% against the previous year. As a result, imports attained the peak of $80K, and then declined in the following year.
| Import of Salts; Tungstates (Wolframates) in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 31.0 | 32.8 | 50.3 | 42.4 | 11.0% |
| Australia | 28.2 | 34.3 | 29.5 | 31.4 | 3.6% |
| Others | 4.1 | 0.6 | 0.1 | N/A | -84.4% |
| Total | 63.3 | 67.7 | 79.9 | 73.8 | 5.2% |
Top Suppliers of Salts; Tungstates (Wolframates) to Kenya in 2022:
- United Kingdom (358.0 kg)
- Australia (18.0 kg)
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