Silicates; Sodium Metasilicates Price in Kenya - 2021
Contents:
- Silicates; Sodium Metasilicates Price in Kenya (CIF) - 2021
- Silicates; Sodium Metasilicates Price in Kenya (FOB) - 2022
- Silicates; Sodium Metasilicates Imports in Kenya
- Silicates; Sodium Metasilicates Exports in Kenya
Silicates; Sodium Metasilicates Price in Kenya (CIF) - 2021
The average silicates; sodium metasilicates import price stood at $601 per ton in December 2021, jumping by 32% against the previous month. Overall, the import price continues to indicate a measured increase. 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 China.
From February 2021 to December 2021, the rate of growth in terms of prices for China amounted to +4.2% per month.
Silicates; Sodium Metasilicates Price in Kenya (FOB) - 2022
The average silicates; sodium metasilicates export price stood at $341 per ton in 2022, which is down by -20.3% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 96% against the previous year. Over the period under review, the average export prices attained the peak figure at $791 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ethiopia ($1,683 per ton), while the average price for exports to Burundi ($243 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 Rwanda (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Silicates; Sodium Metasilicates Imports in Kenya
In 2022, the amount of silicates; sodium metasilicateses imported into Kenya skyrocketed to 2.7K tons, growing by 35% against 2021. Over the period under review, imports, however, continue to indicate a drastic downturn.
In value terms, silicates; sodium metasilicates imports soared to $1.3M in 2022. Overall, imports, however, showed a abrupt curtailment.
| Import of Silicates; Sodium Metasilicates in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.8 | 1.6 | 0.9 | 1.3 | -10.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.8 | 1.7 | 0.9 | 1.3 | -10.3% |
Top Suppliers of Silicates; Sodium Metasilicates to Kenya in 2022:
- China (2.7K tons)
Silicates; Sodium Metasilicates Exports in Kenya
In 2022, exports of silicates; sodium metasilicateses from Kenya contracted sharply to 124 tons, falling by -33% against the previous year's figure. In general, exports, however, recorded a significant increase. The growth pace was the most rapid in 2021 when exports increased by 1,705%. As a result, the exports reached the peak of 185 tons, and then contracted notably in the following year.
In value terms, silicates; sodium metasilicates exports declined remarkably to $42K in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 1,390% against the previous year. As a result, the exports attained the peak of $79K, and then reduced rapidly in the following year.
| Export of Silicates; Sodium Metasilicates in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 2.1 | 0.8 | 20.4 | 36.6 | 159.3% |
| Rwanda | 3.6 | 2.3 | 37.9 | 3.9 | 2.7% |
| Uganda | 0.4 | 1.3 | 11.5 | 1.0 | 35.7% |
| Burundi | 1.0 | 0.8 | 8.4 | 0.6 | -15.7% |
| Others | 0.1 | 0.1 | 0.8 | 0.1 | 0.0% |
| Total | 7.1 | 5.3 | 79.0 | 42.2 | 81.1% |
Top Export Markets for Silicates; Sodium Metasilicates from Kenya in 2022:
- Tanzania (112.1 tons)
- Rwanda (7.5 tons)
- Burundi (2.4 tons)
- Uganda (1.6 tons)
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