Kenya: Baking Soda Market 2024

Baking Soda Market Size in Kenya

The Kenyan baking soda market dropped modestly to $X in 2022, waning by X% against the previous year. Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Baking soda consumption peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Baking Soda Production in Kenya

In value terms, baking soda production contracted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

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Baking Soda Exports

Exports from Kenya

In 2022, approx. X tons of baking soda were exported from Kenya; shrinking by X% against 2021. In general, exports faced a sharp reduction. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, baking soda exports skyrocketed to $X in 2022. Over the period under review, exports saw a sharp slump. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Uganda (X tons), Tanzania (X tons) and Rwanda (X tons) were the main destinations of baking soda exports from Kenya, with a combined X% share of total exports. Congo and Ethiopia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Congo (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Tanzania ($X), Uganda ($X) and Rwanda ($X) appeared to be the largest markets for baking soda exported from Kenya worldwide, together accounting for X% of total exports. Congo and Ethiopia lagged somewhat behind, together comprising a further X%.

Congo, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average baking soda export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price showed a resilient increase. The most prominent rate of growth was recorded in 2021 an increase of X%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($X per ton), while the average price for exports to Uganda ($X 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 Tanzania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Baking Soda Imports

Imports into Kenya

In 2022, baking soda imports into Kenya expanded slightly to X tons, increasing by X% against the previous year. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, baking soda imports skyrocketed to $X in 2022. Overall, imports posted resilient growth. The pace of growth was the most pronounced in 2015 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Turkey (X tons), China (X tons) and Russia (X tons) were the main suppliers of baking soda imports to Kenya, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), China ($X) and India ($X) appeared to be the largest baking soda suppliers to Kenya, together accounting for X% of total imports. Russia and Italy lagged somewhat behind, together accounting for a further X%.

Russia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average baking soda import price stood at $X per ton in 2022, picking up by X% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, baking soda import price increased by X% against 2019 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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