Kenya: Market for Sulphates Of Barium Or Aluminium 2022

Market Size for Sulphates Of Barium Or Aluminium in Kenya

In 2021, after four years of decline, there was significant growth in the Kenyan barium or aluminium sulphates market, when its value increased by X% to $X. Over the period under review, consumption, however, recorded a noticeable decrease. Over the period under review, the market reached the peak level at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Production of Sulphates Of Barium Or Aluminium in Kenya

In value terms, barium or aluminium sulphates production reached $X in 2021 estimated in export price. Overall, production saw a mild slump. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Exports of Sulphates Of Barium Or Aluminium

Exports from Kenya

In 2021, overseas shipments of sulphates of barium or aluminium decreased by -X% to X tons for the first time since 2016, thus ending a four-year rising trend. In general, exports, however, enjoyed buoyant growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. The exports peaked at X tons in 2020, and then contracted in the following year.

In value terms, barium or aluminium sulphates exports fell to $X in 2021. Overall, exports, however, saw resilient growth. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020, and then contracted in the following year.

Exports by Country

Uganda (X tons) was the main destination for barium or aluminium sulphates exports from Kenya, with a X% share of total exports. Moreover, barium or aluminium sulphates exports to Uganda exceeded the volume sent to the second major destination, Rwanda (X tons), fourfold. South Sudan (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Uganda totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+X% per year) and South Sudan (+X% per year).

In value terms, Uganda ($X) remains the key foreign market for barium or aluminium sulphates exports from Kenya, comprising X% of total exports. The second position in the ranking was occupied by Rwanda ($X), with a X% share of total exports. It was followed by South Sudan, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Uganda amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+X% per year) and South Sudan (+X% per year).

Export Prices by Country

The average barium or aluminium sulphates export price stood at $X per ton in 2021, increasing by X% against the previous year. In general, the export price, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the the average export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2021, the countries with the highest prices were Ethiopia ($X per ton) and Uganda ($X per ton), while the average price for exports to Rwanda ($X per ton) and Democratic Republic of the Congo ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (-X%), while the prices for the other major destinations experienced a decline.

Imports of Sulphates Of Barium Or Aluminium

Imports into Kenya

In 2021, purchases abroad of sulphates of barium or aluminium was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth imports remained at a lower figure.

In value terms, barium or aluminium sulphates imports declined sharply to $X in 2021. Over the period under review, imports, however, saw a drastic downturn. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2021, the growth imports failed to regain momentum.

Imports by Country

Turkey (X tons), Germany (X tons) and Sweden (X tons) were the main suppliers of barium or aluminium sulphates imports to Kenya, together comprising X% of total imports. These countries were followed by Finland, India, China and the UK, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Turkey ($X) and the UK ($X) appeared to be the largest barium or aluminium sulphates suppliers to Kenya, with a combined X% share of total imports. These countries were followed by Germany, Finland, Sweden and India, which together accounted for a further X, with a CAGR of +X%, saw the highest growth rate of 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

In 2021, the average barium or aluminium sulphates import price amounted to $X per ton, which is down by -X% against the previous year. Overall, the import price recorded a deep contraction. The growth pace was the most rapid in 2019 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform