Sulphites; of Sodium Price in Kenya - 2021
Contents:
- Sulphites; of Sodium Price in Kenya (CIF) - 2022
- Sulphites; of Sodium Price in Kenya (FOB) - 2022
- Sulphites; of Sodium Imports in Kenya
- Sulphites; of Sodium Exports in Kenya
Sulphites; of Sodium Price in Kenya (CIF) - 2022
In 2022, the average sulphites; of sodium import price amounted to $785 per ton, growing by 33% against the previous year. In general, the import price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 52%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($2,154 per ton), while the price for China ($698 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+38.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphites; of Sodium Price in Kenya (FOB) - 2022
In 2022, the average sulphites; of sodium export price amounted to $1,377 per ton, declining by -22.6% against the previous year. Over the period under review, the export price, however, posted resilient growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 158% against the previous year. The export price peaked at $1,781 per ton in 2021, and then dropped markedly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($5,000 per ton), while the average price for exports to Somalia ($836 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 (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphites; of Sodium Imports in Kenya
In 2022, supplies from abroad of sulphites; of sodia was finally on the rise to reach 244 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt curtailment.
In value terms, sulphites; of sodium imports surged to $192K in 2022. Over the period under review, total imports indicated a mild increase from 2019 to 2022: its value increased at an average annual rate of +1.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sulphites; of Sodium in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 55.3 | 23.2 | 47.4 | 154 | 40.7% |
| Turkey | 21.0 | 13.4 | 10.5 | 20.0 | -1.6% |
| Germany | 8.7 | 4.9 | 2.8 | 9.2 | 1.9% |
| India | 10.2 | 0.3 | 10.3 | 8.6 | -5.5% |
| Thailand | 78.3 | 67.9 | 40.8 | N/A | -27.8% |
| Others | 10.5 | 11.0 | 12.4 | N/A | 8.7% |
| Total | 184 | 121 | 124 | 192 | 1.4% |
Top Suppliers of Sulphites; of Sodium to Kenya in 2022:
- China (220.2 tons)
- Turkey (10.9 tons)
- Germany (8.8 tons)
- India (4.0 tons)
Sulphites; of Sodium Exports in Kenya
In 2022, approx. 13 tons of sulphites; of sodia were exported from Kenya; dropping by -59.9% compared with the previous year. Overall, exports continue to indicate a precipitous contraction. The growth pace was the most rapid in 2021 when exports increased by 44% against the previous year.
In value terms, sulphites; of sodium exports declined markedly to $18K in 2022. Over the period under review, exports saw a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 119%.
| Export of Sulphites; of Sodium in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 24.1 | 9.9 | 9.9 | 11.6 | -21.6% |
| Somalia | 2.1 | 0.1 | 1.9 | 3.4 | 17.4% |
| Rwanda | 0.7 | 1.0 | 0.8 | 1.0 | 12.6% |
| Tanzania | 75.6 | 1.1 | 21.7 | 0.8 | -78.0% |
| South Sudan | 0.1 | 0.2 | 0.3 | 0.8 | 100.0% |
| Burundi | 3.5 | 7.0 | 20.7 | N/A | 143.2% |
| Others | 6.3 | 6.6 | 1.3 | N/A | -54.6% |
| Total | 112 | 25.8 | 56.5 | 17.5 | -46.1% |
Top Export Markets for Sulphites; of Sodium from Kenya in 2022:
- Uganda (7.3 tons)
- Somalia (4.1 tons)
- Tanzania (0.6 tons)
- South Sudan (0.6 tons)
- Rwanda (0.2 tons)
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