Kenya - Ammonium Nitrate - Market Analysis, Forecast, Size, Trends And Insights
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View PricingAmmonium Nitrate Price in Kenya - 2021
Contents:
- Ammonium Nitrate Price in Kenya (FOB) - 2022
- Ammonium Nitrate Price in Kenya (CIF) - 2022
- Ammonium Nitrate Exports in Kenya
- Ammonium Nitrate Imports in Kenya
Ammonium Nitrate Price in Kenya (FOB) - 2022
In 2022, the average ammonium nitrate export price amounted to $1,723 per ton, picking up by 110% against the previous year. Over the period under review, the export price posted a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Rwanda.
From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to +6.1% per year.
Ammonium Nitrate Price in Kenya (CIF) - 2022
In 2022, the average ammonium nitrate import price amounted to $1,566 per ton, picking up by 335% against the previous year. In general, the import price continues to indicate strong growth. 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 the Netherlands ($1,474 per ton), while the price for the UK stood at $383 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+1.0%), while the prices for the other major suppliers experienced a decline.
Ammonium Nitrate Exports in Kenya
In 2022, shipments abroad of ammonium nitrate decreased by -84.4% to 26 tons, falling for the second year in a row after two years of growth. Over the period under review, exports faced a precipitous decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 206%. As a result, the exports reached the peak of 374 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, ammonium nitrate exports reduced notably to $45K in 2022. In general, exports recorded a precipitous slump. The most prominent rate of growth was recorded in 2020 when exports increased by 182%. As a result, the exports attained the peak of $279K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Ammonium Nitrate in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Rwanda | 45.4 | 270 | 131 | 45.1 | -0.2% |
Uganda | 0.5 | 2.9 | 2.4 | N/A | 119.1% |
Burundi | 51.8 | N/A | N/A | N/A | 0% |
Others | 1.1 | 5.9 | 3.8 | N/A | 85.9% |
Total | 98.8 | 279 | 138 | 45.1 | -23.0% |
Top Export Markets for Ammonium Nitrate from Kenya in 2022:
- Rwanda (26.2 tons)
Ammonium Nitrate Imports in Kenya
In 2022, ammonium nitrate imports into Kenya contracted sharply to 8.4 tons, with a decrease of -99.9% on 2021. Overall, imports showed a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. As a result, imports reached the peak of 12K tons, and then shrank notably in the following year.
In value terms, ammonium nitrate imports contracted notably to $13K in 2022. In general, imports faced a sharp shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 41% against the previous year. As a result, imports reached the peak of $4.3M, and then fell notably in the following year.
Import of Ammonium Nitrate in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 2.8 | 3.8 | 7.4 | 12.0 | 62.4% |
United Kingdom | 0.5 | 0.5 | 0.8 | 0.1 | -41.5% |
China | 68.6 | 69.8 | 105 | N/A | 23.7% |
Sweden | 89.8 | 122 | 360 | N/A | 100.2% |
France | 587 | 288 | 610 | N/A | 1.9% |
India | 820 | 772 | 1,035 | N/A | 12.3% |
Egypt | 1,038 | 774 | 782 | N/A | -13.2% |
Italy | N/A | 172 | N/A | N/A | 0% |
Ukraine | 296 | 292 | 425 | N/A | 19.8% |
Turkey | 218 | N/A | N/A | N/A | 0% |
Others | 674 | 524 | 942 | 1.0 | -88.6% |
Total | 3,795 | 3,018 | 4,267 | 13.2 | -84.8% |
Top Suppliers of Ammonium Nitrate to Kenya in 2022:
- Netherlands (8.2 tons)
- United Kingdom (0.2 tons)
This report provides an in-depth analysis of the ammonium nitrate market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 4003 - Ammonium nitrate (AN)
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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