Price for Bromides; of Sodium or of Potassium in Kenya - 2022

Contents:

1. Price for Bromides; of Sodium or of Potassium in Kenya (CIF) - 2022
2. Price for Bromides; of Sodium or of Potassium in Kenya (FOB) - 2022
3. Imports of Bromides; of Sodium or of Potassium in Kenya
4. Exports of Bromides; of Sodium or of Potassium in Kenya

Price for Bromides; of Sodium or of Potassium in Kenya (CIF) - 2022

In 2022, the average import price for bromides; of sodium or of potassia amounted to $2,890 per ton, waning by -38.6% against the previous year. In general, the import price showed a abrupt setback. The most prominent rate of growth was recorded in 2020 an increase of 64%. Over the period under review, average import prices reached the maximum at $14,092 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($47,571 per ton), while the price for India ($1,612 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Bromides; of Sodium or of Potassium in Kenya (FOB) - 2022

The average export price for bromides; of sodium or of potassia stood at $4,474 per ton in 2022, falling by -23.7% against the previous year. Over the period under review, the export price saw a mild shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by 86% against the previous year. Over the period under review, the average export prices attained the peak figure at $5,867 per ton in 2021, and then dropped significantly in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($4,623 per ton), while the average price for exports to Tanzania stood at $3,858 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+18.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Bromides; of Sodium or of Potassium in Kenya

For the fourth year in a row, Kenya recorded growth in supplies from abroad of bromides; of sodium or of potassia, which increased by 72% to 5.5 tons in 2022. In general, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 281%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of bromides; of sodium or of potassia expanded sharply to $16K in 2022. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 183% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Top Suppliers of Bromides; of Sodium or of Potassium to Kenya in 2022:

1. Israel (5.0 tons)
2. India (0.5 tons)

Exports of Bromides; of Sodium or of Potassium in Kenya

After two years of decline, overseas shipments of bromides; of sodium or of potassia increased by 15,300% to 2.3 tons in 2022. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of bromides; of sodium or of potassia soared to $10K in 2022. In general, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Bromides; of Sodium or of Potassium from Kenya in 2022:

1. Rwanda (1.9 tons)
2. Tanzania (0.5 tons)

Source: IndexBox Market Intelligence Platform