Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Kenya - 2022

Contents:

  1. Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Kenya (CIF) - 2022
  2. Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Kenya (FOB) - 2022
  3. Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Kenya
  4. Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Kenya

Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Kenya (CIF) - 2022

The average import price for silicon; containing by weight less than 99.99% of silica stood at $3,766 per ton in 2022, jumping by 24% against the previous year. In general, the import price posted a temperate expansion. The pace of growth appeared the most rapid in 2018 an increase of 61%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($8,120 per ton), while the price for China ($3,750 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 Arab Emirates (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silicon; Containing by Weight Less than 99.99% of Silicon in Kenya (FOB) - 2022

The average export price for silicon; containing by weight less than 99.99% of silica stood at $4,679 per ton in 2022, falling by -44.6% against the previous year. Overall, the export price, however, saw a strong increase. The growth pace was the most rapid in 2016 an increase of 128%. Over the period under review, the average export prices reached the peak figure at $8,713 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($5,529 per ton), while the average price for exports to Rwanda totaled $2,231 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silicon; Containing by Weight Less than 99.99% of Silicon in Kenya

Imports of silicon; containing by weight less than 99.99% of silica into Kenya surged to 13 tons in 2022, jumping by 324% compared with the previous year's figure. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 593%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of silicon; containing by weight less than 99.99% of silica surged to $49K in 2022. In general, imports enjoyed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 480% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Silicon; Containing by Weight Less than 99.99% of Silicon in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.00.57.447.7112.1%
India2.70.81.31.0-28.2%
Others0.50.30.60.3-15.7%
Total8.21.69.349.181.6%

Top Suppliers of Silicon; Containing by Weight Less than 99.99% of Silicon to Kenya in 2022:

  1. China (12.7 tons)
  2. India (0.2 tons)

Exports of Silicon; Containing by Weight Less than 99.99% of Silicon in Kenya

After two years of decline, overseas shipments of silicon; containing by weight less than 99.99% of silica increased by 949% to 661 kg in 2022. Overall, exports, however, continue to indicate a noticeable setback.

In value terms, exports of silicon; containing by weight less than 99.99% of silica surged to $3.1K in 2022. Over the period under review, exports, however, recorded a sharp slump.

Export of Silicon; Containing by Weight Less than 99.99% of Silicon in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda5.32.30.12.5-22.2%
RwandaN/AN/AN/A0.50%
Tanzania1.21.10.4N/A-42.3%
OthersN/AN/AN/A0.20%
Total6.53.50.53.1-21.9%

Top Export Markets for Silicon; Containing by Weight Less than 99.99% of Silicon from Kenya in 2022:

  1. Uganda (444.0 kg)
  2. Rwanda (216.0 kg)

Source: IndexBox Market Intelligence Platform

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