Price for Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in Kenya - 2022

Contents:

1. Price for Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in Kenya (FOB) - 2022
2. Price for Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in Kenya (CIF) - 2022
3. Exports of Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in Kenya
4. Imports of Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in Kenya

Price for Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in Kenya (FOB) - 2022

The average export price for compounds, inorganic or organic, of mercury, excluding amalgamses stood at $959 per ton in 2022, which is down by -99.1% against the previous year. Overall, the export price continues to indicate a precipitous slump. The pace of growth was the most pronounced in 2017 when the average export price increased by 89% against the previous year. The export price peaked at $120,889 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Malawi.

From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to +54.4% per year.

Price for Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in Kenya (CIF) - 2022

In 2022, the average import price for compounds, inorganic or organic, of mercury, excluding amalgamses amounted to $36,769 per ton, increasing by 459% against the previous year. Overall, the import price continues to indicate a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($114,000 per ton), while the price for India stood at $30,333 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in Kenya

In 2022, exports of compounds, inorganic or organic, of mercury, excluding amalgamses from Kenya surged to 3.9 tons, with an increase of 42,989% compared with the previous year's figure. Overall, exports enjoyed 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 compounds, inorganic or organic, of mercury, excluding amalgamses surged to $3.7K in 2022. Over the period under review, exports recorded a relatively flat trend pattern.

Top Export Markets for Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams from Kenya in 2022:

1. Malawi (3.8 tons)

Imports of Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams in Kenya

For the third year in a row, Kenya recorded decline in purchases abroad of compounds, inorganic or organic, of mercury, excluding amalgamses, which decreased by -89.8% to 13 kg in 2022. Overall, imports showed a sharp shrinkage. The smallest decline of -19.5% was in 2020.

In value terms, imports of compounds, inorganic or organic, of mercury, excluding amalgamses reduced rapidly to $478 in 2022. In general, imports showed a sharp curtailment. The pace of growth was the most pronounced in 2020 with an increase of 59% against the previous year. As a result, imports reached the peak of $4.7K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Compounds, Inorganic or Organic, of Mercury, Excluding Amalgams to Kenya in 2022:

1. India (12.0 kg)
2. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform