Price for Cyanides, Cyanide Oxides and Complex Cyanides in Kenya - 2022

Contents:

  1. Price for Cyanides, Cyanide Oxides and Complex Cyanides in Kenya (CIF) - 2022
  2. Imports of Cyanides, Cyanide Oxides and Complex Cyanides in Kenya

Price for Cyanides, Cyanide Oxides and Complex Cyanides in Kenya (CIF) - 2022

The average import price for cyanides, cyanide oxides and complex cyanideses stood at $2,400 per ton in 2022, remaining constant against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 77%. As a result, import price reached the peak level of $4,528 per ton. From 2016 to 2022, the average import prices remained 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 South Africa ($7,667 per ton), while the price for India ($2,274 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+10.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Cyanides, Cyanide Oxides and Complex Cyanides in Kenya

For the fourth consecutive year, Kenya recorded growth in overseas purchases of cyanides, cyanide oxides and complex cyanideses, which increased by 32% to 66 tons in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 82% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of cyanides, cyanide oxides and complex cyanideses soared to $158K in 2022. Overall, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 66%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

Import of Cyanides, Cyanide Oxides and Complex Cyanides in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South KoreaN/AN/AN/A88.00%
ChinaN/A41.4N/A35.4-7.5%
India2.72.30.534.6134.0%
South Africa51.845.24.30.1-87.5%
Czech RepublicN/AN/A115N/A0%
OthersN/A1.8N/AN/A0%
Total54.590.712015842.6%

Top Suppliers of Cyanides, Cyanide Oxides and Complex Cyanides to Kenya in 2022:

  1. South Korea (35.9 tons)
  2. India (15.2 tons)
  3. China (14.8 tons)

Source: IndexBox Market Intelligence Platform

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