Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Kenya - 2022

Contents:

1. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Kenya (CIF) - 2022
2. Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Kenya (FOB) - 2022
3. Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Kenya
4. Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Kenya

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Kenya (CIF) - 2022

In 2022, the average import price for granules and powders, of pig iron, spiegeleisen, iron or steels amounted to $1,075 per ton, falling by -7.1% against the previous year. Over the period under review, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for granules and powders, of pig iron, spiegeleisen, iron or steels increased by +24.8% against 2020 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 102% against the previous year. As a result, import price attained the peak level of $1,527 per ton. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($10,524 per ton), while the price for South Africa ($494 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Kenya (FOB) - 2022

The average export price for granules and powders, of pig iron, spiegeleisen, iron or steels stood at $1,801 per ton in 2022, picking up by 29% against the previous year. Overall, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 108%. As a result, the export price reached the peak level of $2,342 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($5,269 per ton), while the average price for exports to Tanzania ($36 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+1.2%), while the prices for the other major destinations experienced a decline.

Imports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Kenya

In 2022, supplies from abroad of granules and powders, of pig iron, spiegeleisen, iron or steels decreased by -44.8% to 129 tons, falling for the second consecutive year after two years of growth. Overall, imports showed a mild curtailment. The growth pace was the most rapid in 2020 with an increase of 89% against the previous year. As a result, imports attained the peak of 255 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of granules and powders, of pig iron, spiegeleisen, iron or steels contracted dramatically to $138K in 2022. Over the period under review, imports, however, showed a noticeable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 76% against the previous year.

Top Suppliers of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel to Kenya in 2022:

1. China (53.5 tons)
2. Turkey (33.9 tons)
3. India (30.6 tons)
4. Japan (3.9 tons)
5. Hong Kong SAR (3.9 tons)
6. South Africa (1.6 tons)
7. United Kingdom (0.3 tons)

Exports of Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel in Kenya

In 2022, shipments abroad of granules and powders, of pig iron, spiegeleisen, iron or steels decreased by -25.2% to 2.6 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 2,965% against the previous year. As a result, the exports attained the peak of 5.2 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of granules and powders, of pig iron, spiegeleisen, iron or steels declined slightly to $4.6K in 2022. In general, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 2,246% against the previous year. As a result, the exports reached the peak of $8.6K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Granules and Powders, of Pig Iron, Spiegeleisen, Iron or Steel from Kenya in 2022:

1. United States (1399.0 kg)
2. United Kingdom (847.0 kg)
3. Tanzania (302.0 kg)
4. Burundi (1.0 kg)