Kenya: Chlorides Market 2024

Chlorides Market Size in Kenya

The Kenyan chlorides market contracted to $X in 2021, almost unchanged from the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a resilient expansion. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Chlorides Exports

Exports from Kenya

In 2021, approx. X tons of chlorides (excluding ammonium chloride) were exported from Kenya; growing by 107% compared with the previous year's figure. In general, exports recorded a resilient expansion. The pace of growth was the most pronounced in 2014 when exports increased by 1,179%. As a result, the exports reached the peak of X tons. From 2015 to 2021, the growth of the exports failed to regain momentum.

In value terms, chlorides exports soared to $X in 2021. Over the period under review, exports recorded a tangible expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 2,372%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Uganda (X tons) was the main destination for chlorides exports from Kenya, accounting for a 61% share of total exports. Moreover, chlorides exports to Uganda exceeded the volume sent to the second major destination, Rwanda (X tons), sixfold. Burundi (X tons) ranked third in terms of total exports with an 8.9% share.

From 2012 to 2021, the average annual growth rate of volume to Uganda amounted to +20.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (+23.8% per year) and Burundi (+26.0% per year).

In value terms, the largest markets for chlorides exported from Kenya were Uganda ($X), Rwanda ($X) and Burundi ($X), with a combined 78% share of total exports.

Rwanda, with a CAGR of +29.7%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average chlorides export price amounted to $X per ton, dropping by -18.8% against the previous year. In general, the export price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 93%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Rwanda ($X per ton), while the average price for exports to Uganda ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Chlorides Imports

Imports into Kenya

In 2021, chlorides imports into Kenya was estimated at X tons, picking up by 11% against the year before. In general, imports saw a strong expansion. The pace of growth appeared the most rapid in 2013 when imports increased by 95% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, chlorides imports reached $X in 2021. Overall, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +6.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +126.6% against 2015 indices. The pace of growth appeared the most rapid in 2013 when imports increased by 73%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

India (X tons), China (X tons) and Spain (X tons) were the main suppliers of chlorides imports to Kenya, with a combined 90% share of total imports. Hong Kong SAR, South Africa and Mozambique lagged somewhat behind, together comprising a further 7.6%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hong Kong SAR (with a CAGR of +100.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest chlorides suppliers to Kenya were India ($X), China ($X) and Spain ($X), with a combined 76% share of total imports. Hong Kong SAR, South Africa and Mozambique lagged somewhat behind, together accounting for a further 4.5%.

In terms of the main suppliers, Hong Kong SAR, with a CAGR of +33.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average chlorides import price amounted to $X per ton, which is down by -8.8% against the previous year. Overall, the import price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 13%. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Mozambique ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mozambique (+103.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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