Report Update Nov 1, 2024

Kenya - Phosphoric Acid and Polyphosphoric Acids - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Phosphoric Acid Market 2024

Phosphoric Acid Market Size in Kenya

The Kenyan phosphoric acid market reached $X in 2022, flattening at the previous year. Over the period under review, consumption, however, recorded a mild decrease. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Phosphoric Acid Production in Kenya

In value terms, phosphoric acid production totaled $X in 2022 estimated in export price. In general, production, however, continues to indicate a mild slump. The pace of growth appeared the most rapid in 2015 with an increase of 30%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a somewhat lower figure.

Phosphoric Acid Exports

Exports from Kenya

In 2022, approx. X tons of phosphoric acid and polyphosphoric acids were exported from Kenya; waning by -38.1% compared with 2021 figures. Over the period under review, exports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2021 with an increase of 321% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, phosphoric acid exports fell sharply to $X in 2022. In general, exports continue to indicate a noticeable setback. The growth pace was the most rapid in 2021 when exports increased by 582% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Burundi (X tons), Uganda (X tons) and Rwanda (X tons) were the main destinations of phosphoric acid exports from Kenya, together comprising 89% of total exports. Tanzania and Seychelles lagged somewhat behind, together accounting for a further 11%.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Seychelles (with a CAGR of +35.5%), while the other leaders experienced more modest paces of growth.

In value terms, Burundi ($X), Uganda ($X) and Rwanda ($X) were the largest markets for phosphoric acid exported from Kenya worldwide, together comprising 93% of total exports.

Uganda, with a CAGR of +23.8%, saw the highest rates of growth with regard to the value of exports, in terms of 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 2022, the average phosphoric acid export price amounted to $X per ton, declining by -7.3% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 67%. The export price peaked at $X per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($X per ton), while the average price for exports to Tanzania ($X per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Phosphoric Acid Imports

Imports into Kenya

After two years of growth, purchases abroad of phosphoric acid and polyphosphoric acids decreased by -8.7% to X tons in 2022. In general, imports, however, recorded a measured increase. The pace of growth was the most pronounced in 2021 with an increase of 21%. As a result, imports reached the peak of X tons, and then dropped in the following year.

In value terms, phosphoric acid imports contracted to $X in 2022. Over the period under review, imports, however, continue to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, imports attained the peak of $X, and then contracted in the following year.

Imports by Country

In 2022, China (X tons) was the main phosphoric acid supplier to Kenya, accounting for a 94% share of total imports. Moreover, phosphoric acid imports from China exceeded the figures recorded by the second-largest supplier, India (X tons), more than tenfold.

From 2013 to 2022, the average annual growth rate of volume from China totaled +3.5%.

In value terms, China ($X) constituted the largest supplier of phosphoric acid and polyphosphoric acids to Kenya, comprising 94% of total imports. The second position in the ranking was taken by India ($X), with a 4.7% share of total imports.

From 2013 to 2022, the average annual rate of growth in terms of value from China amounted to +3.3%.

Import Prices by Country

The average phosphoric acid import price stood at $X per ton in 2022, which is down by -6.6% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 17%. As a result, import price attained the peak level of $X per ton, and then contracted in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for India totaled $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.2%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for phosphoric acid and polyphosphoric acids in the world?

The countries with the highest volumes of in 2021 were India, Russia and China, together comprising 65% of global consumption.

What are the largest producers of phosphoric acid and polyphosphoric acids in the world?

The countries with the highest volumes of in 2021 were China, Russia and Morocco, together comprising 68% of global production. The United States, Jordan, Japan, Senegal, Egypt and Mexico lagged somewhat behind, together accounting for a further 17%.

What are the leading suppliers of phosphoric acid and polyphosphoric acids to Kenya?

In value terms, China constituted the largest supplier of phosphoric acid to Kenya, comprising 81% of total imports. The second position in the ranking was occupied by Vietnam, with a 7.8% share of total imports. It was followed by Israel, with a 6.6% share.

What are the leading importers of phosphoric acid and polyphosphoric acids from Kenya?

In value terms, the largest markets for phosphoric acid exported from Kenya were Uganda, Burundi and Ethiopia, with a combined 91% share of total exports.

What is the average export price for phosphoric acid and polyphosphoric acids in Kenya?

The average phosphoric acid export price stood at $1,970 per ton in 2021, with an increase of 31% against the previous year.

What is the average import price for phosphoric acid and polyphosphoric acids in Kenya?

The average phosphoric acid import price stood at $1,125 per ton in 2021, growing by 19% against the previous year.

This report provides an in-depth analysis of the phosphoric acid market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20132455 - Phosphoric acid and polyphosphoric acids

Country coverage:

Kenya

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Kenya
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023