Kenya: Market for Sulphides, Polysulphides, Dithionites And Sulphoxylates 2024

Market Size for Sulphides, Polysulphides, Dithionites And Sulphoxylates in Kenya

The Kenyan sulphides, dithionites and sulphoxylates market reduced to $X in 2022, shrinking by -4.1% against 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). In general, consumption showed a relatively flat trend pattern. Sulphides, dithionites and sulphoxylates consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Exports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Exports from Kenya

Sulphides, dithionites and sulphoxylates exports from Kenya contracted slightly to X tons in 2022, waning by -2% on 2021 figures. Over the period under review, exports showed a deep setback. The pace of growth appeared the most rapid in 2015 when exports increased by 155%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, sulphides, dithionites and sulphoxylates exports reached $X in 2022. Overall, exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2017 when exports increased by 126% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Tanzania (X tons), Uganda (X tons) and Zambia (X tons) were the main destinations of sulphides, dithionites and sulphoxylates exports from Kenya, together comprising 97% of total exports.

From 2012 to 2022, the biggest increases were recorded for Zambia (with a CAGR of +2.7%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for sulphides, dithionites and sulphoxylates exported from Kenya were Tanzania ($X), Zambia ($X) and Uganda ($X), together comprising 97% of total exports.

In terms of the main countries of destination, Zambia, with a CAGR of -1.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average sulphides, dithionites and sulphoxylates export price stood at $X per ton in 2022, increasing by 4% against the previous year. Overall, the export price, however, recorded a slight curtailment. The growth pace was the most rapid in 2019 an increase of 61% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($X per ton), while the average price for exports to Tanzania ($X 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 Uganda (+3.1%), while the prices for the other major destinations experienced a decline.

Imports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Imports into Kenya

In 2022, overseas purchases of sulphides, polysulphides, dithionites and sulphoxylates increased by 6.9% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports saw a modest expansion. The most prominent rate of growth was recorded in 2013 with an increase of 127% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, sulphides, dithionites and sulphoxylates imports reduced to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 151% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of sulphides, dithionites and sulphoxylates to Kenya, with a 68% share of total imports. Moreover, sulphides, dithionites and sulphoxylates imports from China exceeded the figures recorded by the second-largest supplier, Mongolia (X tons), threefold. India (X tons) ranked third in terms of total imports with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Mongolia (+23.9% per year) and India (+6.3% per year).

In value terms, the largest sulphides, dithionites and sulphoxylates suppliers to Kenya were China ($X), Mongolia ($X) and India ($X), with a combined 95% share of total imports.

Among the main suppliers, Mongolia, with a CAGR of +27.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average sulphides, dithionites and sulphoxylates import price stood at $X per ton in 2022, which is down by -14% against the previous year. Overall, the import price recorded a slight decline. The pace of growth was the most pronounced in 2016 when the average import price increased by 32% against the previous year. The import price peaked at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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