Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Kenya - 2022

Contents:

  1. Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Kenya (CIF) - 2022
  2. Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Kenya

Price for Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Kenya (CIF) - 2022

In 2022, the average import price for chromium and articles thereof; wrought other than waste and scrap amounted to $93,375 per ton, shrinking by -34.5% against the previous year. Over the period under review, the import price, however, posted a strong increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 91%. As a result, import price reached the peak level of $142,462 per ton, and then fell dramatically in the following year.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +141.9% per year.

Imports of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Kenya

In 2022, supplies from abroad of chromium and articles thereof; wrought other than waste and scrap decreased by -84.6% to 8 kg, falling for the second year in a row after two years of growth. Over the period under review, imports showed a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 96% against the previous year. As a result, imports reached the peak of 55 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of chromium and articles thereof; wrought other than waste and scrap contracted significantly to $747 in 2022. In general, imports showed a dramatic slump. The pace of growth appeared the most rapid in 2021 with an increase of 81% against the previous year. As a result, imports reached the peak of $7.4K, and then reduced remarkably in the following year.

Import of Chromium and Articles Thereof; Wrought Other than Waste and Scrap in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/A0.20.7250.0%
Turkey3.04.10.1N/A-81.7%
United StatesN/AN/A7.1N/A0%
OthersN/AN/AN/AN/A0%
Total3.04.17.40.7-38.4%

Top Suppliers of Chromium and Articles Thereof; Wrought Other than Waste and Scrap to Kenya in 2022:

  1. United Kingdom (8.0 kg)

Source: IndexBox Market Intelligence Platform

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