Price for Copper Oxides and Hydroxides in Kenya - 2021

Contents:

1. Price for Copper Oxides and Hydroxides in Kenya (CIF) - 2022
2. Price for Copper Oxides and Hydroxides in Kenya (FOB) - 2022
3. Imports of Copper Oxides and Hydroxides in Kenya
4. Exports of Copper Oxides and Hydroxides in Kenya

Price for Copper Oxides and Hydroxides in Kenya (CIF) - 2022

In 2022, the average copper oxides and hydroxides import price amounted to $8,829 per ton, reducing by -6.8% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 40% against the previous year. As a result, import price attained the peak level of $9,476 per ton, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($13,873 per ton), while the price for Australia ($7,485 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Copper Oxides and Hydroxides in Kenya (FOB) - 2022

The average copper oxides and hydroxides export price stood at $2,778 per ton in 2022, growing by 14% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 632%. As a result, the export price attained the peak level of $24,404 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($3,143 per ton), while the average price for exports to Burundi ($1,000 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 (+11.6%).

Imports of Copper Oxides and Hydroxides in Kenya

In 2022, copper oxides and hydroxides imports into Kenya dropped remarkably to 50 tons, shrinking by -34.4% against 2021. In general, imports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 221% against the previous year. As a result, imports attained the peak of 76 tons, and then fell rapidly in the following year.

In value terms, copper oxides and hydroxides imports dropped markedly to $439K in 2022. Over the period under review, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 350% against the previous year. As a result, imports attained the peak of $719K, and then reduced remarkably in the following year.

Top Suppliers of Copper Oxides and Hydroxides to Kenya in 2022:

1. United States (26.0 tons)
2. Australia (17.3 tons)
3. United Kingdom (3.6 tons)
4. India (1.1 tons)

Exports of Copper Oxides and Hydroxides in Kenya

In 2022, copper oxides and hydroxides exports from Kenya totaled 18 kg, approximately mirroring 2021. The total export volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 5.9%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, copper oxides and hydroxides exports expanded sharply to $50 in 2022. Overall, exports saw a abrupt curtailment.

Top Export Markets for Copper Oxides and Hydroxides from Kenya in 2022:

1. Democratic Republic of the Congo (14.0 kg)
2. Burundi (1.0 kg)
3. Tanzania (1.0 kg)
4. Rwanda (1.0 kg)
5. Uganda (1.0 kg)

Source: IndexBox Market Intelligence Platform