Price for Metals; Silver, Unwrought, (But Not Powder) in Kenya - 2022
Contents:
- Price for Metals; Silver, Unwrought, (But Not Powder) in Kenya (FOB) - 2022
- Price for Metals; Silver, Unwrought, (But Not Powder) in Kenya (CIF) - 2022
- Exports of Metals; Silver, Unwrought, (But Not Powder) in Kenya
- Imports of Metals; Silver, Unwrought, (But Not Powder) in Kenya
Price for Metals; Silver, Unwrought, (But Not Powder) in Kenya (FOB) - 2022
The average export price for metals; silver, unwrought, (but not powder) stood at $757,198 per ton in 2022, with an increase of 41% against the previous year. Overall, the export price recorded a notable expansion. The most prominent rate of growth was recorded in 2021 an increase of 85% against the previous year. Over the period under review, the average export prices reached the maximum at $945,250 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($766,057 per ton), while the average price for exports to Switzerland ($713,875 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 South Africa (+28.7%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Metals; Silver, Unwrought, (But Not Powder) in Kenya (CIF) - 2022
The average import price for metals; silver, unwrought, (but not powder) stood at $576,818 per ton in 2022, shrinking by -9.1% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average import price increased by 78%. As a result, import price reached the peak level of $832,500 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($621,000 per ton), while the price for Germany totaled $135,000 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-5.7%).
Exports of Metals; Silver, Unwrought, (But Not Powder) in Kenya
In 2022, exports of metals; silver, unwrought, (but not powder) from Kenya skyrocketed to 86 kg, with an increase of 197% against the previous year. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of metals; silver, unwrought, (but not powder) skyrocketed to $65K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Metals; Silver, Unwrought, (But Not Powder) in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 0.7 | 14.5 | 1.5 | 32.6 | 259.8% |
| United Arab Emirates | 7.4 | 1.2 | 10.1 | 26.8 | 53.6% |
| Switzerland | 9.5 | 0.9 | 4.0 | 5.7 | -15.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 17.6 | 16.6 | 15.6 | 65.1 | 54.7% |
Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Kenya in 2022:
- South Africa (43.0 kg)
- United Arab Emirates (35.0 kg)
- Switzerland (8.0 kg)
Imports of Metals; Silver, Unwrought, (But Not Powder) in Kenya
In 2022, the amount of metals; silver, unwrought, (but not powder) imported into Kenya was estimated at 11 kg, growing by 10% compared with the previous year's figure. Over the period under review, imports, however, recorded a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 43%. As a result, imports attained the peak of 20 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of metals; silver, unwrought, (but not powder) totaled $6.3K in 2022. Overall, imports, however, continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 45% against the previous year. As a result, imports reached the peak of $12K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Metals; Silver, Unwrought, (But Not Powder) in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 8.5 | 12.3 | 6.3 | 6.2 | -10.0% |
| Germany | N/A | N/A | N/A | 0.1 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.5 | 12.3 | 6.3 | 6.3 | -9.5% |
Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Kenya in 2022:
- United Arab Emirates (10.0 kg)
- Germany (1.0 kg)
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