Kenya - Plantains - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlantain Price in Kenya - 2022
Contents:
- Plantain Price in Kenya (FOB) - 2022
- Plantain Price in Kenya (CIF) - 2022
- Plantain Exports in Kenya
- Plantain Imports in Kenya
Plantain Price in Kenya (FOB) - 2022
The average plantain export price stood at $5,569 per ton in 2022, with a decrease of -64.7% against the previous year. Overall, the export price, however, continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 an increase of 587% against the previous year. As a result, the export price attained the peak level of $15,784 per ton, and then dropped dramatically in the following year.
As there is only one major export destination, the average price level is determined by prices for Sweden.
From 2015 to 2022, the rate of growth in terms of prices for Somalia amounted to +22.5% per year.
Plantain Price in Kenya (CIF) - 2022
The average plantain import price stood at $500 per ton in 2022, remaining stable against the previous year. Overall, the import price faced a sharp shrinkage. The pace of growth was the most pronounced in 2021 a decrease of 99.9% against the previous year. Over the period under review, average import prices reached the peak figure at $3,200 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2020 to 2022, the rate of growth in terms of prices for Uganda amounted to 0.0% per year.
Plantain Exports in Kenya
After three years of growth, overseas shipments of plantains decreased by -87.9% to 274 kg in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 404%. As a result, the exports reached the peak of 2.3 tons, and then declined remarkably in the following year.
In value terms, plantain exports shrank dramatically to $1.5K in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 3,362%. As a result, the exports attained the peak of $36K, and then dropped markedly in the following year.
Export of Plantain in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | N/A | N/A | N/A | 1.5 | 0% |
Somalia | 0.1 | N/A | N/A | N/A | 0% |
Rwanda | N/A | N/A | 33.5 | N/A | 0% |
United Kingdom | N/A | N/A | 2.1 | N/A | 0% |
United Arab Emirates | 0.4 | 1.0 | N/A | N/A | 150.0% |
Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
Total | 0.6 | 1.0 | 35.7 | 1.5 | 35.7% |
Top Export Markets for Plantain from Kenya in 2022:
- Sweden (274.0 kg)
Plantain Imports in Kenya
In 2022, the amount of plantains imported into Kenya was estimated at 10 kg, therefore, remained relatively stable against the year before. Over the period under review, imports posted a significant increase. The smallest decline of 99.9% was in 2021. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, plantain imports amounted to $5 in 2022. In general, imports faced a precipitous setback. The smallest decline of 99.9% was in 2021.
Import of Plantain in Kenya (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Australia | N/A | N/A | 5.0 | 0% | |
Uganda | 14.0 | N/A | N/A | 0% | |
India | 1.0 | N/A | N/A | 0% | |
Tanzania | 1.0 | N/A | N/A | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | 16.0 | N/A | 5.0 | -44.1% |
Top Suppliers of Plantain to Kenya in 2022:
- Australia (10.0 kg)
This report provides an in-depth analysis of the plantain 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:
- FCL 489 - Plantains
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the top import markets for plantain and discover the countries with the highest import values. Find out key statistics and market insights using data from the IndexBox market intelligence platform.
Global plantain imports continue a two-year downward trend, decreasing by -15.1% y-o-y to 958K tons in 2020. While El Salvador, the second-largest importer worldwide, reduces the purchases from abroad, American and European imports steadily grow. In physical terms, supplies to the U.S. jumped by +7.6% y-o-y to 406K tons. European imports increased by +1.2% y-o-y, reaching 274K tons last year. In 2020, the average plantain import price rose slightly by +1.8% y-o-y.
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