Price for Buckwheat, Millet and Canary Seed; Other Cereals in Kenya - 2022
Contents:
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Kenya (CIF) - 2022
- Price for Buckwheat, Millet and Canary Seed; Other Cereals in Kenya (FOB) - 2022
- Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Kenya
- Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Kenya
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Kenya (CIF) - 2022
The average import price for buckwheat, millet and canary seed; other cerealses stood at $240 per ton in December 2021, which is down by -30.2% against the previous month. Over the period under review, the import price saw a perceptible decline. The most prominent rate of growth was recorded in March 2021 when the average import price increased by 100% m-o-m. Over the period under review, average import prices hit record highs at $554 per ton in April 2021; however, from May 2021 to December 2021, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Tanzania ($273 per ton), while the price for Ethiopia stood at $132 per ton.
From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Ethiopia (0.0%).
Price for Buckwheat, Millet and Canary Seed; Other Cereals in Kenya (FOB) - 2022
The average export price for buckwheat, millet and canary seed; other cerealses stood at $527 per ton in 2022, remaining constant against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 41%. Over the period under review, the average export prices reached the peak figure at $1,119 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($1,781 per ton), while the average price for exports to Saudi Arabia ($263 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 (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Buckwheat, Millet and Canary Seed; Other Cereals in Kenya
After three years of growth, purchases abroad of buckwheat, millet and canary seed; other cerealses decreased by -15.5% to 18K tons in 2022. In general, imports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 93% against the previous year. As a result, imports reached the peak of 21K tons, and then fell rapidly in the following year.
In value terms, imports of buckwheat, millet and canary seed; other cerealses shrank rapidly to $6M in 2022. Overall, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 105% against the previous year. As a result, imports attained the peak of $7.7M, and then fell remarkably in the following year.
| Import of Buckwheat, Millet and Canary Seed; Other Cereals in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 0.2 | 0.6 | 2.7 | 5.7 | 205.5% |
| Ethiopia | N/A | N/A | 0.8 | 0.3 | -62.5% |
| Uganda | 2.8 | 2.8 | 3.8 | N/A | 16.5% |
| Others | N/A | 0.3 | 0.3 | 0.1 | -42.3% |
| Total | 3.1 | 3.7 | 7.7 | 6.0 | 24.6% |
Top Suppliers of Buckwheat, Millet and Canary Seed; Other Cereals to Kenya in 2022:
- Tanzania (16.4K tons)
- Ethiopia (1.2K tons)
Exports of Buckwheat, Millet and Canary Seed; Other Cereals in Kenya
Exports of buckwheat, millet and canary seed; other cerealses from Kenya reduced sharply to 843 tons in 2022, with a decrease of -51.7% against the previous year. Overall, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 102%. As a result, the exports attained the peak of 1.7K tons, and then reduced rapidly in the following year.
In value terms, exports of buckwheat, millet and canary seed; other cerealses contracted sharply to $445K in 2022. Over the period under review, exports continue to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 165% against the previous year. As a result, the exports reached the peak of $929K, and then plummeted in the following year.
| Export of Buckwheat, Millet and Canary Seed; Other Cereals in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 99.1 | 67.1 | 364 | 245 | 35.2% |
| Saudi Arabia | 20.1 | 63.1 | 54.5 | 176 | 106.1% |
| United Kingdom | N/A | N/A | N/A | 9.0 | 0% |
| Israel | 30.3 | N/A | 117 | 4.8 | -45.9% |
| Burundi | 537 | 111 | N/A | N/A | -79.3% |
| United States | 61.3 | 79.9 | 287 | N/A | 116.4% |
| Others | 0.9 | 28.6 | 106 | 10.2 | 124.6% |
| Total | 749 | 350 | 929 | 445 | -15.9% |
Top Export Markets for Buckwheat, Millet and Canary Seed; Other Cereals from Kenya in 2022:
- Saudi Arabia (668.1 tons)
- Canada (137.3 tons)
- United Kingdom (19.4 tons)
- Israel (9.8 tons)
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