Price for Food Preparations Not Elsewhere Specified or Included in Kenya - 2022
Contents:
- Price for Food Preparations Not Elsewhere Specified or Included in Kenya (CIF) - 2022
- Price for Food Preparations Not Elsewhere Specified or Included in Kenya (FOB) - 2022
- Imports of Food Preparations Not Elsewhere Specified or Included in Kenya
- Exports of Food Preparations Not Elsewhere Specified or Included in Kenya
Price for Food Preparations Not Elsewhere Specified or Included in Kenya (CIF) - 2022
The average import price for food preparations not elsewhere specified or included stood at $3,932 per ton in 2022, increasing by 11% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for food preparations not elsewhere specified or included increased by +17.8% against 2020 indices. The pace of growth appeared the most rapid in 2015 an increase of 53%. The import price peaked at $3,994 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($11,577 per ton), while the price for the United Arab Emirates ($2,208 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Food Preparations Not Elsewhere Specified or Included in Kenya (FOB) - 2022
In 2022, the average export price for food preparations not elsewhere specified or included amounted to $2,798 per ton, growing by 6% against the previous year. Overall, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2016 an increase of 84%. The export price peaked in 2022 and is likely to see gradual growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ethiopia ($3,333 per ton), while the average price for exports to Uganda ($1,641 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 (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Food Preparations Not Elsewhere Specified or Included in Kenya
In 2022, imports of food preparations not elsewhere specified or included into Kenya totaled 25K tons, rising by 2% compared with the year before. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -12.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 106% against the previous year. As a result, imports attained the peak of 28K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of food preparations not elsewhere specified or included rose sharply to $98M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +25.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +95.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 89%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Food Preparations Not Elsewhere Specified or Included in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.4 | 3.5 | 8.6 | 31.5 | 135.9% |
| France | 7.6 | 35.4 | 14.6 | 11.9 | 16.1% |
| Ireland | 5.7 | 7.0 | 10.5 | 8.5 | 14.2% |
| South Africa | 5.4 | 4.4 | 5.2 | 5.5 | 0.6% |
| Netherlands | 0.7 | 0.7 | 2.0 | 5.3 | 96.4% |
| Germany | 5.1 | 5.0 | 5.6 | 5.1 | 0.0% |
| United States | 2.2 | 3.0 | 4.2 | 4.2 | 24.1% |
| Pakistan | N/A | N/A | 3.2 | 3.6 | 12.5% |
| Egypt | 0.6 | 0.7 | 1.1 | 1.2 | 26.0% |
| United Arab Emirates | 3.0 | 1.9 | 5.7 | 1.2 | -26.3% |
| China | 1.9 | 1.6 | 1.4 | 1.1 | -16.7% |
| Belgium | 1.2 | 1.1 | 1.6 | 0.7 | -16.4% |
| Others | 14.0 | 30.1 | 22.9 | 18.0 | 8.7% |
| Total | 49.9 | 94.5 | 86.5 | 97.7 | 25.1% |
Top Suppliers of Food Preparations Not Elsewhere Specified or Included to Kenya in 2022:
- India (9.5K tons)
- France (3.7K tons)
- Netherlands (1.7K tons)
- South Africa (1.3K tons)
- Pakistan (1.2K tons)
- Ireland (1.0K tons)
- Germany (0.8K tons)
- United Arab Emirates (0.5K tons)
- Egypt (0.4K tons)
- United States (0.4K tons)
- China (0.3K tons)
- Belgium (0.2K tons)
Exports of Food Preparations Not Elsewhere Specified or Included in Kenya
In 2022, approx. 16K tons of food preparations not elsewhere specified or included were exported from Kenya; picking up by 50% compared with the previous year. Overall, exports, however, continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 104%.
In value terms, exports of food preparations not elsewhere specified or included skyrocketed to $45M in 2022. In general, exports, however, showed a mild descent. The most prominent rate of growth was recorded in 2021 with an increase of 141%.
| Export of Food Preparations Not Elsewhere Specified or Included in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Sudan | N/A | N/A | N/A | 9.6 | 0% |
| Democratic Republic of the Congo | 5.6 | 1.6 | N/A | 7.5 | 10.2% |
| Somalia | N/A | N/A | N/A | 7.5 | 0% |
| Ethiopia | 0.9 | 0.2 | 13.6 | 5.3 | 80.6% |
| Uganda | 4.1 | 0.9 | 2.6 | 3.8 | -2.5% |
| Burundi | 11.9 | 2.6 | 3.3 | 2.7 | -39.0% |
| Mauritius | 0.5 | 0.4 | 2.6 | 1.6 | 47.4% |
| Rwanda | 16.2 | 3.2 | 2.4 | 1.3 | -56.9% |
| Others | 7.9 | 2.9 | 3.9 | 5.6 | -10.8% |
| Total | 47.2 | 11.8 | 28.4 | 45.1 | -1.5% |
Top Export Markets for Food Preparations Not Elsewhere Specified or Included from Kenya in 2022:
- South Sudan (3.4K tons)
- Democratic Republic of the Congo (2.4K tons)
- Somalia (2.4K tons)
- Uganda (2.3K tons)
- Ethiopia (1.6K tons)
- Burundi (1.0K tons)
- Mauritius (0.8K tons)
- Rwanda (0.3K tons)
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