Dried Apricot Price in Kenya - 2021
Contents:
- Dried Apricot Price in Kenya (CIF) - 2022
- Dried Apricot Price in Kenya (FOB) - 2022
- Dried Apricot Imports in Kenya
- Dried Apricot Exports in Kenya
Dried Apricot Price in Kenya (CIF) - 2022
The average dried apricot import price stood at $2,797 per ton in 2022, dropping by -5.3% against the previous year. Over the period under review, the import price recorded a noticeable decline. The most prominent rate of growth was recorded in 2015 when the average import price increased by 34% against the previous year. Over the period under review, average import prices attained the maximum at $6,106 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($8,706 per ton), while the price for Pakistan ($2,221 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 Arab Emirates (+17.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Dried Apricot Price in Kenya (FOB) - 2022
The average dried apricot export price stood at $1,692 per ton in 2022, with an increase of 124% against the previous year. In general, the export price, however, continues to indicate a abrupt descent. The export price peaked at $5,762 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Luxembourg.
From 2013 to 2022, the rate of growth in terms of prices for Luxembourg amounted to -15.4% per year.
Dried Apricot Imports in Kenya
Dried apricot imports into Kenya totaled 9.2 tons in 2022, stabilizing at the year before. The total import volume increased at an average annual rate of +7.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 24%. As a result, imports attained the peak of 9.3 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, dried apricot imports dropped modestly to $26K in 2022. In general, imports, however, continue to indicate a pronounced downturn. The growth pace was the most rapid in 2021 with an increase of 8.5% against the previous year.
| Import of Dried Apricot in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 10.3 | 4.9 | 6.4 | 6.9 | -12.5% |
| Pakistan | 12.1 | 4.3 | 0.9 | 6.0 | -20.8% |
| Turkey | 0.7 | 3.1 | 7.0 | 5.0 | 92.6% |
| India | 1.8 | 2.7 | 4.0 | 2.9 | 17.2% |
| United Arab Emirates | 0.1 | 6.0 | 0.2 | 2.2 | 180.2% |
| Germany | 3.1 | 2.0 | 2.2 | 1.5 | -21.5% |
| Singapore | 0.8 | 0.7 | 0.9 | 0.5 | -14.5% |
| United States | N/A | N/A | 2.4 | N/A | 0% |
| Afghanistan | N/A | 0.2 | 1.1 | N/A | 450.0% |
| Others | 0.7 | 0.9 | 1.9 | 0.7 | 0.0% |
| Total | 29.5 | 24.8 | 26.9 | 25.8 | -4.4% |
Top Suppliers of Dried Apricot to Kenya in 2022:
- Pakistan (2.7 tons)
- United Kingdom (2.7 tons)
- Turkey (2.2 tons)
- United Arab Emirates (0.6 tons)
- India (0.5 tons)
- Singapore (0.2 tons)
- Germany (0.2 tons)
Dried Apricot Exports in Kenya
In 2022, the amount of dried apricots exported from Kenya surged to 65 kg, jumping by 23% on the year before. In general, exports, however, recorded a deep downturn.
In value terms, dried apricot exports soared to $110 in 2022. Overall, exports, however, faced a precipitous shrinkage.
| Export of Dried Apricot in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Luxembourg | N/A | N/A | 18.0 | 110 | 511.1% |
| Uganda | N/A | N/A | 22.0 | N/A | 0% |
| Others | 321 | N/A | N/A | N/A | 0% |
| Total | 321 | N/A | 40.0 | 110 | -30.0% |
Top Export Markets for Dried Apricot from Kenya in 2022:
- Luxembourg (65.0 kg)
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