Price for Cereal Flours; Other than of Wheat or Meslin in Kenya - 2022

Contents:

  1. Price for Cereal Flours; Other than of Wheat or Meslin in Kenya (CIF) - 2022
  2. Price for Cereal Flours; Other than of Wheat or Meslin in Kenya (FOB) - 2022
  3. Imports of Cereal Flours; Other than of Wheat or Meslin in Kenya
  4. Exports of Cereal Flours; Other than of Wheat or Meslin in Kenya

Price for Cereal Flours; Other than of Wheat or Meslin in Kenya (CIF) - 2022

In December 2021, the average import price for cereal flours; other than of wheat or meslin amounted to $377 per ton, remaining stable against the previous month. Over the period under review, the import price, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in October 2021 when the average import price increased by 261% m-o-m. The import price peaked at $603 per ton in July 2021; however, from August 2021 to December 2021, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Tanzania.

From January 2021 to December 2021, the rate of growth in terms of prices for Rwanda amounted to 0.0% per month.

Price for Cereal Flours; Other than of Wheat or Meslin in Kenya (FOB) - 2022

In 2022, the average export price for cereal flours; other than of wheat or meslin amounted to $697 per ton, flattening at the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 60%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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 Canada ($2,157 per ton), while the average price for exports to the United States ($485 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 (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Flours; Other than of Wheat or Meslin in Kenya

Imports of cereal flours; other than of wheat or meslin into Kenya soared to 7.2K tons in 2022, jumping by 207% compared with the year before. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cereal flours; other than of wheat or meslin soared to $3.4M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Cereal Flours; Other than of Wheat or Meslin in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania7451,1185643,24163.2%
South Africa1092682260.1-90.3%
Uganda25.9184247N/A208.8%
Others1181831551344.3%
Total9971,7531,1923,37550.2%

Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to Kenya in 2022:

  1. Tanzania (7.0K tons)

Exports of Cereal Flours; Other than of Wheat or Meslin in Kenya

For the fourth year in a row, Kenya recorded growth in shipments abroad of cereal flours; other than of wheat or meslin, which increased by 61% to 2.1K tons in 2022. Over the period under review, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 104%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, exports of cereal flours; other than of wheat or meslin surged to $1.5M in 2022. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 226%. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Cereal Flours; Other than of Wheat or Meslin in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Sudan41.696.5160748162.0%
Qatar10.188.3121542277.2%
Canada3.742.767.599.4199.5%
United States44.516136252.45.6%
Israel59.419.316.0N/A-48.1%
Others55.629319743.7-7.7%
Total2157019241,48590.4%

Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from Kenya in 2022:

  1. South Sudan (1024.2 tons)
  2. Qatar (905.3 tons)
  3. United States (108.1 tons)
  4. Canada (46.1 tons)

Source: IndexBox Market Intelligence Platform

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