Kenya - Almonds - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAlmond Price in Kenya - 2021
Contents:
- Almond Price in Kenya (CIF) - 2022
- Almond Price in Kenya (FOB) - 2022
- Almond Imports in Kenya
- Almond Exports in Kenya
Almond Price in Kenya (CIF) - 2022
In 2022, the average almond import price amounted to $8,204 per ton, jumping by 53% against the previous year. Overall, the import price showed a modest expansion. The most prominent rate of growth was recorded in 2017 an increase of 102% against the previous year. The import price peaked at $9,259 per ton in 2020; however, from 2021 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 Italy ($91,628 per ton), while the price for the United States ($1,997 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+94.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Almond Price in Kenya (FOB) - 2022
In 2022, the average almond export price amounted to $10,047 per ton, declining by -9.6% against the previous year. In general, the export price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 183%. The export price peaked at $14,651 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Luxembourg ($29,667 per ton), while the average price for exports to Uganda ($7,568 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 (+17.4%), while the prices for the other major destinations experienced mixed trend patterns.
Almond Imports in Kenya
Almond imports into Kenya skyrocketed to 15 tons in 2022, rising by 544% on 2021 figures. Over the period under review, imports saw resilient growth.
In value terms, almond imports surged to $126K in 2022. Overall, imports saw a resilient increase.
| Import of Almond in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 75.9 | 199 | 10.6 | 91.7 | 6.5% |
| Singapore | 6.5 | 21.1 | 1.4 | 14.8 | 31.6% |
| United Arab Emirates | 5.3 | 10.1 | 0.1 | 5.4 | 0.6% |
| United States | 1.6 | 5.5 | 0.5 | 4.6 | 42.2% |
| Others | 0.5 | 2.5 | 0.1 | 9.0 | 162.1% |
| Total | 89.8 | 238 | 12.7 | 126 | 12.0% |
Top Suppliers of Almond to Kenya in 2022:
- India (11.0 tons)
- United States (2.3 tons)
- United Arab Emirates (1.0 tons)
- Singapore (0.9 tons)
Almond Exports in Kenya
In 2022, shipments abroad of almonds decreased by -13.6% to 127 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 60% against the previous year.
In value terms, almond exports shrank remarkably to $1.3K in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 352% against the previous year.
| Export of Almond in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | N/A | N/A | N/A | 818 | 0% |
| Uganda | 1.0 | 565 | 957 | 280 | 554.2% |
| Luxembourg | N/A | N/A | 677 | 178 | -73.7% |
| Slovakia | 200 | N/A | N/A | N/A | 0% |
| Others | 2.0 | 353 | N/A | N/A | 17550.0% |
| Total | 203 | 918 | 1,634 | 1,276 | 84.6% |
Top Export Markets for Almond from Kenya in 2022:
- Portugal (84.0 kg)
- Uganda (37.0 kg)
- Luxembourg (6.0 kg)
This report provides an in-depth analysis of the almond 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 221 - Almonds
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
-
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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