Bovine Animals; Live Price in Kenya - 2021
Contents:
- Bovine Animals; Live Price in Kenya (CIF) - 2022
- Bovine Animals; Live Price in Kenya (FOB) - 2022
- Bovine Animals; Live Imports in Kenya
- Bovine Animals; Live Exports in Kenya
Bovine Animals; Live Price in Kenya (CIF) - 2022
In 2022, the average bovine animals; live import price amounted to $166 per unit, with a decrease of -2.9% against the previous year. Overall, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2017 an increase of 100%. As a result, import price attained the peak level of $620 per unit. From 2018 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Tanzania.
From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to -9.2% per year.
Bovine Animals; Live Price in Kenya (FOB) - 2022
The average bovine animals; live export price stood at $983 per unit in 2022, surging by 30% against the previous year. Over the period under review, the export price showed a remarkable increase. The pace of growth was the most pronounced in 2021 an increase of 216% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($1,376 per unit), while the average price for exports to Tanzania totaled $821 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Burundi (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.
Bovine Animals; Live Imports in Kenya
In 2022, approx. 40K units of bovine animals; lives were imported into Kenya; with a decrease of -6.9% on 2021. Overall, imports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2021 when imports increased by 16%. As a result, imports attained the peak of 43K units, and then contracted in the following year.
In value terms, bovine animals; live imports reduced to $6.6M in 2022. Over the period under review, imports showed a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 24% against the previous year. Over the period under review, imports reached the peak figure at $11M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Bovine Animals; Live in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 11.3 | 5.7 | 7.2 | 6.6 | -16.4% |
| Others | 0.1 | 0.2 | 0.1 | N/A | 0.0% |
| Total | 11.4 | 5.9 | 7.3 | 6.6 | -16.7% |
Top Suppliers of Bovine Animals; Live to Kenya in 2022:
- Tanzania (39.8K units)
Bovine Animals; Live Exports in Kenya
For the third consecutive year, Kenya recorded decline in shipments abroad of bovine animals; lives, which decreased by -10.8% to 421 units in 2022. Over the period under review, exports saw a sharp curtailment. The exports peaked at 2.9K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, bovine animals; live exports skyrocketed to $414K in 2022. Overall, exports showed a precipitous decline. The exports peaked at $907K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Bovine Animals; Live in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 48.8 | 76.8 | 135 | 244 | 71.0% |
| Burundi | N/A | 158 | 221 | 166 | 2.5% |
| Uganda | 83.7 | 237 | N/A | N/A | 183.2% |
| Mauritius | 765 | N/A | N/A | N/A | 0% |
| Others | 9.2 | N/A | N/A | 3.6 | -26.9% |
| Total | 907 | 471 | 356 | 414 | -23.0% |
Top Export Markets for Bovine Animals; Live from Kenya in 2022:
- Tanzania (297.0 units)
- Burundi (121.0 units)
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