Kenya - Cherries - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCherry Price in Kenya - 2022
Contents:
- Cherry Price in Kenya (CIF) - 2022
- Cherry Price in Kenya (FOB) - 2022
- Cherry Imports in Kenya
- Cherry Exports in Kenya
Cherry Price in Kenya (CIF) - 2022
In 2022, the average cherry import price amounted to $3,489 per ton, leveling off at the previous year. In general, the import price, however, saw a pronounced slump. The pace of growth was the most pronounced in 2019 when the average import price increased by 47% against the previous year. The import price peaked at $5,436 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($4,279 per ton), while the price for South Africa ($1,473 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+15.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Cherry Price in Kenya (FOB) - 2022
The average cherry export price stood at $1,778 per ton in 2022, rising by 32% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 116%. The export price peaked at $7,654 per ton in 2016; however, from 2017 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 Democratic Republic of the Congo.
From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to -5.2% per year.
Cherry Imports in Kenya
In 2022, supplies from abroad of cherries decreased by -13.3% to 53 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 74% against the previous year.
In value terms, cherry imports fell to $186K in 2022. Overall, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 110% against the previous year.
| Import of Cherry in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 46.9 | 102 | 162 | 135 | 42.3% |
| Turkey | 5.2 | 18.9 | 5.9 | 24.3 | 67.2% |
| South Africa | 3.2 | 12.4 | 16.3 | 12.3 | 56.6% |
| Netherlands | 1.9 | 0.6 | 3.2 | 9.9 | 73.4% |
| Spain | 3.9 | 6.4 | 12.8 | 1.1 | -34.4% |
| Others | 6.1 | 0.8 | 13.6 | 3.7 | -15.4% |
| Total | 67.2 | 141 | 213 | 186 | 40.4% |
Top Suppliers of Cherry to Kenya in 2022:
- Egypt (31.5 tons)
- Turkey (9.8 tons)
- South Africa (8.3 tons)
- Netherlands (2.9 tons)
- Spain (0.3 tons)
Cherry Exports in Kenya
In 2022, after three years of growth, there was significant decline in overseas shipments of cherries, when their volume decreased by -95.5% to 90 kg. In general, exports continue to indicate a dramatic curtailment. The growth pace was the most rapid in 2020 when exports increased by 81% against the previous year.
In value terms, cherry exports dropped rapidly to $160 in 2022. Overall, exports recorded a sharp contraction. The pace of growth was the most pronounced in 2020 when exports increased by 54%.
| Export of Cherry in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | N/A | N/A | N/A | 0.2 | 0% |
| Uganda | 1.5 | 2.3 | 2.0 | N/A | 15.5% |
| Others | 0.1 | N/A | 0.7 | N/A | 164.6% |
| Total | 1.5 | 2.3 | 2.7 | 0.2 | -48.9% |
Top Export Markets for Cherry from Kenya in 2022:
- Democratic Republic of the Congo (90.0 kg)
This report provides an in-depth analysis of the cherry 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 531 - Cherries
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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