Kenya - Cow Peas - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCow Peas Price in Kenya - 2022
Contents:
- Cow Peas Price in Kenya (FOB) - 2022
- Cow Peas Price in Kenya (CIF) - 2022
- Cow Peas Exports in Kenya
- Cow Peas Imports in Kenya
Cow Peas Price in Kenya (FOB) - 2022
The average cow peas export price stood at $414 per ton in 2022, surging by 5.6% against the previous year. Over the period under review, the export price, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 90% against the previous year. Over the period under review, the average export prices reached the maximum at $548 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($1,318 per ton), while the average price for exports to Uganda ($206 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 (+10.1%), while the prices for the other major destinations experienced mixed trend patterns.
Cow Peas Price in Kenya (CIF) - 2022
In 2022, the average cow peas import price amounted to $417 per ton, falling by -50.5% against the previous year. In general, the import price continues to indicate a deep contraction. The growth pace was the most rapid in 2020 when the average import price increased by 49%. The import price peaked at $2,559 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malawi ($810 per ton), while the price for Tanzania stood at $387 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (-2.0%), while the prices for the other major suppliers experienced a decline.
Cow Peas Exports in Kenya
In 2022, overseas shipments of cow peas (dry) decreased by -82.1% to 298 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a perceptible slump. The most prominent rate of growth was recorded in 2020 when exports increased by 1,065% against the previous year. As a result, the exports attained the peak of 3.8K tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, cow peas exports reduced markedly to $124K in 2022. Over the period under review, exports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2020 when exports increased by 1,094% against the previous year. As a result, the exports attained the peak of $1.2M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Cow Peas in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 28.0 | 138 | 365 | 95.8 | 50.7% |
| United States | 8.8 | 9.3 | 18.8 | 25.0 | 41.6% |
| Uganda | 25.6 | 697 | 6.8 | 1.9 | -58.0% |
| Democratic Republic of the Congo | N/A | N/A | 95.7 | N/A | 0% |
| United Arab Emirates | N/A | N/A | 86.9 | N/A | 0% |
| Singapore | 32.7 | 221 | 16.3 | N/A | -29.4% |
| Others | 3.8 | 116 | 63.1 | 0.9 | -38.1% |
| Total | 99.0 | 1,182 | 653 | 124 | 7.8% |
Top Export Markets for Cow Peas from Kenya in 2022:
- India (269.3 tons)
- United States (19.0 tons)
- Uganda (9.0 tons)
Cow Peas Imports in Kenya
In 2022, supplies from abroad of cow peas (dry) decreased by -35.3% to 60 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw buoyant growth. The pace of growth was the most pronounced in 2020 with an increase of 76% against the previous year.
In value terms, cow peas imports shrank notably to $25K in 2022. Overall, imports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 162% against the previous year.
| Import of Cow Peas in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | N/A | N/A | N/A | 21.6 | 0% |
| Malawi | 10.8 | 43.2 | 68.5 | 3.4 | -32.0% |
| Uganda | 6.3 | 3.7 | 8.0 | N/A | 12.7% |
| Others | 1.4 | 1.5 | 1.8 | N/A | 13.4% |
| Total | 18.5 | 48.4 | 78.3 | 25.1 | 10.7% |
Top Suppliers of Cow Peas to Kenya in 2022:
- Tanzania (55.9 tons)
- Malawi (4.2 tons)
This report provides an in-depth analysis of the cow peas 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 195 - Cow peas, dry
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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