Kenya - Frozen Crustaceans - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Crustaceans Price in Kenya - 2021
Contents:
- Frozen Crustaceans Price in Kenya (FOB) - 2022
- Frozen Crustaceans Price in Kenya (CIF) - 2022
- Frozen Crustaceans Exports in Kenya
- Frozen Crustaceans Imports in Kenya
Frozen Crustaceans Price in Kenya (FOB) - 2022
In 2022, the average frozen crustaceans export price amounted to $9,477 per ton, reducing by -18.8% against the previous year. Over the period under review, the export price continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2019 when the average export price increased by 3.3%. Over the period under review, the average export prices reached the peak figure at $16,056 per ton in 2013; however, from 2014 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 Germany ($20,667 per ton), while the average price for exports to South Africa ($3,669 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 Germany (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Frozen Crustaceans Price in Kenya (CIF) - 2022
In 2022, the average frozen crustaceans import price amounted to $3,965 per ton, with a decrease of -27% against the previous year. Over the period under review, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2016 an increase of 43%. The import price peaked at $8,454 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 France ($18,506 per ton), while the price for Tanzania ($2,891 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Frozen Crustaceans Exports in Kenya
In 2022, after three years of growth, there was significant decline in shipments abroad of frozen crustaceans, when their volume decreased by -9.8% to 175 tons. In general, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 109%.
In value terms, frozen crustaceans exports shrank sharply to $1.7M in 2022. Over the period under review, exports, however, posted significant growth. The growth pace was the most rapid in 2020 when exports increased by 86%.
| Export of Frozen Crustaceans in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 119 | 182 | 711 | 667 | 77.6% |
| Portugal | 243 | 247 | 201 | 317 | 9.3% |
| South Africa | 11.2 | 71.5 | 117 | 260 | 185.3% |
| Spain | N/A | 63.0 | 84.5 | 151 | 54.8% |
| Netherlands | 4.8 | 75.8 | 14.7 | 80.1 | 155.5% |
| Greece | 26.8 | 17.7 | 18.5 | 71.8 | 38.9% |
| France | 22.4 | 138 | N/A | 46.7 | 27.7% |
| Others | 418 | 780 | 1,123 | 69.6 | -45.0% |
| Total | 845 | 1,576 | 2,270 | 1,663 | 25.3% |
Top Export Markets for Frozen Crustaceans from Kenya in 2022:
- South Africa (71.0 tons)
- Italy (42.1 tons)
- Portugal (24.0 tons)
- Spain (16.4 tons)
- Netherlands (4.9 tons)
- France (4.9 tons)
- Greece (4.8 tons)
Frozen Crustaceans Imports in Kenya
In 2022, after three years of growth, there was significant decline in overseas purchases of frozen crustaceans, when their volume decreased by -68.9% to 32 tons. Over the period under review, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 198% against the previous year.
In value terms, frozen crustaceans imports dropped remarkably to $129K in 2022. In general, imports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 261%.
| Import of Frozen Crustaceans in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 47.7 | 136 | 161 | 84.0 | 20.8% |
| France | 1.1 | N/A | 26.2 | 37.1 | 223.1% |
| Saudi Arabia | N/A | N/A | N/A | 6.9 | 0% |
| Vietnam | 18.0 | 153 | 163 | N/A | 200.9% |
| South Africa | 0.2 | N/A | 26.6 | N/A | 1053.3% |
| Others | 16.4 | 12.3 | 189 | 0.5 | -68.8% |
| Total | 83.5 | 301 | 566 | 129 | 15.6% |
Top Suppliers of Frozen Crustaceans to Kenya in 2022:
- Tanzania (29.1 tons)
- France (2.0 tons)
- Saudi Arabia (1.0 tons)
This report provides an in-depth analysis of the frozen crustaceans 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:
- Prodcom 10203100 - Frozen crustaceans, frozen flours, meals and pellets of crustaceans, fit for human consumption
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
- 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 VOLUME AND VALUE
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
- 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
- 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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