Kenya - Frozen Cuts Of Turkey - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFrozen Turkey Cut Price in Kenya - 2021
Contents:
- Frozen Turkey Cut Price in Kenya (FOB) - 2022
- Frozen Turkey Cut Price in Kenya (CIF) - 2022
- Frozen Turkey Cut Exports in Kenya
- Frozen Turkey Cut Imports in Kenya
Frozen Turkey Cut Price in Kenya (FOB) - 2022
In 2022, the average frozen turkey cut export price amounted to $4,643 per ton, growing by 18% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Rwanda.
From 2012 to 2022, the rate of growth in terms of prices for Somalia amounted to +22.1% per year.
Frozen Turkey Cut Price in Kenya (CIF) - 2022
The average frozen turkey cut import price stood at $586 per ton in 2022, dropping by -69.1% against the previous year. Overall, the import price recorded a deep reduction. The growth pace was the most rapid in 2018 an increase of 317% against the previous year. The import price peaked at $1,935 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +3.2% per year.
Frozen Turkey Cut Exports in Kenya
For the third consecutive year, Kenya recorded decline in shipments abroad of frozen turkey cuts, which decreased by -26.9% to 675 kg in 2022. Over the period under review, exports continue to indicate a abrupt curtailment. The smallest decline of -7.4% was in 2020.
In value terms, frozen turkey cut exports fell to $3.1K in 2022. Overall, exports recorded a abrupt slump. The smallest decline of -12% was in 2021.
| Export of Frozen Turkey Cut in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 656 | 1,511 | 1,862 | 3,075 | 67.4% |
| Somalia | 450 | 368 | 334 | N/A | -13.8% |
| Mali | 533 | N/A | N/A | N/A | 0% |
| Uganda | N/A | 534 | N/A | N/A | 0% |
| South Sudan | 1,001 | 1,385 | 1,203 | N/A | 9.6% |
| Sudan | 356 | 103 | 189 | N/A | -27.1% |
| Others | 2,039 | 214 | 35.0 | 59.0 | -69.3% |
| Total | 5,035 | 4,115 | 3,623 | 3,134 | -14.6% |
Top Export Markets for Frozen Turkey Cut from Kenya in 2022:
- Rwanda (665.0 kg)
Frozen Turkey Cut Imports in Kenya
For the fourth year in a row, Kenya recorded growth in supplies from abroad of frozen turkey cuts, which increased by 2,400% to 25 tons in 2022. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen turkey cut imports skyrocketed to $15K in 2022. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Frozen Turkey Cut in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 14.6 | 0% |
| United Arab Emirates | 0.2 | 0.7 | 1.9 | N/A | 208.2% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 0.2 | 0.7 | 1.9 | 14.6 | 317.9% |
Top Suppliers of Frozen Turkey Cut to Kenya in 2022:
- Turkey (25.0 tons)
This report provides an in-depth analysis of the frozen turkey cut 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 10122055 - Frozen cuts of turkey
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, PRODUCING ANIMALS 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
- Producing Animals Slaughtered, 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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