Kenya - Grain - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGrain Price in Kenya - 2021
Contents:
- Grain Price in Kenya (CIF) - 2022
- Grain Price in Kenya (FOB) - 2022
- Grain Imports in Kenya
- Grain Exports in Kenya
Grain Price in Kenya (CIF) - 2022
The average grain import price stood at $360 per ton in 2022, rising by 23% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grain import price increased by +66.7% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 34%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($1,360 per ton), while the price for Tanzania ($241 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 (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Grain Price in Kenya (FOB) - 2022
The average grain export price stood at $144 per ton in 2022, shrinking by -57.1% against the previous year. Over the period under review, the export price saw a abrupt setback. The growth pace was the most rapid in 2014 an increase of 65% against the previous year. As a result, the export price reached the peak level of $1,050 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($1,231 per ton), while the average price for exports to Uganda ($79 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 Tanzania (+4.8%), while the prices for the other major destinations experienced mixed trend patterns.
Grain Imports in Kenya
In 2022, grain imports into Kenya reduced to 2.5M tons, stabilizing at 2021 figures. Over the period under review, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 21%.
In value terms, grain imports skyrocketed to $913M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 37% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Grain in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 104 | 107 | 90.4 | 207 | 25.8% |
| Tanzania | 44.4 | 24.9 | 123 | 166 | 55.2% |
| Russia | 101 | 115 | 109 | 157 | 15.8% |
| Australia | 4.9 | 16.8 | 177 | 153 | 214.9% |
| Lithuania | 12.0 | 6.6 | 30.9 | 64.7 | 75.4% |
| Poland | 26.8 | 21.8 | N/A | 25.6 | -1.5% |
| United States | 37.9 | 0.7 | 31.5 | 22.8 | -15.6% |
| Canada | 33.9 | 18.3 | 39.5 | 18.6 | -18.1% |
| Ukraine | 56.3 | 17.3 | 64.1 | 18.4 | -31.1% |
| Sudan | 27.7 | 10.5 | 13.7 | 11.0 | -26.5% |
| Germany | 29.5 | 40.3 | N/A | 0.6 | -72.7% |
| Latvia | 36.7 | 18.3 | 13.3 | N/A | -39.8% |
| Others | 146 | 156 | 62.6 | 67.9 | -22.5% |
| Total | 660 | 553 | 755 | 913 | 11.4% |
Top Suppliers of Grain to Kenya in 2022:
- Tanzania (691.7K tons)
- Argentina (589.4K tons)
- Russia (401.9K tons)
- Australia (371.2K tons)
- Lithuania (138.1K tons)
- United States (53.3K tons)
- Poland (51.3K tons)
- Ukraine (44.5K tons)
- Canada (38.5K tons)
- Sudan (26.0K tons)
- Germany (1.5K tons)
Grain Exports in Kenya
In 2022, shipments abroad of grain decreased by -51.3% to 44K tons, falling for the second consecutive year after two years of growth. In general, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 43%. As a result, the exports reached the peak of 104K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, grain exports shrank notably to $6.3M in 2022. Over the period under review, exports saw a significant decrease. The growth pace was the most rapid in 2020 when exports increased by 41%. As a result, the exports reached the peak of $42M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Grain in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 16.1 | 17.2 | 16.6 | 2.9 | -43.5% |
| Canada | 0.1 | 0.1 | 0.2 | 1.4 | 141.0% |
| Rwanda | 4.7 | 8.9 | 0.7 | 0.4 | -56.0% |
| Saudi Arabia | 0.1 | 0.2 | N/A | 0.2 | 26.0% |
| Israel | 0.5 | 0.6 | 0.1 | 0.2 | -26.3% |
| South Sudan | 6.5 | 14.0 | 9.4 | 0.1 | -75.1% |
| Others | 2.0 | 1.3 | 3.2 | 1.1 | -18.1% |
| Total | 30.0 | 42.4 | 30.2 | 6.3 | -40.6% |
Top Export Markets for Grain from Kenya in 2022:
- Uganda (36.4K tons)
- Canada (4.9K tons)
- Saudi Arabia (0.7K tons)
- Israel (0.5K tons)
- Rwanda (0.3K tons)
- South Sudan (0.2K tons)
This report provides an in-depth analysis of the grain 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 108 - Cereals, nes
- FCL 103 - Mixed grain
- FCL 92 - Quinoa
- FCL 15 - Wheat
- FCL 71 - Rye
- FCL 44 - Barley
- FCL 75 - Oats
- FCL 56 - Maize
- FCL 27 - Rice, paddy
- FCL 83 - Sorghum
- FCL 89 - Buckwheat
- FCL 101 - Canary seed
- FCL 94 - Fonio
- FCL 97 - Triticale
- FCL 79 - Millet
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
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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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