Price for Cereal Grains; Rolled or Flaked, of Oats in Kenya - 2022

Contents:

1. Price for Cereal Grains; Rolled or Flaked, of Oats in Kenya (CIF) - 2022
2. Price for Cereal Grains; Rolled or Flaked, of Oats in Kenya (FOB) - 2022
3. Imports of Cereal Grains; Rolled or Flaked, of Oats in Kenya
4. Exports of Cereal Grains; Rolled or Flaked, of Oats in Kenya

Price for Cereal Grains; Rolled or Flaked, of Oats in Kenya (CIF) - 2022

In 2022, the average import price for cereal grains; rolled or flaked, of oatses amounted to $820 per ton, standing approx. at the previous year. Over the period under review, the import price continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2013 an increase of 16% against the previous year. Over the period under review, average import prices attained the maximum at $1,436 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($1,718 per ton), while the price for the United Arab Emirates ($361 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Cereal Grains; Rolled or Flaked, of Oats in Kenya (FOB) - 2022

In 2022, the average export price for cereal grains; rolled or flaked, of oatses amounted to $2,077 per ton, growing by 6% against the previous year. In general, the export price, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2014 an increase of 20%. As a result, the export price attained the peak level of $3,704 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($3,289 per ton), while the average price for exports to Uganda ($1,726 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 (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cereal Grains; Rolled or Flaked, of Oats in Kenya

In 2022, supplies from abroad of cereal grains; rolled or flaked, of oatses decreased by -8.8% to 1.2K tons, falling for the second consecutive year after two years of growth. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 260%. As a result, imports attained the peak of 1.4K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of cereal grains; rolled or flaked, of oatses reduced to $974K in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 281% against the previous year. As a result, imports reached the peak of $1.2M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Cereal Grains; Rolled or Flaked, of Oats to Kenya in 2022:

1. Malaysia (331.0 tons)
2. Spain (328.2 tons)
3. United Kingdom (249.8 tons)
4. Latvia (99.0 tons)
5. Turkey (45.6 tons)
6. United Arab Emirates (31.8 tons)
7. Sri Lanka (25.8 tons)
8. Australia (24.7 tons)

Exports of Cereal Grains; Rolled or Flaked, of Oats in Kenya

In 2022, the amount of cereal grains; rolled or flaked, of oatses exported from Kenya soared to 32 tons, with an increase of 72% against the year before. Overall, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cereal grains; rolled or flaked, of oatses surged to $66K in 2022. In general, exports, however, recorded a relatively flat trend pattern.

Top Export Markets for Cereal Grains; Rolled or Flaked, of Oats from Kenya in 2022:

1. Tanzania (24.8 tons)
2. Uganda (5.0 tons)
3. Democratic Republic of the Congo (1.3 tons)
4. Rwanda (0.8 tons)

Source: IndexBox Market Intelligence Platform