Price for Cereals; Grain Sorghum, Other than Seed in Kenya - 2022
Contents:
- Price for Cereals; Grain Sorghum, Other than Seed in Kenya (CIF) - 2022
- Price for Cereals; Grain Sorghum, Other than Seed in Kenya (FOB) - 2022
- Imports of Cereals; Grain Sorghum, Other than Seed in Kenya
- Exports of Cereals; Grain Sorghum, Other than Seed in Kenya
Price for Cereals; Grain Sorghum, Other than Seed in Kenya (CIF) - 2022
The average import price for cereals; grain sorghum, other than seeds stood at $222 per ton in 2022, which is down by -23.2% against the previous year. Over the period under review, the import price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 70% against the previous year. The import price peaked at $296 per ton in 2014; however, from 2015 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 the United States ($427 per ton), while the price for Tanzania ($55 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sudan (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Grain Sorghum, Other than Seed in Kenya (FOB) - 2022
The average export price for cereals; grain sorghum, other than seeds stood at $709 per ton in 2022, picking up by 79% against the previous year. In general, the export price, however, showed a abrupt slump. The export price peaked at $1,886 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($1,565 per ton), while the average price for exports to Zimbabwe ($617 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 Somalia (-6.3%), while the prices for the other major destinations experienced a decline.
Imports of Cereals; Grain Sorghum, Other than Seed in Kenya
After three years of growth, purchases abroad of cereals; grain sorghum, other than seeds decreased by -4% to 171K tons in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 309% against the previous year. As a result, imports attained the peak of 178K tons, and then declined modestly in the following year.
In value terms, imports of cereals; grain sorghum, other than seeds contracted rapidly to $38M in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 343%. As a result, imports reached the peak of $52M, and then plummeted in the following year.
| Import of Cereals; Grain Sorghum, Other than Seed in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.0 | 2.9 | 2.5 | 21.8 | 179.4% |
| Sudan | 2.4 | 1.6 | 6.6 | 11.0 | 66.1% |
| Tanzania | N/A | N/A | 0.7 | 5.2 | 642.9% |
| India | 0.1 | 1.6 | 6.3 | N/A | 693.7% |
| Australia | 0.4 | 5.3 | 34.5 | N/A | 828.7% |
| Others | 0.1 | 0.2 | 1.0 | N/A | 216.2% |
| Total | 4.0 | 11.6 | 51.6 | 38.0 | 111.8% |
Top Suppliers of Cereals; Grain Sorghum, Other than Seed to Kenya in 2022:
- Tanzania (94.0K tons)
- United States (51.1K tons)
- Sudan (26.0K tons)
Exports of Cereals; Grain Sorghum, Other than Seed in Kenya
In 2022, shipments abroad of cereals; grain sorghum, other than seeds decreased by 99.9% to 1.7 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a dramatic decline. The most prominent rate of growth was recorded in 2020 with an increase of 33% against the previous year. As a result, the exports reached the peak of 77K tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of cereals; grain sorghum, other than seeds reduced dramatically to $1.2K in 2022. Overall, exports faced a precipitous decrease. The pace of growth appeared the most rapid in 2020 with an increase of 37% against the previous year. As a result, the exports reached the peak of $27M. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Cereals; Grain Sorghum, Other than Seed in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 13.2 | 13.1 | 13.5 | N/A | 1.1% |
| South Sudan | 6.5 | 14.0 | 9.3 | N/A | 19.6% |
| Zimbabwe | N/A | N/A | N/A | N/A | 0% |
| France | N/A | N/A | N/A | N/A | 0% |
| Others | 0.1 | 0.2 | 0.2 | N/A | 41.4% |
| Total | 19.8 | 27.2 | 23.0 | N/A | 7.8% |
Top Export Markets for Cereals; Grain Sorghum, Other than Seed from Kenya in 2022:
- South Sudan (1500.0 kg)
- Zimbabwe (120.0 kg)
- France (62.0 kg)
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