Price for Cheese of All Kinds, Grated or Powdered in Kenya - 2022

Contents:

  1. Price for Cheese of All Kinds, Grated or Powdered in Kenya (FOB) - 2022
  2. Price for Cheese of All Kinds, Grated or Powdered in Kenya (CIF) - 2022
  3. Exports of Cheese of All Kinds, Grated or Powdered in Kenya
  4. Imports of Cheese of All Kinds, Grated or Powdered in Kenya

Price for Cheese of All Kinds, Grated or Powdered in Kenya (FOB) - 2022

The average export price for cheese of all kinds, grated or powdered stood at $14,365 per ton in 2022, growing by 52% against the previous year. Overall, the export price saw resilient growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 53%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

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 Rwanda amounted to +9.5% per year.

Price for Cheese of All Kinds, Grated or Powdered in Kenya (CIF) - 2022

In 2022, the average import price for cheese of all kinds, grated or powdered amounted to $6,986 per ton, surging by 15% against the previous year. Over the period under review, the import price, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 an increase of 38%. Over the period under review, average import prices reached the maximum at $10,614 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Netherlands ($10,000 per ton), while the price for Denmark ($6,653 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Cheese of All Kinds, Grated or Powdered in Kenya

In 2022, overseas shipments of cheese of all kinds, grated or powdered were finally on the rise to reach 915 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports enjoyed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cheese of all kinds, grated or powdered soared to $13K in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cheese of All Kinds, Grated or Powdered in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda16655.045.01,448105.9%
Somalia70880.02.0N/A-94.7%
South Sudan435N/A12.0N/A-83.4%
Ethiopia3,170831821N/A-49.1%
Others31.01.063.011,696622.6%
Total4,51096794313,14442.8%

Top Export Markets for Cheese of All Kinds, Grated or Powdered from Kenya in 2022:

  1. Rwanda (160.0 kg)

Imports of Cheese of All Kinds, Grated or Powdered in Kenya

For the third consecutive year, Kenya recorded decline in purchases abroad of cheese of all kinds, grated or powdered, which decreased by -90.8% to 938 kg in 2022. Over the period under review, imports saw a precipitous shrinkage. The smallest decline of -8.7% was in 2020.

In value terms, imports of cheese of all kinds, grated or powdered fell sharply to $6.6K in 2022. Overall, imports recorded a dramatic curtailment. The smallest decline of -12.1% was in 2021.

Import of Cheese of All Kinds, Grated or Powdered in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark7.87.82.34.7-15.5%
Germany4.08.45.21.5-27.9%
Netherlands0.31.00.50.30.0%
United Arab Emirates3.111.628.6N/A203.7%
Rwanda50.627.6N/AN/A-45.5%
France7.28.92.5N/A-41.1%
Egypt2.03.31.8N/A-5.1%
South Africa2.90.320.0N/A162.6%
Others1.71.10.40.1-61.1%
Total79.569.961.46.6-56.4%

Top Suppliers of Cheese of All Kinds, Grated or Powdered to Kenya in 2022:

  1. Denmark (703.0 kg)
  2. Germany (200.0 kg)
  3. Netherlands (27.0 kg)

Source: IndexBox Market Intelligence Platform

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