Price for Frozen Concentrated Orange Juice in Kenya - 2022
Contents:
- Price for Frozen Concentrated Orange Juice in Kenya (CIF) - 2022
- Price for Frozen Concentrated Orange Juice in Kenya (FOB) - 2022
- Imports of Frozen Concentrated Orange Juice in Kenya
- Exports of Frozen Concentrated Orange Juice in Kenya
Price for Frozen Concentrated Orange Juice in Kenya (CIF) - 2022
The average frozen concentrated orange juice import price stood at $2,360 per ton in 2022, rising by 11% against the previous year. In general, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, frozen concentrated orange juice import price decreased by -4.7% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by 42%. Over the period under review, average import prices attained the peak figure at $2,476 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($3,833 per ton), while the price for Rwanda ($857 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 (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Frozen Concentrated Orange Juice in Kenya (FOB) - 2022
In 2022, the average frozen concentrated orange juice export price amounted to $765 per ton, waning by -17.4% against the previous year. Overall, the export price saw a abrupt downturn. The growth pace was the most rapid in 2016 an increase of 36%. Over the period under review, the average export prices attained the peak figure at $1,616 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($2,412 per ton), while the average price for exports to Democratic Republic of the Congo ($509 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 Zambia (+21.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Frozen Concentrated Orange Juice in Kenya
After two years of decline, purchases abroad of frozen concentrated orange juice increased by 42% to 60 tons in 2022. Overall, imports, however, faced a precipitous decline.
In value terms, frozen concentrated orange juice imports soared to $141K in 2022. Over the period under review, imports, however, recorded a dramatic decline.
| Import of Frozen Concentrated Orange Juice in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 226 | 142 | 68.1 | 114 | -20.4% |
| France | 11.7 | 7.4 | 2.6 | 8.2 | -11.2% |
| Brazil | 10.1 | 20.3 | 2.4 | 6.3 | -14.6% |
| Italy | 6.3 | 4.2 | 2.6 | 3.8 | -15.5% |
| United Arab Emirates | 0.2 | 0.1 | 1.8 | 2.7 | 138.1% |
| Netherlands | 14.4 | 4.2 | 3.4 | 2.4 | -45.0% |
| Rwanda | 4.1 | 2.4 | 1.1 | 1.7 | -25.4% |
| Egypt | 12.8 | 3.3 | 0.6 | 0.2 | -75.0% |
| Others | 1.9 | 8.5 | 6.2 | 1.5 | -7.6% |
| Total | 288 | 192 | 88.8 | 141 | -21.2% |
Top Suppliers of Frozen Concentrated Orange Juice to Kenya in 2022:
- United States (49.6 tons)
- Brazil (2.8 tons)
- France (2.5 tons)
- Rwanda (1.9 tons)
- Italy (1.0 tons)
- United Arab Emirates (0.9 tons)
- Netherlands (0.7 tons)
- Egypt (0.1 tons)
Exports of Frozen Concentrated Orange Juice in Kenya
In 2022, the amount of frozen concentrated orange juice exported from Kenya surged to 3.4 tons, with an increase of 405% against the previous year's figure. Overall, exports saw a mild increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, frozen concentrated orange juice exports soared to $2.6K in 2022. Over the period under review, exports, however, continue to indicate a abrupt decrease.
| Export of Frozen Concentrated Orange Juice in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 1,709 | 187 | 359 | 1,218 | -10.7% |
| Rwanda | 1,299 | 2,062 | 73.0 | 866 | -12.6% |
| Seychelles | 495 | 800 | 124 | 398 | -7.0% |
| Others | 279 | 1,568 | 72.0 | 140 | -20.5% |
| Total | 3,782 | 4,617 | 628 | 2,622 | -11.5% |
Top Export Markets for Frozen Concentrated Orange Juice from Kenya in 2022:
- Democratic Republic of the Congo (2391.0 kg)
- Seychelles (643.0 kg)
- Rwanda (359.0 kg)
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