Price for Homogenised Composite Food Preparations in Kenya - 2021

Contents:

1. Price for Homogenised Composite Food Preparations in Kenya (CIF) - 2022
2. Price for Homogenised Composite Food Preparations in Kenya (FOB) - 2022
3. Imports of Homogenised Composite Food Preparations in Kenya
4. Exports of Homogenised Composite Food Preparations in Kenya

Price for Homogenised Composite Food Preparations in Kenya (CIF) - 2022

The average homogenised composite food preparations import price stood at $1,444 per ton in 2022, surging by 5.5% against the previous year. In general, the import price, however, continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2016 when the average import price increased by 56% against the previous year. As a result, import price attained the peak level of $2,360 per ton. From 2017 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +7.7% per year.

Price for Homogenised Composite Food Preparations in Kenya (FOB) - 2022

In 2022, the average homogenised composite food preparations export price amounted to $3,041 per ton, with a decrease of -19% against the previous year. In general, the export price, however, posted a tangible expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 201%. The export price peaked at $4,547 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sudan ($31,729 per ton), while the average price for exports to Uganda ($420 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 Burundi (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Homogenised Composite Food Preparations in Kenya

Homogenised composite food preparations imports into Kenya dropped rapidly to 340 tons in 2022, which is down by -22.6% on 2021 figures. Overall, imports recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 55% against the previous year.

In value terms, homogenised composite food preparations imports fell markedly to $491K in 2022. Over the period under review, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 58%.

Top Suppliers of Homogenised Composite Food Preparations to Kenya in 2022:

1. Spain (336.4 tons)

Exports of Homogenised Composite Food Preparations in Kenya

In 2022, approx. 2.5 tons of homogenised composite food preparationses were exported from Kenya; waning by -24.5% on 2021 figures. In general, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 442%. As a result, the exports reached the peak of 3.3 tons, and then contracted remarkably in the following year.

In value terms, homogenised composite food preparations exports dropped notably to $7.6K in 2022. Overall, exports, however, posted a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 347%. As a result, the exports attained the peak of $12K, and then shrank rapidly in the following year.

Top Export Markets for Homogenised Composite Food Preparations from Kenya in 2022:

1. Uganda (2003.0 kg)
2. Somalia (136.0 kg)
3. Sudan (131.0 kg)
4. South Sudan (118.0 kg)
5. Democratic Republic of the Congo (101.0 kg)