Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Kenya - 2022

Contents:

  1. Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Kenya (FOB) - 2022
  2. Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Kenya (CIF) - 2022
  3. Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Kenya
  4. Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Kenya

Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Kenya (FOB) - 2022

The average export price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $5,622 per ton in 2022, which is down by -6.9% against the previous year. Over the period under review, the export price recorded a slight slump. The growth pace was the most rapid in 2015 when the average export price increased by 16%. The export price peaked at $8,308 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($24,075 per ton), while the average price for exports to Uganda ($4,816 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 the UK (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Kenya (CIF) - 2022

The average import price for nuts, edible; cashew nuts, shelled, fresh or drieds stood at $5,806 per ton in 2022, waning by -9.4% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 55% against the previous year. Over the period under review, average import prices reached the maximum at $10,814 per ton in 2018; however, from 2019 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 Tanzania ($5,897 per ton), while the price for China amounted to $215 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Kenya

After three years of growth, shipments abroad of nuts, edible; cashew nuts, shelled, fresh or drieds decreased by -36.2% to 265 tons in 2022. Over the period under review, exports, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 75% against the previous year.

In value terms, exports of nuts, edible; cashew nuts, shelled, fresh or drieds dropped sharply to $1.5M in 2022. Overall, exports, however, saw buoyant growth. The growth pace was the most rapid in 2021 with an increase of 67% against the previous year. As a result, the exports reached the peak of $2.5M, and then shrank markedly in the following year.

Export of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2844278651,01753.0%
Canada13165.445719213.6%
Netherlands64.387.815817138.5%
Uganda8.52.723.839.566.9%
Italy16.521.223.138.032.1%
Angola15.728.048.5N/A75.8%
Egypt26620591.8N/A-41.3%
Others34266884133.1-54.1%
Total1,1271,5052,5091,4919.8%

Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Kenya in 2022:

  1. United States (182.6 tons)
  2. Netherlands (33.3 tons)
  3. Canada (31.8 tons)
  4. Uganda (8.2 tons)
  5. Italy (4.6 tons)

Imports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Kenya

In 2022, approx. 28 tons of nuts, edible; cashew nuts, shelled, fresh or drieds were imported into Kenya; with a decrease of -65.1% on 2021. Overall, imports faced a dramatic decline. The smallest decline of -11.6% was in 2021.

In value terms, imports of nuts, edible; cashew nuts, shelled, fresh or drieds reduced markedly to $165K in 2022. Over the period under review, imports saw a dramatic descent. The smallest decline of -15.1% was in 2020.

Import of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania43460.4126165-27.6%
ChinaN/AN/AN/A0.10%
MozambiqueN/A421N/AN/A0%
United Kingdom80.637.226.9N/A-42.2%
United Arab Emirates360287359N/A-0.1%
Others93.015.08.1N/A-70.5%
Total967821521165-44.5%

Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Kenya in 2022:

  1. Tanzania (27.9 tons)
  2. China (0.5 tons)

Source: IndexBox Market Intelligence Platform

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