Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Kenya - 2022
Contents:
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Kenya (FOB) - 2022
- Price for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Kenya (CIF) - 2022
- Exports of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried in Kenya
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 284 | 427 | 865 | 1,017 | 53.0% |
Canada | 131 | 65.4 | 457 | 192 | 13.6% |
Netherlands | 64.3 | 87.8 | 158 | 171 | 38.5% |
Uganda | 8.5 | 2.7 | 23.8 | 39.5 | 66.9% |
Italy | 16.5 | 21.2 | 23.1 | 38.0 | 32.1% |
Angola | 15.7 | 28.0 | 48.5 | N/A | 75.8% |
Egypt | 266 | 205 | 91.8 | N/A | -41.3% |
Others | 342 | 668 | 841 | 33.1 | -54.1% |
Total | 1,127 | 1,505 | 2,509 | 1,491 | 9.8% |
Top Export Markets for Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried from Kenya in 2022:
- United States (182.6 tons)
- Netherlands (33.3 tons)
- Canada (31.8 tons)
- Uganda (8.2 tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tanzania | 434 | 60.4 | 126 | 165 | -27.6% |
China | N/A | N/A | N/A | 0.1 | 0% |
Mozambique | N/A | 421 | N/A | N/A | 0% |
United Kingdom | 80.6 | 37.2 | 26.9 | N/A | -42.2% |
United Arab Emirates | 360 | 287 | 359 | N/A | -0.1% |
Others | 93.0 | 15.0 | 8.1 | N/A | -70.5% |
Total | 967 | 821 | 521 | 165 | -44.5% |
Top Suppliers of Nuts, Edible; Cashew Nuts, Shelled, Fresh or Dried to Kenya in 2022:
- Tanzania (27.9 tons)
- China (0.5 tons)
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