Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Kenya - 2022

Contents:

  1. Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Kenya (FOB) - 2022
  2. Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Kenya (CIF) - 2022
  3. Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Kenya
  4. Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Kenya

Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Kenya (FOB) - 2022

In 2022, the average export price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $2,450 per ton, with a decrease of -28.4% against the previous year. Over the period under review, the export price continues to indicate a noticeable slump. The growth pace was the most rapid in 2018 an increase of 140% against the previous year. As a result, the export price reached the peak level of $5,014 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Sudan ($2,588 per ton), while the average price for exports to Italy amounted to $1,653 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Sudan (-1.2%), while the prices for the other major destinations experienced a decline.

Price for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Kenya (CIF) - 2022

In 2022, the average import price for nuts, edible; mixtures of nuts or dried fruits of chapter 8 amounted to $7,301 per ton, growing by 86% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +10.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Germany ($11,382 per ton), while the price for Egypt ($760 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 (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Kenya

Exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 from Kenya fell dramatically to 8.5 tons in 2022, reducing by -31.3% compared with the previous year's figure. In general, exports, however, recorded modest growth. The most prominent rate of growth was recorded in 2021 when exports increased by 445% against the previous year. As a result, the exports attained the peak of 12 tons, and then dropped sharply in the following year.

In value terms, exports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 declined notably to $21K in 2022. Over the period under review, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 432%. As a result, the exports attained the peak of $42K, and then reduced markedly in the following year.

Export of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Sudan0.30.44.617.2285.6%
ItalyN/AN/A18.03.0-83.3%
Uganda2.20.21.7N/A-12.1%
Democratic Republic of the Congo1.5N/AN/AN/A0%
United Kingdom2.11.95.6N/A63.3%
Yemen3.22.14.3N/A15.9%
Others4.83.38.10.7-47.4%
Total14.28.042.420.813.6%

Top Export Markets for Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 from Kenya in 2022:

  1. South Sudan (6.6 tons)
  2. Italy (1.8 tons)

Imports of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Kenya

In 2022, after three years of growth, there was significant decline in overseas purchases of nuts, edible; mixtures of nuts or dried fruits of chapter 8, when their volume decreased by -92.6% to 654 kg. Overall, imports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2021 when imports increased by 79%. As a result, imports attained the peak of 8.9 tons, and then reduced markedly in the following year.

In value terms, imports of nuts, edible; mixtures of nuts or dried fruits of chapter 8 reduced remarkably to $4.8K in 2022. In general, imports saw a dramatic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 73%. As a result, imports reached the peak of $35K, and then contracted rapidly in the following year.

Import of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates10.05.12.62.3-38.7%
Germany0.61.84.61.535.7%
United Kingdom0.30.41.00.944.2%
Uganda2.23.58.5N/A96.6%
France0.81.01.9N/A54.1%
South Africa1.20.80.9N/A-13.4%
EgyptN/AN/AN/AN/A0%
Singapore1.51.93.5N/A52.8%
Iran0.53.69.4N/A333.6%
Others4.02.02.5N/A-20.9%
Total21.120.235.04.8-39.0%

Top Suppliers of Nuts, Edible; Mixtures of Nuts or Dried Fruits of Chapter 8 to Kenya in 2022:

  1. United Arab Emirates (388.0 kg)
  2. Germany (136.0 kg)
  3. United Kingdom (102.0 kg)
  4. Egypt (25.0 kg)

Source: IndexBox Market Intelligence Platform

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