Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Kenya - 2022
Contents:
- Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Kenya (CIF) - 2022
- Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Kenya (FOB) - 2022
- Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Kenya
- Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Kenya
Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Kenya (CIF) - 2022
In 2022, the average import price for oil seeds; cotton seeds, seed, whether or not broken amounted to $4,928 per ton, waning by -41.3% against the previous year. In general, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2016 an increase of 286%. As a result, import price attained the peak level of $13,281 per ton. From 2017 to 2022, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Uganda ($5,659 per ton), while the price for Tanzania amounted to $4,347 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (-4.6%).
Price for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Kenya (FOB) - 2022
The average export price for oil seeds; cotton seeds, seed, whether or not broken stood at $833 per ton in 2022, shrinking by -44% against the previous year. Over the period under review, the export price saw a abrupt contraction. The pace of growth was the most pronounced in 2015 when the average export price increased by 4.6% against the previous year. The export price peaked at $8,488 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Tanzania.
From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to -19.3% per year.
Imports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Kenya
In 2022, the amount of oil seeds; cotton seeds, seed, whether or not broken imported into Kenya skyrocketed to 6.4 tons, picking up by 201% on 2021. Overall, imports continue to indicate a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of oil seeds; cotton seeds, seed, whether or not broken surged to $32K in 2022. Over the period under review, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | N/A | N/A | N/A | 27.3 | 0% |
| Uganda | 5.9 | 1.9 | 17.6 | 0.7 | -50.9% |
| Israel | 10.8 | 8.0 | N/A | N/A | -25.9% |
| Others | 0.1 | 0.3 | 0.3 | 3.7 | 233.2% |
| Total | 16.8 | 10.2 | 18.0 | 31.8 | 23.7% |
Top Suppliers of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken to Kenya in 2022:
- Tanzania (6.3 tons)
- Uganda (0.1 tons)
Exports of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Kenya
In 2022, the amount of oil seeds; cotton seeds, seed, whether or not broken exported from Kenya soared to 22 tons, with an increase of 68% against 2021. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 10,531% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of oil seeds; cotton seeds, seed, whether or not broken contracted to $18K in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 6,223% against the previous year. As a result, the exports reached the peak of $32K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 0.5 | 32.1 | 18.5 | 18.4 | 232.6% |
| Others | N/A | N/A | 1.0 | N/A | 0% |
| Total | 0.5 | 32.1 | 19.5 | 18.4 | 232.6% |
Top Export Markets for Oil Seeds; Cotton Seeds, Seed, Whether or Not Broken from Kenya in 2022:
- Tanzania (22.0 tons)
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