Price for Soya Beans; Other than Seed, Whether or Not Broken in Kenya - 2022
Contents:
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Kenya (CIF) - 2022
- Price for Soya Beans; Other than Seed, Whether or Not Broken in Kenya (FOB) - 2022
- Imports of Soya Beans; Other than Seed, Whether or Not Broken in Kenya
- Exports of Soya Beans; Other than Seed, Whether or Not Broken in Kenya
Price for Soya Beans; Other than Seed, Whether or Not Broken in Kenya (CIF) - 2022
In 2022, the average import price for soya beans; other than seed, whether or not brokens amounted to $295 per ton, with an increase of 2.3% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 64% against the previous year. The import price peaked at $632 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Zambia ($297 per ton), while the price for Tanzania stood at $287 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+1.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Soya Beans; Other than Seed, Whether or Not Broken in Kenya (FOB) - 2022
The average export price for soya beans; other than seed, whether or not brokens stood at $1,046 per ton in 2022, waning by -9.4% against the previous year. In general, the export price showed a pronounced slump. The most prominent rate of growth was recorded in 2013 an increase of 127% against the previous year. As a result, the export price attained the peak level of $3,846 per ton. From 2014 to 2022, the average export prices failed to regain momentum.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($1,052 per ton), while the average price for exports to Mali stood at $900 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+22.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Soya Beans; Other than Seed, Whether or Not Broken in Kenya
In 2022, imports of soya beans; other than seed, whether or not brokens into Kenya fell remarkably to 79 tons, waning by -81.8% against 2021 figures. Overall, imports faced a dramatic decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 171% against the previous year. As a result, imports reached the peak of 434 tons, and then declined markedly in the following year.
In value terms, imports of soya beans; other than seed, whether or not brokens declined markedly to $23K in 2022. Over the period under review, imports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 131% against the previous year. As a result, imports attained the peak of $125K, and then shrank sharply in the following year.
| Import of Soya Beans; Other than Seed, Whether or Not Broken in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | 0.4 | 0.2 | 3.1 | 16.0 | 242.0% |
| Tanzania | 0.4 | N/A | N/A | 7.2 | 162.1% |
| Uganda | 7.9 | 0.2 | 55.2 | N/A | 164.3% |
| Rwanda | N/A | N/A | 18.8 | N/A | 0% |
| Ethiopia | 0.2 | 0.1 | 7.2 | N/A | 500.0% |
| Malawi | 0.5 | N/A | 28.6 | N/A | 656.3% |
| Israel | N/A | N/A | 11.6 | N/A | 0% |
| Ukraine | 60.5 | 53.6 | N/A | N/A | -11.4% |
| Others | N/A | N/A | 0.7 | 0.2 | -71.4% |
| Total | 70.0 | 54.1 | 125 | 23.4 | -30.6% |
Top Suppliers of Soya Beans; Other than Seed, Whether or Not Broken to Kenya in 2022:
- Zambia (54.0 tons)
- Tanzania (25.0 tons)
Exports of Soya Beans; Other than Seed, Whether or Not Broken in Kenya
In 2022, the amount of soya beans; other than seed, whether or not brokens exported from Kenya shrank notably to 260 kg, waning by -99.9% against the year before. Over the period under review, exports faced a sharp downturn. The pace of growth appeared the most rapid in 2021 with an increase of 19,194%. As a result, the exports attained the peak of 256 tons, and then declined sharply in the following year.
In value terms, exports of soya beans; other than seed, whether or not brokens fell markedly to $272 in 2022. In general, exports faced a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 21,804%. As a result, the exports attained the peak of $295K, and then fell dramatically in the following year.
| Export of Soya Beans; Other than Seed, Whether or Not Broken in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | N/A | 0.3 | 0% |
| Uganda | 8.2 | N/A | 0.2 | N/A | -84.4% |
| India | N/A | N/A | 106 | N/A | 0% |
| Mali | N/A | N/A | N/A | N/A | 0% |
| Tanzania | 45.9 | 1.2 | 178 | N/A | 96.9% |
| Netherlands | 1.9 | N/A | 11.2 | N/A | 142.8% |
| Others | 0.3 | 0.1 | 0.2 | N/A | -18.4% |
| Total | 56.3 | 1.3 | 295 | 0.3 | -82.5% |
Top Export Markets for Soya Beans; Other than Seed, Whether or Not Broken from Kenya in 2022:
- Canada (250.0 kg)
- Mali (10.0 kg)
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