Price for Vegetable Products Not Elsewhere Specified or Included in Kenya - 2022
Contents:
- Price for Vegetable Products Not Elsewhere Specified or Included in Kenya (CIF) - 2022
- Price for Vegetable Products Not Elsewhere Specified or Included in Kenya (FOB) - 2022
- Imports of Vegetable Products Not Elsewhere Specified or Included in Kenya
- Exports of Vegetable Products Not Elsewhere Specified or Included in Kenya
Price for Vegetable Products Not Elsewhere Specified or Included in Kenya (CIF) - 2022
The average import price for vegetable products not elsewhere specified or includeds stood at $656 per ton in 2022, picking up by 12% against the previous year. Over the period under review, the import price showed strong growth. The most prominent rate of growth was recorded in 2013 an increase of 100%. As a result, import price attained the peak level of $700 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
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 Indonesia ($677 per ton), while the price for Tanzania ($105 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vegetable Products Not Elsewhere Specified or Included in Kenya (FOB) - 2022
In 2022, the average export price for vegetable products not elsewhere specified or includeds amounted to $922 per ton, waning by -18.4% against the previous year. In general, the export price, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2018 an increase of 88% against the previous year. Over the period under review, the average export prices reached the peak figure at $2,323 per ton in 2020; however, from 2021 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 Peru ($4,140 per ton), while the average price for exports to Japan ($434 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 Peru (+40.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vegetable Products Not Elsewhere Specified or Included in Kenya
In 2022, the amount of vegetable products not elsewhere specified or includeds imported into Kenya shrank to 3.7K tons, waning by -8.2% compared with 2021 figures. The total import volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 50%. As a result, imports attained the peak of 4K tons, and then declined in the following year.
In value terms, imports of vegetable products not elsewhere specified or includeds shrank to $2.4M in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 109% against the previous year. As a result, imports reached the peak of $2.4M, leveling off in the following year.
| Import of Vegetable Products Not Elsewhere Specified or Included in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 576 | 739 | 1,625 | 1,564 | 39.5% |
| Netherlands | 119 | 81.8 | 148 | 262 | 30.1% |
| Sri Lanka | 170 | 120 | 196 | 259 | 15.1% |
| Latvia | 38.2 | 22.2 | 199 | 73.5 | 24.4% |
| Indonesia | 17.8 | 23.4 | 33.0 | 57.5 | 47.8% |
| Tanzania | 123 | 27.9 | 8.8 | 2.6 | -72.4% |
| Others | 112 | 119 | 164 | 133 | 5.9% |
| Total | 1,157 | 1,133 | 2,373 | 2,351 | 26.7% |
Top Suppliers of Vegetable Products Not Elsewhere Specified or Included to Kenya in 2022:
- India (2458.0 tons)
- Netherlands (459.6 tons)
- Sri Lanka (384.9 tons)
- Latvia (195.8 tons)
- Indonesia (84.9 tons)
- Tanzania (24.2 tons)
Exports of Vegetable Products Not Elsewhere Specified or Included in Kenya
In 2022, the amount of vegetable products not elsewhere specified or includeds exported from Kenya expanded significantly to 159 tons, picking up by 11% against the previous year's figure. Overall, exports, however, continue to indicate a significant decline. The pace of growth appeared the most rapid in 2021 when exports increased by 55%.
In value terms, exports of vegetable products not elsewhere specified or includeds reduced to $146K in 2022. In general, exports, however, recorded a dramatic setback. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year.
| Export of Vegetable Products Not Elsewhere Specified or Included in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Somalia | 12,293 | 90.5 | 115 | 91.2 | -80.5% |
| Tanzania | 51.1 | 4.6 | 9.1 | 11.0 | -40.1% |
| Mauritania | 32.2 | 2.4 | 3.8 | 3.8 | -50.9% |
| Japan | 23.8 | 1.7 | 3.2 | 3.7 | -46.2% |
| Others | 662 | 35.8 | 30.1 | 36.3 | -62.0% |
| Total | 13,062 | 135 | 162 | 146 | -77.6% |
Top Export Markets for Vegetable Products Not Elsewhere Specified or Included from Kenya in 2022:
- Somalia (126.5 tons)
- Japan (8.4 tons)
- Mauritania (7.5 tons)
- Tanzania (4.6 tons)
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