Kenya - Refined Cotton-Seed Oil - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefined Cotton-Seed Oil Price in Kenya - 2021
Contents:
- Refined Cotton-Seed Oil Price in Kenya (CIF) - 2022
- Refined Cotton-Seed Oil Price in Kenya (FOB) - 2022
- Refined Cotton-Seed Oil Imports in Kenya
- Refined Cotton-Seed Oil Exports in Kenya
Refined Cotton-Seed Oil Price in Kenya (CIF) - 2022
The average refined cotton-seed oil import price stood at $1,299 per ton in 2022, leveling off at the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, refined cotton-seed oil import price decreased by -30.3% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of 49% against the previous year. Over the period under review, average import prices attained the maximum at $1,864 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
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 Tanzania ($17,000 per ton), while the price for Uganda ($771 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+31.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Refined Cotton-Seed Oil Price in Kenya (FOB) - 2022
The average refined cotton-seed oil export price stood at $1,244 per ton in 2022, jumping by 35% against the previous year. Overall, the export price, however, continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2019 when the average export price increased by 93% against the previous year. The export price peaked at $3,599 per ton in 2012; however, from 2013 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 Burundi.
From 2012 to 2022, the rate of growth in terms of prices for Burundi amounted to -10.0% per year.
Refined Cotton-Seed Oil Imports in Kenya
After three years of growth, supplies from abroad of refined cotton-seed oil decreased by -6.3% to 11 tons in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 918%.
In value terms, refined cotton-seed oil imports reduced to $15K in 2022. In general, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 914% against the previous year.
| Import of Refined Cotton-Seed Oil in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 0.3 | 11.9 | 14.5 | 13.7 | 257.4% |
| Uganda | 1.0 | 1.7 | 1.0 | 0.8 | -7.2% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 1.4 | 13.7 | 15.6 | 14.6 | 118.5% |
Top Suppliers of Refined Cotton-Seed Oil to Kenya in 2022:
- Egypt (10.2 tons)
- Uganda (1.1 tons)
Refined Cotton-Seed Oil Exports in Kenya
In 2022, after two years of decline, there was significant growth in overseas shipments of refined cotton-seed oil, when their volume increased by 9.1% to 1.9 tons. In general, exports, however, recorded a abrupt curtailment.
In value terms, refined cotton-seed oil exports soared to $2.4K in 2022. Overall, exports, however, faced a sharp decline.
| Export of Refined Cotton-Seed Oil in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burundi | 6.1 | 3.2 | 1.6 | 2.4 | -26.7% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 6.2 | 3.2 | 1.7 | 2.4 | -27.1% |
Top Export Markets for Refined Cotton-Seed Oil from Kenya in 2022:
- Burundi (1946.0 kg)
This report provides an in-depth analysis of the refined cotton-seed oil market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10415500 - Refined cotton-seed oil and its fractions (excluding chemically modified)
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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