Report Update Apr 1, 2024

Kenya - Almonds - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Almond Market 2024

Almond Market Size in Kenya

In 2022, the Kenyan almond market decreased by X% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption, however, posted a significant increase. Almond consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Almond Production in Kenya

In value terms, almond production stood at $X in 2022 estimated in export price. Overall, production, however, saw a sharp decrease. The most prominent rate of growth was recorded in 2017 with a decrease of X% against the previous year. Almond production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

In 2022, the average almond yield in Kenya stood at less than X kg per ha, remaining stable against 2021. Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The almond harvested area in Kenya amounted to less than X ha in 2022, leveling off at the year before. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Almond Exports

Exports from Kenya

Almond exports from Kenya soared to X kg in 2022, with an increase of X% on the previous year. Overall, exports, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, almond exports skyrocketed to $X in 2022. Over the period under review, exports posted a perceptible expansion. The growth pace was the most rapid in 2013 with an increase of X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Qatar (X kg) was the main destination for almond exports from Kenya, accounting for a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Qatar was relatively modest.

In value terms, Qatar ($X) emerged as the key foreign market for almonds exports from Kenya.

From 2012 to 2022, the average annual growth rate of value to Qatar was relatively modest.

Export Prices by Country

The average almond export price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the export price, however, saw a resilient increase. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then contracted rapidly in the following year.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to X% per year.

Almond Imports

Imports into Kenya

In 2022, purchases abroad of almonds decreased by X% to X tons, falling for the second consecutive year after three years of growth. In general, imports, however, recorded significant growth. The pace of growth was the most pronounced in 2020 when imports increased by X%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, almond imports declined remarkably to $X in 2022. Over the period under review, imports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United States (X tons) constituted the largest almond supplier to Kenya, with a X% share of total imports. Moreover, almond imports from the United States exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), tenfold.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Iran (X% per year).

In value terms, the United States ($X) constituted the largest supplier of almonds to Kenya, comprising X% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with an X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (X% per year) and Iran (X% per year).

Import Prices by Country

In 2022, the average almond import price amounted to $X per ton, waning by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat 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 the United States ($X per ton), while the price for Iran ($X 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 (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for almonds in the world?

The United States remains the largest almond consuming country worldwide, accounting for 47% of total volume. Moreover, almond consumption in the United States exceeded the figures recorded by the second-largest consumer, Spain, fivefold. The third position in this ranking was held by India, with a 5.7% share.

What are the largest producers of almonds in the world?

The country with the largest volume of almond production was the United States, accounting for 55% of total volume. Moreover, almond production in the United States exceeded the figures recorded by the second-largest producer, Spain, sixfold. The third position in this ranking was held by Australia, with a 6.6% share.

What are the leading suppliers of almonds to Kenya?

In value terms, the United States constituted the largest supplier of almonds to Kenya, comprising 84% of total imports. The second position in the ranking was taken by the United Arab Emirates, with an 8.7% share of total imports.

What are the leading importers of almonds from Kenya?

In value terms, Qatar emerged as the key foreign market for almonds exports from Kenya.

What is the average export price for almonds in Kenya?

In 2022, the average almond export price amounted to $9,329 per ton, with a decrease of -16.1% against the previous year.

What is the average import price for almonds in Kenya?

The average almond import price stood at $6,471 per ton in 2022, waning by -20.9% against the previous year.

This report provides an in-depth analysis of the almond 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:

FCL 221 - Almonds

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023