Kenya: Coconut Market 2024

Coconut Market Size in Kenya

The Kenyan coconut market expanded rapidly to $X in 2022, surging by X% against the previous year. Over the period under review, consumption showed a pronounced expansion. Coconut consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Coconut Production in Kenya

In value terms, coconut production rose significantly to $X in 2022 estimated in export price. In general, production saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

The average yield of coconuts in Kenya expanded significantly to X tons per ha in 2022, with an increase of X% compared with 2021. Over the period under review, the yield, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the average coconut yield reached the maximum level at X tons per ha in 2012; however, from 2013 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The coconut harvested area in Kenya rose modestly to X ha in 2022, increasing by X% compared with the previous year. Overall, the harvested area recorded a resilient expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the harvested area dedicated to coconut production attained the maximum at X ha in 2020; however, from 2021 to 2022, the harvested area stood at a somewhat lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Coconut Exports

Exports from Kenya

In 2022, exports of coconuts from Kenya skyrocketed to X tons, increasing by X% on the previous year. In general, exports, however, recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, coconut exports skyrocketed to $X in 2022. Overall, exports, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey (X tons) was the main destination for coconut exports from Kenya, with a X% share of total exports. Moreover, coconut exports to Turkey exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), threefold. The third position in this ranking was held by the UK (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (X% per year) and the UK (X% per year).

In value terms, Turkey ($X) emerged as the key foreign market for coconuts exports from Kenya, comprising X% of total exports. The second position in the ranking was held by Rwanda ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Turkey was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Rwanda (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

The average coconut export price stood at $X per ton in 2022, with an increase of X% against the previous year. Over the period under review, the export price recorded a buoyant increase. The pace of growth appeared the most rapid in 2014 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while the average price for exports to the United Arab Emirates ($X 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 Tanzania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Coconut Imports

Imports into Kenya

In 2022, purchases abroad of coconuts decreased by X% to X kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2019 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2021, and then dropped rapidly in the following year.

In value terms, coconut imports fell dramatically to $X in 2022. Over the period under review, imports saw a sharp reduction. The pace of growth appeared the most rapid in 2020 with an increase of X%. Imports peaked at $X in 2021, and then contracted notably in the following year.

Imports by Country

In 2022, India (X kg) was the main coconut supplier to Kenya, with a approx. X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of volume from India amounted to X%.

In value terms, India ($X) constituted the largest supplier of coconuts to Kenya.

From 2012 to 2022, the average annual growth rate of value from India stood at X%.

Import Prices by Country

In 2022, the average coconut import price amounted to $X per ton, shrinking by X% against the previous year. In general, the import price showed a noticeable shrinkage. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton, and then fell rapidly in the following year.

As there is only one major supplying country, the average price level is determined by prices for India.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :