Kenya: Nuts Market 2024

Nuts Market Size in Kenya

After two years of decline, the Kenyan nuts market increased by X% to $X in 2022. Over the period under review, consumption, however, showed a mild slump. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Nuts Production in Kenya

In value terms, nuts production contracted slightly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

In 2022, the average yield of nuts in Kenya expanded notably to X tons per ha, growing by X% compared with 2021. In general, the yield, however, continues to indicate a mild descent. The pace of growth was the most pronounced in 2013 when the yield increased by X% against the previous year. Over the period under review, the average nuts yield hit record highs at X tons per ha in 2015; however, from 2016 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.

In 2022, approx. X ha of nuts were harvested in Kenya; remaining relatively unchanged against 2021 figures. In general, the harvested area showed a pronounced slump. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, the harvested area dedicated to nuts production reached the maximum at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

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Nuts Exports

Exports from Kenya

In 2022, overseas shipments of nuts decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The exports peaked at X tons in 2021, and then reduced in the following year.

In value terms, nuts exports declined notably to $X in 2022. In general, exports, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then shrank markedly in the following year.

Exports by Country

The United States (X tons) was the main destination for nuts exports from Kenya, with a X% share of total exports. Moreover, nuts exports to the United States exceeded the volume sent to the second major destination, China (X tons), threefold. Germany (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Germany (X% per year).

In value terms, the United States ($X) remains the key foreign market for nuts exports from Kenya, comprising X% of total exports. The second position in the ranking was taken by China ($X), with a X% share of total exports. It was followed by Germany, with an X% share.

From 2012 to 2022, the average annual growth rate of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (X% per year) and Germany (X% per year).

Export Prices by Country

The average nuts export price stood at $X per ton in 2022, waning by X% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The export price peaked at $X 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 Vietnam ($X per ton), while the average price for exports to Hong Kong SAR ($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 Vietnam (X%), while the prices for the other major destinations experienced more modest paces of growth.

Nuts Imports

Imports into Kenya

Nuts imports into Kenya skyrocketed to X tons in 2022, surging by X% on the previous year's figure. In general, imports enjoyed noticeable growth. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, nuts imports reduced to $X in 2022. Over the period under review, imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Tanzania (X tons), Iran (X tons) and the United States (X tons) were the main suppliers of nuts imports to Kenya, with a combined X% share of total imports. The United Arab Emirates, Brazil and India lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of X.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest nuts suppliers to Kenya were Tanzania ($X), the United States ($X) and Iran ($X), together comprising X% of total imports. The United Arab Emirates, India and Brazil lagged somewhat behind, together accounting for a further X%.

Brazil, with a CAGR of X.7%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average nuts import price stood at $X per ton in 2022, which is down by X% against the previous year. In general, the import price, however, showed a noticeable expansion. The pace of growth was the most pronounced in 2013 an increase of X%. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the average 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 India ($X per ton), while the price for Iran ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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