Kenya: Market for Preparations Used In Animal Feeding 2024

Market Size for Preparations Used In Animal Feeding in Kenya

The Kenyan preparations for animal feeding market amounted to $X in 2022, increasing by X% against the previous year. Overall, the total consumption indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2012 indices. Preparations for animal feeding consumption peaked in 2022 and is likely to continue growth in the immediate term.

Production of Preparations Used In Animal Feeding in Kenya

In value terms, preparations for animal feeding production rose modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Preparations Used In Animal Feeding

Exports from Kenya

Preparations for animal feeding exports from Kenya soared to X tons in 2022, with an increase of X% against 2021. Overall, exports recorded significant growth. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, preparations for animal feeding exports surged to $X in 2022. Over the period under review, exports showed a resilient increase. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uganda (X tons) was the main destination for preparations for animal feeding exports from Kenya, with a X% share of total exports. It was followed by Tanzania (X tons), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Uganda stood at X%.

In value terms, Uganda ($X) remains the key foreign market for preparations used in animal feeding exports from Kenya, comprising X% of total exports. The second position in the ranking was held by Tanzania ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Uganda totaled X%.

Export Prices by Country

The average preparations for animal feeding export price stood at $X per ton in 2022, shrinking by X% against the previous year. Over the period under review, the export price showed a deep slump. The growth pace was the most rapid in 2017 when the average export price increased by X%. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Uganda amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (X%).

Imports of Preparations Used In Animal Feeding

Imports into Kenya

In 2022, purchases abroad of preparations used in animal feeding increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, preparations for animal feeding imports soared to $X in 2022. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, Egypt (X tons) constituted the largest preparations for animal feeding supplier to Kenya, accounting for a X% share of total imports. Moreover, preparations for animal feeding imports from Egypt exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fourfold. Turkey (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Egypt stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Turkey (X% per year).

In value terms, Egypt ($X) constituted the largest supplier of preparations used in animal feeding to Kenya, comprising X% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total imports. It was followed by South Africa, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Egypt stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and South Africa (X% per year).

Import Prices by Country

In 2022, the average preparations for animal feeding import price amounted to $X per ton, which is down by X% against the previous year. In general, the import price saw a perceptible reduction. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, 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 Poland ($X per ton), while the price for Greece ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :