Kenya: Sugar Market 2024

Sugar Market Size in Kenya

The Kenyan sugar market dropped to $X in 2022, which is down by X% against the previous year. In general, consumption saw a noticeable decline. Sugar consumption peaked at $X in 2016; however, from 2017 to 2022, consumption stood at a somewhat lower figure.

Sugar Production in Kenya

In value terms, sugar production totaled $X in 2022 estimated in export price. Over the period under review, production, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. Sugar production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

The average yield of sugar in Kenya stood at less than X kg per ha in 2022, almost unchanged from 2021. Overall, the yield continues to indicate 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.

In 2022, the total area harvested in terms of sugar production in Kenya amounted to less than X ha, approximately mirroring the year before. Over the period under review, the harvested area recorded a relatively flat trend pattern.

Sugar Exports

Exports from Kenya

In 2022, shipments abroad of sugar decreased by X% to X tons, falling for the second consecutive year after four years of growth. Overall, exports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, sugar exports expanded remarkably to $X in 2022. Over the period under review, exports, however, posted a slight increase. The growth pace was the most rapid in 2019 with an increase of X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Exports by Country

Malawi (X tons), Democratic Republic of the Congo (X tons) and Rwanda (X tons) were the main destinations of sugar exports from Kenya, with a combined X% share of total exports. Uganda and South Sudan lagged somewhat behind, together accounting for a further X%.

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

In value terms, Malawi ($X), Democratic Republic of the Congo ($X) and Rwanda ($X) were the largest markets for sugar exported from Kenya worldwide, together comprising X% of total exports.

Malawi, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sugar export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price 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, sugar export price increased by X% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to South Sudan ($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 Democratic Republic of the Congo (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sugar Imports

Imports into Kenya

In 2022, purchases abroad of sugar decreased by X% to X tons, falling for the second year in a row after four years of growth. In general, imports faced a precipitous decrease. The most prominent rate of growth was recorded in 2017 with an increase of X%. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, sugar imports contracted significantly to $X in 2022. Over the period under review, imports continue to indicate a sharp slump. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

Swaziland (X tons), Mauritius (X tons) and Uganda (X tons) were the main suppliers of sugar imports to Kenya, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Uganda (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Swaziland ($X), Mauritius ($X) and Uganda ($X) constituted the largest sugar suppliers to Kenya, together comprising X% of total imports.

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

Import Prices by Country

The average sugar import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, import prices stood 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 Uganda ($X per ton), while the price for the United Arab Emirates ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :