Kenya - Vaccines For Human Medicine - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVaccine Price in Kenya - 2021
Contents:
- Vaccine Price in Kenya (CIF) - 2022
- Vaccine Price in Kenya (FOB) - 2022
- Vaccine Imports in Kenya
- Vaccine Exports in Kenya
Vaccine Price in Kenya (CIF) - 2022
The average vaccine import price stood at $404,621 per ton in 2022, surging by 11% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average import price increased by 31%. The import price peaked at $423,825 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 Belgium ($664,609 per ton), while the price for China ($63,794 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+16.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Vaccine Price in Kenya (FOB) - 2022
The average vaccine export price stood at $157,057 per ton in 2022, surging by 30% against the previous year. Over the period under review, the export price saw a moderate increase. The most prominent rate of growth was recorded in 2018 an increase of 59% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guyana ($489,419 per ton), while the average price for exports to Malawi ($27,980 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 Guyana (+86.7%), while the prices for the other major destinations experienced more modest paces of growth.
Vaccine Imports in Kenya
In 2022, purchases abroad of vaccines for human medicine decreased by -9.6% to 231 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +17.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 64%.
In value terms, vaccine imports totaled $94M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +24.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -0.3% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 94% against the previous year. As a result, imports attained the peak of $94M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Vaccine in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 20.7 | 36.5 | 35.0 | 32.9 | 16.7% |
| United States | 2.7 | 13.7 | 25.3 | 23.7 | 106.3% |
| India | 9.0 | 24.2 | 19.6 | 18.4 | 26.9% |
| France | 6.5 | 9.2 | 3.6 | 6.2 | -1.6% |
| Denmark | 7.5 | 8.3 | 2.1 | 5.7 | -8.7% |
| South Korea | N/A | N/A | 3.0 | 2.8 | -6.7% |
| China | 0.3 | 0.1 | 0.4 | 0.4 | 10.1% |
| Others | 1.7 | 1.8 | 4.2 | 3.5 | 27.2% |
| Total | 48.5 | 93.9 | 93.3 | 93.6 | 24.5% |
Top Suppliers of Vaccine to Kenya in 2022:
- India (87.9 tons)
- Belgium (49.4 tons)
- United States (35.9 tons)
- France (17.3 tons)
- Denmark (16.2 tons)
- China (6.0 tons)
- South Korea (6.0 tons)
Vaccine Exports in Kenya
In 2022, the amount of vaccines for human medicine exported from Kenya declined markedly to 23 tons, reducing by -39.9% compared with 2021 figures. In general, exports recorded a dramatic decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 84% against the previous year.
In value terms, vaccine exports shrank notably to $3.7M in 2022. Over the period under review, exports recorded a noticeable reduction. The growth pace was the most rapid in 2021 when exports increased by 76% against the previous year. As a result, the exports reached the peak of $4.7M, and then contracted sharply in the following year.
| Export of Vaccine in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Somalia | 3,504 | 870 | 2,830 | 2,046 | -16.4% |
| Guyana | N/A | N/A | 1,314 | 969 | -26.3% |
| Belgium | 85.1 | 1,361 | 0.2 | 273 | 47.5% |
| Uganda | 200 | 282 | 305 | 221 | 3.4% |
| Tanzania | 1.8 | 32.5 | 93.4 | 67.5 | 234.7% |
| South Sudan | 3.2 | 14.2 | 34.4 | 24.9 | 98.2% |
| Malawi | 51.6 | 21.7 | 1.6 | 17.0 | -30.9% |
| United Arab Emirates | N/A | N/A | 16.0 | N/A | 0% |
| Others | 257 | 86.8 | 109 | 67.8 | -35.9% |
| Total | 4,103 | 2,670 | 4,704 | 3,687 | -3.5% |
Top Export Markets for Vaccine from Kenya in 2022:
- Somalia (15.5 tons)
- Guyana (2.0 tons)
- Tanzania (1.6 tons)
- Uganda (1.5 tons)
- Belgium (1.0 tons)
- Malawi (0.6 tons)
- South Sudan (0.5 tons)
This report provides an in-depth analysis of the vaccine 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:
- Prodcom 21202140 -
- Prodcom 21202145 - Vaccines for human medicine
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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