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Kenya - Apricots - Market Analysis, Forecast, Size, Trends and Insights
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View PricingApricot Price in Kenya - 2022
Contents:
- Apricot Price in Kenya (CIF) - 2022
- Apricot Price in Kenya (FOB) - 2022
- Apricot Imports in Kenya
- Apricot Exports in Kenya
Apricot Price in Kenya (CIF) - 2022
In 2022, the average apricot import price amounted to $791 per ton, declining by -30.8% against the previous year. Over the period under review, the import price recorded a slight downturn. The pace of growth was the most pronounced in 2016 an increase of 37%. Over the period under review, average import prices hit record highs at $2,237 per ton in 2017; however, from 2018 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 the United Arab Emirates ($1,532 per ton), while the price for South Africa ($197 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Apricot Price in Kenya (FOB) - 2022
In 2022, the average apricot export price amounted to $1,273 per ton, dropping by -33.8% against the previous year. In general, the export price, however, continues to indicate moderate growth. The most prominent rate of growth was recorded in 2015 an increase of 117%. Over the period under review, the average export prices hit record highs at $3,707 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($2,981 per ton), while the average price for exports to Uganda ($136 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 the United Arab Emirates (+10.7%), while the prices for the other major destinations experienced a decline.
Apricot Imports in Kenya
Apricot imports into Kenya surged to 4.9 tons in 2022, rising by 22% on 2021 figures. Over the period under review, imports, however, showed a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 41%.
In value terms, apricot imports reduced markedly to $3.9K in 2022. Overall, imports, however, faced a sharp curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 45%.
Import of Apricot in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Pakistan | 12.2 | 2.9 | 4.2 | 3.4 | -34.7% |
South Africa | 0.3 | N/A | 0.1 | 0.2 | -12.6% |
Turkey | N/A | N/A | 0.1 | 0.1 | 0.0% |
United Arab Emirates | 0.5 | 0.1 | 0.1 | 0.1 | -41.5% |
United Kingdom | 0.2 | N/A | 0.1 | N/A | -29.3% |
Italy | 2.2 | N/A | N/A | N/A | 0% |
Others | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
Total | 15.6 | 3.2 | 4.6 | 3.9 | -37.0% |
Top Suppliers of Apricot to Kenya in 2022:
- Pakistan (3635.0 kg)
- South Africa (875.0 kg)
- Turkey (169.0 kg)
- United Kingdom (71.0 kg)
- United Arab Emirates (47.0 kg)
Apricot Exports in Kenya
For the fourth consecutive year, Kenya recorded growth in shipments abroad of apricots, which increased by 27% to 2.6 tons in 2022. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 379%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, apricot exports declined notably to $3.2K in 2022. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 272%.
Export of Apricot in Kenya (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 291 | 1,907 | 1,435 | 1,267 | 63.3% |
Rwanda | 8.0 | 32.0 | 605 | 887 | 380.4% |
Czech Republic | N/A | N/A | N/A | 718 | 0% |
Germany | 48.0 | 295 | 206 | 169 | 52.1% |
Poland | 50.0 | 291 | 196 | 155 | 45.8% |
Uganda | 32.0 | 111 | 29.0 | 52.0 | 17.6% |
Luxembourg | N/A | N/A | 1,390 | N/A | 0% |
Others | 279 | N/A | N/A | N/A | 0% |
Total | 708 | 2,636 | 3,861 | 3,248 | 66.2% |
Top Export Markets for Apricot from Kenya in 2022:
- Czech Republic (841.0 kg)
- Rwanda (652.0 kg)
- United Arab Emirates (490.0 kg)
- Uganda (382.0 kg)
- Germany (134.0 kg)
- Poland (52.0 kg)
This report provides an in-depth analysis of the apricot 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:
- FCL 526 - Apricots
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
-
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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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