Cereals; Millet Price in Kenya - 2022
Contents:
Cereals; Millet Price in Kenya (CIF) - 2022
The average cereals; millet import price stood at $177 per ton in 2022, declining by -3.2% against the previous year. In general, the import price recorded a perceptible decrease. The most prominent rate of growth was recorded in 2013 when the average import price increased by 1.5%. As a result, import price reached the peak level of $237 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tanzania ($270 per ton), while the price for Uganda totaled $172 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+2.1%).
Cereals; Millet Imports in Kenya
For the third year in a row, Kenya recorded decline in overseas purchases of cereals; millets, which decreased by -17.2% to 2.9K tons in 2022. Overall, imports showed a abrupt contraction. The smallest decline of -17.2% was in 2020.
In value terms, cereals; millet imports dropped rapidly to $513K in 2022. In general, imports continue to indicate a abrupt contraction. The smallest decline of -19.9% was in 2021.
| Import of Cereals; Millet in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 970 | 771 | 612 | 484 | -20.7% |
| Tanzania | 21.6 | 21.0 | 20.4 | 19.7 | -3.0% |
| Others | 6.8 | 7.5 | 8.2 | 9.0 | 9.8% |
| Total | 999 | 800 | 641 | 513 | -19.9% |
Top Suppliers of Cereals; Millet to Kenya in 2022:
- Uganda (2818.6 tons)
- Tanzania (73.0 tons)
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