Cereals; Oats, Seeds Price in Kenya - 2022

Contents:

  1. Cereals; Oats, Seeds Price in Kenya (FOB) - 2022
  2. Cereals; Oats, Seeds Price in Kenya (CIF) - 2022
  3. Cereals; Oats, Seeds Exports in Kenya
  4. Cereals; Oats, Seeds Imports in Kenya

Cereals; Oats, Seeds Price in Kenya (FOB) - 2022

In 2022, the average cereals; oats, seeds export price amounted to $158 per ton, declining by -84.2% against the previous year. Over the period under review, the export price, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2013 an increase of 81%. Over the period under review, the average export prices reached the maximum at $1,854 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($158 per ton), while the average price for exports to Uganda stood at $157 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+7.5%).

Cereals; Oats, Seeds Price in Kenya (CIF) - 2022

In 2022, the average cereals; oats, seeds import price amounted to $3,852 per ton, increasing by 39% against the previous year. In general, the import price posted a significant expansion. The pace of growth was the most pronounced in 2020 an increase of 125% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Uganda.

From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to +33.5% per year.

Cereals; Oats, Seeds Exports in Kenya

In 2022, the amount of cereals; oats, seedses exported from Kenya surged to 25 tons, growing by 7,837% on the previous year. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, cereals; oats, seeds exports surged to $3.9K in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cereals; Oats, Seeds in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
TanzaniaN/AN/AN/A3,6320%
Uganda18389.031430718.8%
Others7.0N/AN/AN/A0%
Total19089.03143,939174.7%

Top Export Markets for Cereals; Oats, Seeds from Kenya in 2022:

  1. Tanzania (23.0 tons)
  2. Uganda (2.0 tons)

Cereals; Oats, Seeds Imports in Kenya

Cereals; oats, seeds imports into Kenya dropped significantly to 128 kg in 2022, waning by -20% compared with the previous year. Over the period under review, imports showed a significant contraction.

In value terms, cereals; oats, seeds imports rose markedly to $493 in 2022. The total import value increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Cereals; Oats, Seeds in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda35840144449311.3%
Others5.01.0N/AN/A-80.0%
Total36340244449310.7%

Top Suppliers of Cereals; Oats, Seeds to Kenya in 2022:

  1. Uganda (128.0 kg)

Source: IndexBox Market Intelligence Platform

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