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Kenya - Coconut - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCoconut Price in Kenya - 2021
Contents:
- Coconut Price in Kenya (FOB) - 2022
- Coconut Price in Kenya (CIF) - 2022
- Coconut Exports in Kenya
- Coconut Imports in Kenya
Coconut Price in Kenya (FOB) - 2022
The average coconut export price stood at $554 per ton in 2022, increasing by 78% against the previous year. Overall, the export price showed resilient growth. The most prominent rate of growth was recorded in 2014 an increase of 138%. Over the period under review, the average export prices reached the maximum at $577 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($1,134 per ton), while the average price for exports to Tanzania ($150 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 Egypt (+30.1%), while the prices for the other major destinations experienced more modest paces of growth.
Coconut Price in Kenya (CIF) - 2022
In 2022, the average coconut import price amounted to $2,595 per ton, increasing by 8.6% against the previous year. Over the period under review, the import price showed strong growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 83%. The import price peaked in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($3,442 per ton), while the price for the United Arab Emirates ($936 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+11.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Coconut Exports in Kenya
Coconut exports from Kenya contracted significantly to 2.7 tons in 2022, waning by -53.4% on the previous year. Overall, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 53%.
In value terms, coconut exports dropped rapidly to $1.5K in 2022. In general, exports faced a dramatic setback.
Export of Coconut in Kenya (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Egypt | 847 | 253 | 1,052 | 918 | 2.7% |
Turkey | N/A | N/A | N/A | 264 | 0% |
United Arab Emirates | 15.0 | 10.0 | 199 | 87.0 | 79.7% |
Rwanda | 146 | 24.0 | 63.0 | 76.0 | -19.6% |
Uganda | 1,032 | 2.0 | 6.0 | 63.0 | -60.6% |
Tanzania | 307 | 14.0 | 187 | 26.0 | -56.1% |
United Kingdom | 35.0 | 9.0 | 24.0 | 22.0 | -14.3% |
Mozambique | N/A | 668 | N/A | N/A | 0% |
France | 8,302 | N/A | N/A | N/A | 0% |
Oman | N/A | 1,151 | N/A | N/A | 0% |
Others | 72.0 | 21.0 | 247 | 17.0 | -38.2% |
Total | 10,756 | 2,152 | 1,778 | 1,473 | -48.5% |
Top Export Markets for Coconut from Kenya in 2022:
- Egypt (1469.0 kg)
- Turkey (503.0 kg)
- United Arab Emirates (364.0 kg)
- Tanzania (173.0 kg)
- Rwanda (67.0 kg)
- United Kingdom (46.0 kg)
- Uganda (30.0 kg)
Coconut Imports in Kenya
In 2022, overseas purchases of coconuts decreased by -93.5% to 1 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports faced a precipitous curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 206% against the previous year.
In value terms, coconut imports declined dramatically to $2.6K in 2022. In general, imports faced a deep reduction. The growth pace was the most rapid in 2020 when imports increased by 319%.
Import of Coconut in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 0.4 | N/A | 4.5 | 1.5 | 55.4% |
India | 1.4 | 3.2 | 4.6 | 0.8 | -17.0% |
South Africa | 0.3 | 0.3 | 0.5 | 0.2 | -12.6% |
United Arab Emirates | 0.4 | 0.4 | 0.5 | 0.2 | -20.6% |
Uganda | 1.7 | N/A | N/A | N/A | 0% |
Malaysia | N/A | 15.1 | N/A | N/A | 0% |
Indonesia | N/A | N/A | 26.9 | N/A | 0% |
Tanzania | 0.4 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 4.6 | 19.1 | 37.0 | 2.6 | -17.3% |
Top Suppliers of Coconut to Kenya in 2022:
- United Kingdom (486.0 kg)
- India (301.0 kg)
- United Arab Emirates (171.0 kg)
- South Africa (52.0 kg)
This report provides an in-depth analysis of the coconut 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 249 - Coconuts
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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