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Kenya - Figs - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFig Price in Kenya - 2021
Contents:
- Fig Price in Kenya (CIF) - 2022
- Fig Price in Kenya (FOB) - 2022
- Fig Imports in Kenya
- Fig Exports in Kenya
Fig Price in Kenya (CIF) - 2022
In 2022, the average fig import price amounted to $3,770 per ton, remaining constant against the previous year. In general, the import price enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2020 an increase of 82% against the previous year. As a result, import price attained the peak level of $7,703 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($3,862 per ton), while the price for Saudi Arabia amounted to $3,572 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+2.4%).
Fig Price in Kenya (FOB) - 2022
In 2022, the average fig export price amounted to $1,599 per ton, surging by 22% against the previous year. Overall, the export price, however, recorded a abrupt decline. The growth pace was the most rapid in 2015 when the average export price increased by 78%. Over the period under review, the average export prices reached the maximum at $7,591 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
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 the Netherlands ($2,166 per ton), while the average price for exports to Somalia ($75 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 Netherlands (+11.9%), while the prices for the other major destinations experienced a decline.
Fig Imports in Kenya
Fig imports into Kenya declined markedly to 5.1 tons in 2022, shrinking by -16% on 2021. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 196% against the previous year. As a result, imports reached the peak of 6.1 tons, and then shrank notably in the following year.
In value terms, fig imports declined markedly to $19K in 2022. Overall, imports showed a pronounced reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 43% against the previous year. As a result, imports attained the peak of $23K, and then shrank markedly in the following year.
Import of Fig in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Saudi Arabia | 20.2 | 15.3 | 20.6 | 17.7 | -4.3% |
United Arab Emirates | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
Others | 0.9 | 0.5 | 2.0 | 1.3 | 13.0% |
Total | 21.2 | 15.9 | 22.8 | 19.4 | -2.9% |
Top Suppliers of Fig to Kenya in 2022:
- Saudi Arabia (5.0 tons)
- United Arab Emirates (0.1 tons)
Fig Exports in Kenya
In 2022, shipments abroad of figs decreased by -39.5% to 5.9 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 374% against the previous year. As a result, the exports reached the peak of 9.7 tons, and then shrank notably in the following year.
In value terms, fig exports reduced dramatically to $9.4K in 2022. Overall, exports recorded a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 109%. As a result, the exports attained the peak of $13K, and then declined rapidly in the following year.
Export of Fig in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Qatar | 8.6 | 3.6 | 7.1 | 7.5 | -4.5% |
Netherlands | N/A | 0.1 | 1.1 | 0.5 | 123.6% |
United Kingdom | 0.7 | 0.7 | 0.9 | 0.4 | -17.0% |
United Arab Emirates | 0.7 | 0.5 | 0.5 | 0.2 | -34.1% |
Austria | 0.2 | 0.3 | 0.3 | 0.1 | -20.6% |
Germany | 0.3 | 0.3 | 0.2 | 0.1 | -30.7% |
Belgium | N/A | N/A | 0.6 | N/A | 0% |
Swaziland | N/A | N/A | 0.2 | N/A | 0% |
Somalia | N/A | 0.1 | 0.1 | N/A | 0.0% |
Switzerland | N/A | N/A | 0.5 | N/A | 0% |
Others | 0.7 | 0.6 | 1.1 | 0.4 | -17.0% |
Total | 11.3 | 6.1 | 12.7 | 9.4 | -6.0% |
Top Export Markets for Fig from Kenya in 2022:
- Qatar (3990.0 kg)
- Somalia (628.0 kg)
- United Kingdom (448.0 kg)
- Netherlands (225.0 kg)
- Germany (214.0 kg)
- United Arab Emirates (177.0 kg)
- Austria (95.0 kg)
This report provides an in-depth analysis of the fig 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 569 - Figs
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
- 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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