Flakes; of Potatoes Price in Kenya - 2021

Contents:

1. Flakes; of Potatoes Price in Kenya (CIF) - 2022
2. Flakes; of Potatoes Price in Kenya (FOB) - 2022
3. Flakes; of Potatoes Imports in Kenya
4. Flakes; of Potatoes Exports in Kenya

Flakes; of Potatoes Price in Kenya (CIF) - 2022

The average flakes; of potatoes import price stood at $1,584 per ton in 2022, declining by -12.4% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 49% against the previous year. The import price peaked at $2,171 per ton in 2013; however, from 2014 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 South Africa ($10,000 per ton), while the price for India ($440 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+18.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Flakes; of Potatoes Price in Kenya (FOB) - 2022

In 2022, the average flakes; of potatoes export price amounted to $2,312 per ton, almost unchanged from the previous year. Over the period under review, the export price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 40%. The export price peaked at $4,305 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Somalia ($11,920 per ton), while the average price for exports to Sudan ($1,932 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 Somalia (+5.2%), while the prices for the other major destinations experienced a decline.

Flakes; of Potatoes Imports in Kenya

In 2022, purchases abroad of flakes; of potatoeses was finally on the rise to reach 594 kg after two years of decline. Over the period under review, imports, however, saw a sharp setback.

In value terms, flakes; of potatoes imports rose remarkably to $941 in 2022. Overall, imports, however, showed a abrupt contraction.

Top Suppliers of Flakes; of Potatoes to Kenya in 2022:

1. United Arab Emirates (236.0 kg)
2. Spain (221.0 kg)
3. Germany (46.0 kg)
4. United Kingdom (35.0 kg)
5. Belgium (30.0 kg)
6. India (25.0 kg)

Flakes; of Potatoes Exports in Kenya

In 2022, shipments abroad of flakes; of potatoeses decreased by -3.5% to 15 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +25.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +96.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 90%.

In value terms, flakes; of potatoes exports fell modestly to $35K in 2022. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 98% against the previous year.

Top Export Markets for Flakes; of Potatoes from Kenya in 2022:

1. Sudan (9.3 tons)
2. United Kingdom (5.6 tons)
3. Somalia (0.3 tons)

Source: IndexBox Market Intelligence Platform