Liqueurs and Cordials Price in Kenya - 2021
Contents:
- Liqueurs and Cordials Price in Kenya (CIF) - 2022
- Liqueurs and Cordials Price in Kenya (FOB) - 2022
- Liqueurs and Cordials Imports in Kenya
- Liqueurs and Cordials Exports in Kenya
Liqueurs and Cordials Price in Kenya (CIF) - 2022
The average liqueurs and cordials import price stood at $4.1 per litre in 2022, with a decrease of -3.3% against the previous year. In general, the import price recorded a perceptible shrinkage. The growth pace was the most rapid in 2017 an increase of 19% against the previous year. Over the period under review, average import prices hit record highs at $6.1 per litre in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($9.9 per litre), while the price for Ireland ($2.4 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Liqueurs and Cordials Price in Kenya (FOB) - 2022
In 2022, the average liqueurs and cordials export price amounted to $4.9 per litre, picking up by 19% against the previous year. Over the period under review, the export price, however, showed a noticeable contraction. The pace of growth appeared the most rapid in 2013 when the average export price increased by 27% against the previous year. As a result, the export price attained the peak level of $7.6 per litre. From 2014 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($10 per litre), while the average price for exports to Rwanda ($1.6 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+1.8%), while the prices for the other major destinations experienced mixed trend patterns.
Liqueurs and Cordials Imports in Kenya
In 2022, approx. 1.2M litres of liqueurs and cordialses were imported into Kenya; surging by 14% on the previous year's figure. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +12.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 57% against the previous year. As a result, imports attained the peak of 1.3M litres. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, liqueurs and cordials imports expanded markedly to $4.8M in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 23% against the previous year. As a result, imports attained the peak of $5.2M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Liqueurs and Cordials in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 1,177 | 1,833 | 1,033 | 1,268 | 2.5% |
| Ireland | 592 | 1,208 | 1,131 | 784 | 9.8% |
| Mexico | 296 | 257 | 448 | 712 | 34.0% |
| Germany | 542 | 621 | 675 | 383 | -10.9% |
| United Arab Emirates | 455 | 187 | 92.3 | 371 | -6.6% |
| France | 204 | 346 | 86.0 | 258 | 8.1% |
| United States | 149 | 154 | 96.0 | 192 | 8.8% |
| Tanzania | 154 | 40.5 | 91.6 | 149 | -1.1% |
| Netherlands | 74.8 | 65.2 | 61.9 | 121 | 17.4% |
| Italy | 127 | 61.2 | 158 | 92.8 | -9.9% |
| Others | 500 | 464 | 461 | 454 | -3.2% |
| Total | 4,270 | 5,237 | 4,334 | 4,785 | 3.9% |
Top Suppliers of Liqueurs and Cordials to Kenya in 2022:
- Ireland (323.7K litres)
- South Africa (230.7K litres)
- Mexico (173.2K litres)
- United Arab Emirates (82.4K litres)
- Germany (66.1K litres)
- United States (47.6K litres)
- Tanzania (46.5K litres)
- Netherlands (39.0K litres)
- France (26.1K litres)
- Italy (12.2K litres)
Liqueurs and Cordials Exports in Kenya
In 2022, the amount of liqueurs and cordialses exported from Kenya skyrocketed to 78K litres, picking up by 25% compared with 2021. Over the period under review, exports, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 32% against the previous year. As a result, the exports attained the peak of 137K litres. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, liqueurs and cordials exports surged to $380K in 2022. In general, exports, however, recorded a abrupt decrease. The exports peaked at $619K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Liqueurs and Cordials in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 44.0 | 49.2 | 41.3 | 87.2 | 25.6% |
| United Arab Emirates | 44.0 | 45.4 | 29.9 | 37.5 | -5.2% |
| Democratic Republic of the Congo | 18.0 | 11.8 | 33.7 | 36.3 | 26.3% |
| South Africa | 1.7 | 1.7 | 15.4 | 21.6 | 133.3% |
| Uganda | 25.6 | 22.6 | 11.9 | 14.5 | -17.3% |
| United Kingdom | 32.7 | 3.8 | 9.0 | 10.8 | -30.9% |
| South Sudan | 26.1 | 11.3 | 0.5 | 8.0 | -32.6% |
| Free Zones | N/A | 108 | N/A | N/A | 0% |
| Rwanda | 16.3 | 42.1 | 0.7 | N/A | -79.3% |
| Others | 410 | 208 | 114 | 164 | -26.3% |
| Total | 619 | 504 | 256 | 380 | -15.0% |
Top Export Markets for Liqueurs and Cordials from Kenya in 2022:
- Rwanda (undefinedK litres)
- United Arab Emirates (17.0K litres)
- Tanzania (11.9K litres)
- Democratic Republic of the Congo (11.4K litres)
- South Africa (5.2K litres)
- Uganda (3.3K litres)
- South Sudan (1.6K litres)
- United Kingdom (1.0K litres)
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