Pharmaceutical Goods Price in Kenya - 2021
Contents:
- Pharmaceutical Goods Price in Kenya (CIF) - 2022
- Pharmaceutical Goods Price in Kenya (FOB) - 2022
- Pharmaceutical Goods Imports in Kenya
- Pharmaceutical Goods Exports in Kenya
Pharmaceutical Goods Price in Kenya (CIF) - 2022
In 2022, the average pharmaceutical goods import price amounted to $43,728 per ton, dropping by -2.6% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 29%. Over the period under review, average import prices hit record highs at $47,195 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($111,833 per ton), while the price for Italy ($6,455 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Pharmaceutical Goods Price in Kenya (FOB) - 2022
In 2022, the average pharmaceutical goods export price amounted to $56,002 per ton, jumping by 22% against the previous year. Over the period under review, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 an increase of 63% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
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 Uganda ($85,430 per ton), while the average price for exports to Rwanda ($18,935 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 Uganda (+12.6%), while the prices for the other major destinations experienced more modest paces of growth.
Pharmaceutical Goods Imports in Kenya
In 2022, imports of pharmaceutical goodses into Kenya totaled 491 tons, picking up by 1.9% against 2021 figures. The total import volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 10%. As a result, imports attained the peak of 492 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, pharmaceutical goods imports fell slightly to $21M in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 1.6% against the previous year. As a result, imports reached the peak of $22M, leveling off in the following year.
| Import of Pharmaceutical Goods in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 2.7 | 1.1 | 3.4 | 5.2 | 24.4% |
| Netherlands | 1.8 | 4.1 | 3.4 | 3.7 | 27.1% |
| India | 1.8 | 1.3 | 2.6 | 3.7 | 27.1% |
| China | 3.0 | 2.4 | 3.3 | 1.7 | -17.2% |
| Ireland | 1.4 | 0.8 | 0.8 | 1.1 | -7.7% |
| Hungary | 0.9 | 0.7 | 0.7 | 0.7 | -8.0% |
| Switzerland | 0.5 | 0.2 | 0.5 | 0.6 | 6.3% |
| Turkey | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
| Italy | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| Germany | 2.2 | 3.3 | 1.9 | 0.2 | -55.0% |
| Finland | 3.8 | 3.4 | 1.6 | N/A | -35.1% |
| Others | 2.5 | 3.7 | 3.2 | 4.1 | 17.9% |
| Total | 21.0 | 21.3 | 21.7 | 21.5 | 0.8% |
Top Suppliers of Pharmaceutical Goods to Kenya in 2022:
- Finland (undefined tons)
- India (133.4 tons)
- China (104.4 tons)
- Belgium (49.1 tons)
- Netherlands (33.1 tons)
- Turkey (31.3 tons)
- Switzerland (31.3 tons)
- Italy (23.9 tons)
- Hungary (21.5 tons)
- Ireland (12.6 tons)
- Germany (6.4 tons)
Pharmaceutical Goods Exports in Kenya
In 2022, overseas shipments of pharmaceutical goodses decreased by -26.5% to 20 tons for the first time since 2018, thus ending a three-year rising trend. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +11.6% 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 +38.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 38%.
In value terms, pharmaceutical goods exports reduced to $1.1M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.7% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 39%.
| Export of Pharmaceutical Goods in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Somalia | 114 | 158 | 140 | 159 | 11.7% |
| Afghanistan | 0.9 | 151 | 129 | 147 | 446.6% |
| South Sudan | 136 | 89.5 | 87.0 | 111 | -6.5% |
| Ethiopia | 4.1 | 80.5 | 65.6 | 74.6 | 163.0% |
| Uganda | 94.1 | 50.9 | 40.7 | 65.7 | -11.3% |
| Mozambique | 0.2 | 2.4 | 28.7 | 62.5 | 578.6% |
| Myanmar | 44.5 | 55.8 | 52.6 | 59.7 | 10.3% |
| Niger | 8.2 | 9.3 | 34.7 | 39.5 | 68.9% |
| Democratic Republic of the Congo | 15.4 | 32.8 | 29.2 | 33.1 | 29.1% |
| Rwanda | 17.3 | 46.3 | 134 | 20.0 | 5.0% |
| Tanzania | 3.4 | 15.0 | 13.1 | 13.7 | 59.1% |
| Sudan | 1.2 | 2.7 | 9.6 | 10.9 | 108.6% |
| Burundi | 39.8 | 51.8 | 16.8 | 2.1 | -62.5% |
| Others | 234 | 245 | 463 | 319 | 10.9% |
| Total | 713 | 991 | 1,244 | 1,118 | 16.2% |
Top Export Markets for Pharmaceutical Goods from Kenya in 2022:
- Ethiopia (2.9 tons)
- Somalia (2.8 tons)
- Afghanistan (2.6 tons)
- Myanmar (1.9 tons)
- South Sudan (1.9 tons)
- Mozambique (1.4 tons)
- Niger (1.3 tons)
- Rwanda (1.1 tons)
- Uganda (0.8 tons)
- Democratic Republic of the Congo (0.7 tons)
- Sudan (0.5 tons)
- Tanzania (0.4 tons)
- Burundi (0.1 tons)
327
This report provides an in-depth analysis of the blood-grouping reagents market in Kenya.
331
This report provides an in-depth analysis of the chemical contraceptive preparations market in Kenya.
291
This report provides an in-depth analysis of the medical reconstruction cements market in Kenya.
483
This report provides an in-depth analysis of the first-aid kit market in Kenya.
383
This report provides an in-depth analysis of the medical gel preparations market in Kenya.
370
This report provides an in-depth analysis of the x-ray examination preparations market in Kenya.
225
This report provides an in-depth analysis of the market for sterile medical adhesion barrier in Kenya.
613
This report provides an in-depth analysis of the global blood-grouping reagents market.
660
This report provides an in-depth analysis of the global chemical contraceptive preparations market.
715
This report provides an in-depth analysis of the global medical reconstruction cements market.
200
Discover the world's leading import markets for chemical contraceptive preparations, including key statistics and numbers. Find out which countries import the most and why.
40
Discover the top import markets for medical reconstruction cements and the key countries driving import demand. Explore the market insights and statistics from leading countries.
236
Discover the top import markets for medical gel preparations based on import value data from IndexBox. Learn about the key countries driving the global market for medical gel products.
185
Discover the leading countries for importing X-ray examination preparations and the key statistics behind their market values.
109
Explore the top import markets for sterile medical adhesion barriers around the world. Learn about the key countries driving the demand for these crucial healthcare products.
200
Discover the world's leading import markets for chemical contraceptive preparations, including key statistics and numbers. Find out which countries import the most and why.
40
Discover the top import markets for medical reconstruction cements and the key countries driving import demand. Explore the market insights and statistics from leading countries.
236
Discover the top import markets for medical gel preparations based on import value data from IndexBox. Learn about the key countries driving the global market for medical gel products.
185
Discover the leading countries for importing X-ray examination preparations and the key statistics behind their market values.
109
Explore the top import markets for sterile medical adhesion barriers around the world. Learn about the key countries driving the demand for these crucial healthcare products.
