Price for Cereals; Maize (Corn), Other than Seed in Kenya - 2022
Contents:
- Price for Cereals; Maize (Corn), Other than Seed in Kenya (CIF) - 2022
- Price for Cereals; Maize (Corn), Other than Seed in Kenya (FOB) - 2022
- Imports of Cereals; Maize (Corn), Other than Seed in Kenya
- Exports of Cereals; Maize (Corn), Other than Seed in Kenya
Price for Cereals; Maize (Corn), Other than Seed in Kenya (CIF) - 2022
In 2022, the average import price for cereals; maize (corn), other than seeds amounted to $244 per ton, remaining stable against the previous year. In general, the import price, however, recorded a slight contraction. The growth pace was the most rapid in 2015 an increase of 35%. The import price peaked at $274 per ton in 2012; however, from 2013 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 Mozambique ($499 per ton), while the price for Malawi ($188 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Romania (+44.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereals; Maize (Corn), Other than Seed in Kenya (FOB) - 2022
In 2022, the average export price for cereals; maize (corn), other than seeds amounted to $789 per ton, picking up by 96% against the previous year. Overall, the export price recorded a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($4,564 per ton), while the average price for exports to Uganda ($352 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 Tanzania (+13.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Maize (Corn), Other than Seed in Kenya
In 2022, approx. 773K tons of cereals; maize (corn), other than seeds were imported into Kenya; rising by 63% compared with the previous year. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 102% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of cereals; maize (corn), other than seeds soared to $188M in 2022. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 104% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Cereals; Maize (Corn), Other than Seed in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 27.0 | 23.0 | 96.0 | 154 | 78.7% |
| Zambia | 5.3 | 8.5 | 7.1 | 10.1 | 24.0% |
| Mozambique | 1.1 | 2.7 | 3.3 | 10.0 | 108.7% |
| Romania | N/A | 1.2 | N/A | 9.5 | 181.4% |
| Ethiopia | 0.4 | 0.9 | 1.1 | 3.1 | 97.9% |
| Uganda | 4.1 | 3.3 | 0.5 | 0.2 | -63.5% |
| Serbia | N/A | 6.9 | N/A | N/A | 0% |
| Ukraine | 5.0 | 2.1 | 5.9 | N/A | 8.6% |
| Others | 1.5 | 8.1 | 1.6 | 1.5 | 0.0% |
| Total | 44.4 | 56.6 | 115 | 188 | 61.8% |
Top Suppliers of Cereals; Maize (Corn), Other than Seed to Kenya in 2022:
- Tanzania (657.9K tons)
- Zambia (52.6K tons)
- Romania (22.0K tons)
- Mozambique (20.0K tons)
- Ethiopia (15.7K tons)
- Uganda (0.8K tons)
Exports of Cereals; Maize (Corn), Other than Seed in Kenya
In 2022, shipments abroad of cereals; maize (corn), other than seeds decreased by -78.3% to 831 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 1,338% against the previous year. As a result, the exports reached the peak of 3.8K tons, and then fell significantly in the following year.
In value terms, exports of cereals; maize (corn), other than seeds reduced remarkably to $656K in 2022. In general, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 1,382%. As a result, the exports attained the peak of $1.5M, and then declined remarkably in the following year.
| Export of Cereals; Maize (Corn), Other than Seed in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ethiopia | 21.5 | 36.1 | 293 | 401 | 165.2% |
| United Kingdom | 0.7 | 0.9 | 21.6 | 101 | 424.5% |
| South Sudan | 0.2 | 0.8 | 13.4 | 80.6 | 638.6% |
| Uganda | 0.1 | 0.3 | 7.5 | 11.7 | 389.1% |
| Tanzania | 18.2 | 50.3 | 1,105 | N/A | 679.2% |
| Others | 7.3 | 15.6 | 101 | 62.1 | 104.1% |
| Total | 47.9 | 104 | 1,541 | 656 | 139.3% |
Top Export Markets for Cereals; Maize (Corn), Other than Seed from Kenya in 2022:
- Ethiopia (644.0 tons)
- South Sudan (111.3 tons)
- Uganda (33.3 tons)
- United Kingdom (22.0 tons)
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