Price for Cereals; Oats, Other than Seed in Kenya - 2022
Contents:
- Price for Cereals; Oats, Other than Seed in Kenya (CIF) - 2022
- Price for Cereals; Oats, Other than Seed in Kenya (FOB) - 2022
- Imports of Cereals; Oats, Other than Seed in Kenya
- Exports of Cereals; Oats, Other than Seed in Kenya
Price for Cereals; Oats, Other than Seed in Kenya (CIF) - 2022
The average import price for cereals; oats, other than seeds stood at $430 per ton in 2022, which is down by -21.6% against the previous year. Over the period under review, the import price, however, continues to indicate measured growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 125%. The import price peaked at $959 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 United States ($780 per ton), while the price for Uganda ($345 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+9.7%), while the prices for the other major suppliers experienced a decline.
Price for Cereals; Oats, Other than Seed in Kenya (FOB) - 2022
In 2022, the average export price for cereals; oats, other than seeds amounted to $776 per ton, increasing by 89% against the previous year. Over the period under review, the export price posted a strong increase. Over the period under review, the average export prices reached the maximum at $1,405 per ton in 2017; however, from 2018 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 Rwanda ($1,000 per ton), while the average price for exports to Uganda ($167 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 Canada (+41.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereals; Oats, Other than Seed in Kenya
For the third year in a row, Kenya recorded decline in overseas purchases of cereals; oats, other than seeds, which decreased by -25.5% to 17 tons in 2022. Overall, imports faced a precipitous contraction. The smallest decline of -22.5% was in 2020.
In value terms, cereals; oats, other than seed imports shrank notably to $7.5K in 2022. Over the period under review, imports showed a precipitous shrinkage.
| Import of Cereals; Oats, Other than Seed in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 19.7 | 11.4 | 7.4 | 4.6 | -38.4% |
| United Arab Emirates | 17.5 | 9.1 | 4.6 | 2.2 | -49.9% |
| United States | N/A | N/A | 0.2 | 0.3 | 50.0% |
| Sweden | N/A | 1.4 | N/A | N/A | 0% |
| Others | 0.4 | 0.1 | 0.6 | 0.3 | -9.1% |
| Total | 37.7 | 22.0 | 12.8 | 7.5 | -41.6% |
Top Suppliers of Cereals; Oats, Other than Seed to Kenya in 2022:
- Uganda (13.4 tons)
- United Arab Emirates (3.3 tons)
- United States (0.4 tons)
Exports of Cereals; Oats, Other than Seed in Kenya
In 2022, approx. 214 kg of cereals; oats, other than seeds were exported from Kenya; with a decrease of -93.1% on the previous year. In general, exports saw a significant decline. The growth pace was the most rapid in 2021 when exports increased by 135%.
In value terms, cereals; oats, other than seed exports fell remarkably to $166 in 2022. Over the period under review, exports recorded a sharp decline. The pace of growth was the most pronounced in 2021 when exports increased by 130%.
| Export of Cereals; Oats, Other than Seed in Kenya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 363 | 104 | 175 | 156 | -24.5% |
| Uganda | 1,253 | 333 | 760 | 4.0 | -85.3% |
| Rwanda | 780 | 107 | 293 | 1.0 | -89.1% |
| Others | 49.0 | 14.0 | 55.0 | 5.0 | -53.3% |
| Total | 2,445 | 558 | 1,283 | 166 | -59.2% |
Top Export Markets for Cereals; Oats, Other than Seed from Kenya in 2022:
- Canada (184.0 kg)
- Uganda (24.0 kg)
- Rwanda (1.0 kg)
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