Kenya - Chocolate And Other Food Preparations Containing Cocoa - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Chocolate and Other Food Preparations Containing Cocoa in Kenya - 2022
Contents:
- Price for Chocolate and Other Food Preparations Containing Cocoa in Kenya (CIF) - 2022
- Price for Chocolate and Other Food Preparations Containing Cocoa in Kenya (FOB) - 2022
- Imports of Chocolate and Other Food Preparations Containing Cocoa in Kenya
- Exports of Chocolate and Other Food Preparations Containing Cocoa in Kenya
Price for Chocolate and Other Food Preparations Containing Cocoa in Kenya (CIF) - 2022
The average import price for chocolate and other food preparations containing cocoa stood at $2,575 per ton in 2022, dropping by -12.9% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 25%. The import price peaked at $2,958 per ton in 2021, and then declined in the following year.
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 the United Arab Emirates ($4,585 per ton), while the price for Germany ($1,809 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Chocolate and Other Food Preparations Containing Cocoa in Kenya (FOB) - 2022
In 2022, the average export price for chocolate and other food preparations containing cocoa amounted to $2,435 per ton, remaining relatively unchanged against the previous year. In general, the export price recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 30% against the previous year. As a result, the export price attained the peak level of $4,661 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($3,468 per ton), while the average price for exports to Democratic Republic of the Congo ($894 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 Democratic Republic of the Congo (+10.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Chocolate and Other Food Preparations Containing Cocoa in Kenya
In 2022, purchases abroad of chocolate and other food preparations containing cocoa decreased by -42.6% to 249 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a mild decrease. The pace of growth appeared the most rapid in 2020 with an increase of 41%.
In value terms, imports of chocolate and other food preparations containing cocoa dropped remarkably to $641K in 2022. Over the period under review, imports continue to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 when imports increased by 42%.
| Import of Chocolate and Other Food Preparations Containing Cocoa in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 50.3 | 38.1 | 214 | 165 | 48.6% |
| Turkey | 53.3 | 31.9 | 102 | 111 | 27.7% |
| Belgium | 56.1 | 16.8 | 121 | 94.0 | 18.8% |
| Germany | 70.5 | 42.3 | 262 | 81.7 | 5.0% |
| United Arab Emirates | 33.6 | 56.4 | 92.7 | 72.1 | 29.0% |
| South Africa | 5.2 | 27.9 | 7.1 | 27.2 | 73.6% |
| Malaysia | N/A | 10.2 | 19.8 | 25.4 | 57.8% |
| India | 52.6 | 14.9 | 47.3 | 16.8 | -31.6% |
| Egypt | 396 | 794 | 374 | N/A | -2.8% |
| Others | 33.2 | 37.0 | 149 | 48.1 | 13.2% |
| Total | 751 | 1,069 | 1,388 | 641 | -5.1% |
Top Suppliers of Chocolate and Other Food Preparations Containing Cocoa to Kenya in 2022:
- Singapore (72.5 tons)
- Turkey (52.4 tons)
- Germany (45.2 tons)
- Belgium (25.0 tons)
- United Arab Emirates (15.7 tons)
- Malaysia (12.6 tons)
- South Africa (12.5 tons)
- India (7.8 tons)
Exports of Chocolate and Other Food Preparations Containing Cocoa in Kenya
In 2022, overseas shipments of chocolate and other food preparations containing cocoa were finally on the rise to reach 27 tons after two years of decline. Over the period under review, exports, however, continue to indicate a sharp reduction.
In value terms, exports of chocolate and other food preparations containing cocoa surged to $45K in 2022. Overall, exports, however, faced a sharp shrinkage.
| Export of Chocolate and Other Food Preparations Containing Cocoa in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 15.5 | N/A | 8.0 | 22.1 | 12.6% |
| Democratic Republic of the Congo | 8.1 | N/A | N/A | 12.4 | 15.3% |
| Rwanda | 10.3 | 3.7 | 5.7 | 10.8 | 1.6% |
| Poland | N/A | 17.5 | N/A | N/A | 0% |
| Uganda | 107 | 51.2 | 11.6 | N/A | -67.1% |
| Others | 0.7 | N/A | N/A | N/A | 0% |
| Total | 142 | 72.5 | 25.4 | 45.4 | -31.6% |
Top Export Markets for Chocolate and Other Food Preparations Containing Cocoa from Kenya in 2022:
- Democratic Republic of the Congo (13.9 tons)
- Tanzania (9.6 tons)
- Rwanda (3.1 tons)
This report provides an in-depth analysis of the chocolate market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10822130 - Chocolate and other food preparations containing cocoa, in blocks, slabs or bars > 2 kg or in liquid, paste, powder, g ranular or other bulk form, in containers or immediate packings of a content > 2 kg, containing . .18 % by weight of
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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