Price for Flour and Meal; of Potatoes in Kenya - 2021

Contents:

1. Price for Flour and Meal; of Potatoes in Kenya (CIF) - 2022
2. Price for Flour and Meal; of Potatoes in Kenya (FOB) - 2022
3. Imports of Flour and Meal; of Potatoes in Kenya
4. Exports of Flour and Meal; of Potatoes in Kenya

Price for Flour and Meal; of Potatoes in Kenya (CIF) - 2022

In 2022, the average import price for flour and meal; of potatoeses amounted to $1,833 per ton, declining by -29.8% against the previous year. In general, the import price, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 154% against the previous year. As a result, import price reached the peak level of $2,612 per ton, and then reduced sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($11,509 per ton), while the price for India ($1,366 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour and Meal; of Potatoes in Kenya (FOB) - 2022

The average export price for flour and meal; of potatoeses stood at $704 per ton in 2022, which is down by -5.4% against the previous year. Overall, the export price continues to indicate a perceptible reduction. The pace of growth was the most pronounced in 2014 an increase of 36%. The export price peaked at $1,032 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($5,550 per ton), while the average price for exports to South Sudan ($285 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 Rwanda (+18.9%), while the prices for the other major destinations experienced a decline.

Imports of Flour and Meal; of Potatoes in Kenya

In 2022, the amount of flour and meal; of potatoeses imported into Kenya rose rapidly to 16 tons, growing by 6.7% on the year before. In general, imports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 304%. As a result, imports attained the peak of 18 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, flour and meal; of potatoes imports declined significantly to $28K in 2022. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 628%.

Top Suppliers of Flour and Meal; of Potatoes to Kenya in 2022:

1. China (9.7 tons)
2. India (5.4 tons)
3. South Africa (0.1 tons)

Exports of Flour and Meal; of Potatoes in Kenya

In 2022, after three years of growth, there was significant decline in overseas shipments of flour and meal; of potatoeses, when their volume decreased by -33.4% to 19 tons. Overall, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 321% against the previous year. As a result, the exports reached the peak of 29 tons, and then contracted dramatically in the following year.

In value terms, flour and meal; of potatoes exports reduced markedly to $13K in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 283%. As a result, the exports attained the peak of $21K, and then declined notably in the following year.

Top Export Markets for Flour and Meal; of Potatoes from Kenya in 2022:

1. South Sudan (8.8 tons)
2. United States (5.9 tons)
3. Uganda (1.6 tons)
4. Rwanda (0.5 tons)

Source: IndexBox Market Intelligence Platform