Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Kenya - 2022

Contents:

  1. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Kenya (CIF) - 2022
  2. Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Kenya (FOB) - 2022
  3. Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Kenya
  4. Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Kenya

Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Kenya (CIF) - 2022

The average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $1,143 per ton in 2022, with an increase of 27% against the previous year. In general, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 increased by +63.3% against 2017 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +3.9% per year.

Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Kenya (FOB) - 2022

In 2022, the average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $398 per ton, waning by -50.7% against the previous year. Over the period under review, the export price recorded a deep contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 118%. The export price peaked at $997 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uganda ($698 per ton), while the average price for exports to Canada ($379 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 Saudi Arabia (+62.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Kenya

In 2022, after three years of growth, there was significant decline in overseas purchases of flour and meal; of the dried leguminous vegetables of heading no. 0713, when their volume decreased by -54.5% to 568 tons. In general, imports, however, continue to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 148%.

In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 reduced sharply to $649K in 2022. Over the period under review, imports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 164%.

Import of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France90.367097263391.4%
Saudi Arabia33.456.134.6N/A1.8%
Denmark21616049.3N/A-52.2%
Others39.611570.515.8-26.4%
Total3791,0011,12764919.6%

Top Suppliers of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 to Kenya in 2022:

  1. France (552.0 tons)

Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Kenya

In 2022, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 from Kenya soared to 95 tons, picking up by 1,478% on 2021 figures. In general, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 soared to $38K in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada1.81.70.833.3164.5%
Uganda0.20.30.32.5132.1%
United States1.10.10.11.35.7%
Australia0.40.5N/A0.614.5%
QatarN/A12.0N/AN/A0%
Saudi ArabiaN/A10.13.3N/A-67.3%
Others2.00.90.40.3-46.9%
Total5.525.64.938.090.5%

Top Export Markets for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 from Kenya in 2022:

  1. Canada (87.7 tons)
  2. Uganda (3.5 tons)
  3. United States (2.3 tons)
  4. Australia (0.8 tons)

Source: IndexBox Market Intelligence Platform

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