Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Kenya - 2022

Contents:

  1. Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Kenya (CIF) - 2022
  2. Imports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Kenya

Price for Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Kenya (CIF) - 2022

The average import price for ground-nuts; in shell, not roasted or otherwise cooked stood at $784 per ton in 2022, approximately reflecting the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 105%. As a result, import price attained the peak level of $1,460 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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 Uganda ($2,486 per ton), while the price for Tanzania amounted to $611 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malawi (+281.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Kenya

In 2022, after three years of growth, there was significant decline in purchases abroad of ground-nuts; in shell, not roasted or otherwise cooked, when their volume decreased by -8.3% to 236 tons. The total import volume increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 20%.

In value terms, imports of ground-nuts; in shell, not roasted or otherwise cooked shrank to $185K in 2022. The total import value increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 20% against the previous year. As a result, imports attained the peak of $202K, and then dropped in the following year.

Import of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania85.210813713115.4%
Uganda55.260.365.554.1-0.7%
OthersN/AN/AN/AN/A0%
Total1401682021859.7%

Top Suppliers of Ground-Nuts; in Shell, Not Roasted or Otherwise Cooked to Kenya in 2022:

  1. Tanzania (214.7 tons)
  2. Uganda (21.8 tons)

Source: IndexBox Market Intelligence Platform

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