Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Kenya - 2022

Contents:

1. Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Kenya (FOB) - 2022
2. Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Kenya (CIF) - 2022
3. Exports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Kenya
4. Imports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Kenya

Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Kenya (FOB) - 2022

In 2022, the average export price for nuts, edible; macadamia, fresh or dried, in shells amounted to $3,052 per ton, falling by -3.1% against the previous year. Overall, the export price, however, continues to indicate tangible growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 76% against the previous year. Over the period under review, the average export prices reached the peak figure at $11,024 per ton in 2017; however, from 2018 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 the Netherlands ($30,530 per ton), while the average price for exports to Tanzania ($7.4 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 the Netherlands (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Kenya (CIF) - 2022

The average import price for nuts, edible; macadamia, fresh or dried, in shells stood at $4,540 per ton in 2022, approximately equating the previous year. Overall, the import price, however, continues to indicate a drastic downturn. Over the period under review, average import prices attained the maximum at $18,807 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to -1.4% per year.

Exports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Kenya

In 2022, the amount of nuts, edible; macadamia, fresh or dried, in shells exported from Kenya amounted to 31 tons, growing by 12% on 2021. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +18.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.9% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 29%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of nuts, edible; macadamia, fresh or dried, in shells reached $94K in 2022. Over the period under review, exports, however, showed a abrupt decline.

Top Export Markets for Nuts, Edible; Macadamia, Fresh or Dried, in Shell from Kenya in 2022:

1. Tanzania (10.2 tons)
2. Hong Kong SAR (8.6 tons)
3. United States (7.4 tons)
4. Kyrgyzstan (2.3 tons)
5. Netherlands (0.6 tons)
6. Kazakhstan (0.6 tons)
7. Vietnam (0.5 tons)
8. China (0.2 tons)

Imports of Nuts, Edible; Macadamia, Fresh or Dried, in Shell in Kenya

After two years of growth, supplies from abroad of nuts, edible; macadamia, fresh or dried, in shells decreased by -8.4% to 2.3 tons in 2022. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 397%. As a result, imports attained the peak of 2.5 tons, and then contracted in the following year.

In value terms, imports of nuts, edible; macadamia, fresh or dried, in shells contracted to $10K in 2022. The total import value increased at an average annual rate of +4.9% from 2020 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 20%. As a result, imports attained the peak of $11K, and then dropped in the following year.

Top Suppliers of Nuts, Edible; Macadamia, Fresh or Dried, in Shell to Kenya in 2022:

1. Tanzania (2.3 tons)

Source: IndexBox Market Intelligence Platform