Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Kenya - 2022

Contents:

  1. Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Kenya (FOB) - 2022
  2. Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Kenya (CIF) - 2022
  3. Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Kenya
  4. Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Kenya

Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Kenya (FOB) - 2022

In 2022, the average export price for seed; sugar beet seed, of a kind used for sowing amounted to $101,311 per ton, surging by 1,565% against the previous year. In general, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Nigeria.

From 2012 to 2022, the rate of growth in terms of prices for Uganda amounted to -5.5% per year.

Price for Seed; Sugar Beet Seed, of A Kind Used for Sowing in Kenya (CIF) - 2022

In 2022, the average import price for seed; sugar beet seed, of a kind used for sowing amounted to $6,500 per ton, declining by -75.8% against the previous year. Overall, the import price recorded a noticeable slump. The pace of growth was the most pronounced in 2013 when the average import price increased by 111% against the previous year. Over the period under review, average import prices reached the peak figure at $26,903 per ton in 2021, and then reduced rapidly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +4.3% per year.

Exports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Kenya

For the fourth consecutive year, Kenya recorded growth in shipments abroad of seed; sugar beet seed, of a kind used for sowing, which increased by 91% to 90 kg in 2022. Over the period under review, exports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 488%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of seed; sugar beet seed, of a kind used for sowing soared to $9.1K in 2022. In general, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NigeriaN/AN/AN/A9.10%
UgandaN/A0.10.3N/A200.0%
OthersN/AN/AN/AN/A0%
TotalN/A0.10.39.1853.9%

Top Export Markets for Seed; Sugar Beet Seed, of A Kind Used for Sowing from Kenya in 2022:

  1. Nigeria (90.0 kg)

Imports of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Kenya

In 2022, the amount of seed; sugar beet seed, of a kind used for sowing imported into Kenya declined notably to 2 kg, which is down by -93.5% on 2021. Overall, imports showed a precipitous curtailment. The smallest decline of -6.1% was in 2021.

In value terms, imports of seed; sugar beet seed, of a kind used for sowing fell remarkably to $13 in 2022. In general, imports saw a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 82%.

Import of Seed; Sugar Beet Seed, of A Kind Used for Sowing in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom1,02414278.013.0-76.7%
South Africa291165569N/A39.8%
Italy696139167N/A-51.0%
Others1,73213.020.0N/A-89.3%
Total3,74345983413.0-84.9%

Top Suppliers of Seed; Sugar Beet Seed, of A Kind Used for Sowing to Kenya in 2022:

  1. United Kingdom (2.0 kg)

Source: IndexBox Market Intelligence Platform

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