Price for Wine; Still, in Containers Holding More than 2 Litres in Kenya - 2022

Contents:

  1. Price for Wine; Still, in Containers Holding More than 2 Litres in Kenya (CIF) - 2022
  2. Price for Wine; Still, in Containers Holding More than 2 Litres in Kenya (FOB) - 2022
  3. Imports of Wine; Still, in Containers Holding More than 2 Litres in Kenya
  4. Exports of Wine; Still, in Containers Holding More than 2 Litres in Kenya

Price for Wine; Still, in Containers Holding More than 2 Litres in Kenya (CIF) - 2022

The average import price for wine; still, in containers holding more than 2 litreses stood at $2.0 per litre in December 2021, rising by 136% against the previous month. In general, the import price enjoyed buoyant growth. The import price peaked at $2.3 per litre in September 2021; however, from October 2021 to December 2021, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was New Zealand ($7.0 per litre), while the price for South Africa ($1.5 per litre) was amongst the lowest.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by South Africa (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Wine; Still, in Containers Holding More than 2 Litres in Kenya (FOB) - 2022

The average export price for wine; still, in containers holding more than 2 litreses stood at $4.6 per litre in 2022, picking up by 191% against the previous year. Over the period under review, the export price posted a buoyant increase. The most prominent rate of growth was recorded in 2019 an increase of 237%. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($7.7 per litre), while the average price for exports to South Sudan ($1.2 per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wine; Still, in Containers Holding More than 2 Litres in Kenya

In 2022, the amount of wine; still, in containers holding more than 2 litreses imported into Kenya reduced notably to 2.6M litres, shrinking by -20.7% compared with the previous year. Over the period under review, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 17% against the previous year. Over the period under review, imports of attained the peak figure at 3.3M litres in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of wine; still, in containers holding more than 2 litreses declined to $3.3M in 2022. Overall, imports saw a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 6.1% against the previous year. Imports peaked at $4.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Wine; Still, in Containers Holding More than 2 Litres in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Africa2,7762,1662,0502,7920.2%
Cyprus329138261244-9.5%
Namibia5.515820378.7142.8%
United Arab Emirates46383174314.3-68.6%
Others589143388161-35.1%
Total4,1633,4353,6453,291-7.5%

Top Suppliers of Wine; Still, in Containers Holding More than 2 Litres to Kenya in 2022:

  1. South Africa (2290.9K litres)
  2. Cyprus (147.1K litres)
  3. Namibia (47.4K litres)
  4. United Arab Emirates (10.0K litres)

Exports of Wine; Still, in Containers Holding More than 2 Litres in Kenya

For the third year in a row, Kenya recorded decline in shipments abroad of wine; still, in containers holding more than 2 litreses, which decreased by -96.7% to 1.4K litres in 2022. Over the period under review, exports continue to indicate a significant curtailment. The smallest decline of -37.3% was in 2021. The exports peaked at 575K litres in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of wine; still, in containers holding more than 2 litreses shrank notably to $6.5K in 2022. In general, exports saw a dramatic slump. The smallest decline of -43.1% was in 2021. Over the period under review, the exports of hit record highs at $1.7M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Wine; Still, in Containers Holding More than 2 Litres in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania2.02.02.85.237.5%
Rwanda92.519.94.81.0-77.9%
South Sudan0.41.27.00.3-9.1%
Free ZonesN/A12.2N/AN/A0%
Vietnam1,276N/AN/AN/A0%
Democratic Republic of the Congo16849.914.4N/A-70.7%
South Africa32.5N/AN/AN/A0%
Others92.133.838.7N/A-35.2%
Total1,66311967.76.5-84.2%

Top Export Markets for Wine; Still, in Containers Holding More than 2 Litres from Kenya in 2022:

  1. Tanzania (673.0 litres)
  2. Rwanda (500.0 litres)
  3. South Sudan (237.0 litres)

Source: IndexBox Market Intelligence Platform

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