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Kenya - Malt Extract and Food Preparations of Flour, Meal, and Starch - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKenya: Market for Malt Extract And Food Preparations Of Flour, Meal, And Starch 2024
Market Size for Malt Extract And Food Preparations Of Flour, Meal, And Starch in Kenya
The Kenyan market for malt extract and food preparations of flour, meal, and starches dropped to $X in 2023, waning by X% against the previous year. In general, consumption showed a perceptible decrease. Consumption of peaked at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.
Production of Malt Extract And Food Preparations Of Flour, Meal, And Starch in Kenya
In value terms, production of malt extract and food preparations of flour, meal, and starches expanded sharply to $X in 2023 estimated in export price. Over the period under review, production recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. Production of peaked at $X in 2020; however, from 2021 to 2023, production remained at a lower figure.
Exports of Malt Extract And Food Preparations Of Flour, Meal, And Starch
Exports from Kenya
In 2023, shipments abroad of malt extract and food preparations of flour, meal, and starches was finally on the rise to reach X tons for the first time since 2020, thus ending a two-year declining trend. Over the period under review, exports showed a significant increase. Over the period under review, the exports of hit record highs at X tons in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.
In value terms, exports of malt extract and food preparations of flour, meal, and starches surged to $X in 2023. In general, exports enjoyed a significant expansion. Over the period under review, the exports of attained the maximum at $X in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
South Sudan (X tons), Somalia (X tons) and Burundi (X tons) were the main destinations of exports of malt extract and food preparations of flour, meal, and starches from Kenya, together comprising X% of total exports.
From 2013 to 2023, the biggest increases were recorded for Somalia (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the largest markets for malt extract and food preparations of flour, meal, and starch exported from Kenya were Sudan ($X), South Sudan ($X) and Uganda ($X), with a combined X% share of total exports. Somalia, Burundi, Rwanda, Tanzania and Democratic Republic of the Congo lagged somewhat behind, together accounting for a further X%.
Somalia, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the average export price for malt extract and food preparations of flour, meal, and starches amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2020 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sudan ($X per ton), while the average price for exports to Rwanda ($X per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Malt Extract And Food Preparations Of Flour, Meal, And Starch
Imports into Kenya
In 2023, supplies from abroad of malt extract and food preparations of flour, meal, and starches increased by X% to X tons, rising for the second consecutive year after two years of decline. Overall, imports, however, saw a abrupt contraction. The growth pace was the most rapid in 2022 when imports increased by X% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2023, imports remained at a lower figure.
In value terms, imports of malt extract and food preparations of flour, meal, and starches rose remarkably to $X in 2023. Over the period under review, imports, however, showed a slight reduction. The most prominent rate of growth was recorded in 2022 with an increase of X%. Over the period under review, imports of attained the peak figure at $X in 2017; however, from 2018 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, Belgium (X tons) constituted the largest malt extract and food preparations of flour, meal, and starch supplier to Kenya, accounting for a X% share of total imports. Moreover, imports of malt extract and food preparations of flour, meal, and starches from Belgium exceeded the figures recorded by the second-largest supplier, India (X tons), sixfold. Malaysia (X tons) ranked third in terms of total imports with a X% share.
From 2013 to 2023, the average annual rate of growth in terms of volume from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Malaysia (X% per year).
In value terms, Belgium ($X) constituted the largest supplier of malt extract and food preparations of flour, meal, and starches to Kenya, comprising X% of total imports. The second position in the ranking was held by India ($X), with an X% share of total imports. It was followed by Malaysia, with a X% share.
From 2013 to 2023, the average annual growth rate of value from Belgium amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Malaysia (X% per year).
Import Prices by Country
The average import price for malt extract and food preparations of flour, meal, and starches stood at $X per ton in 2023, declining by X% against the previous year. In general, the import price, however, recorded prominent growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. Over the period under review, average import prices attained the maximum at $X per ton in 2022, and then shrank rapidly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.
From 2013 to 2023, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for malt extract and food preparations of flour, meal, and starch in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 50 - Malt Extract
- FCL 115 - Food Preparations of Flour, Meal or Malt Extract
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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