Kenya: Sugar Market 2024

Sugar Market Size in Kenya

In 2023, the Kenyan sugar market increased by X% to $X, rising for the fifth year in a row after three years of decline. Over the period under review, consumption enjoyed noticeable growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Sugar Production in Kenya

In value terms, sugar production surged to $X in 2023 estimated in export price. In general, production posted modest growth. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Sugar production peaked at $X in 2015; however, from 2016 to 2023, production failed to regain momentum.

In 2023, the average yield of sugar in Kenya stood at less than X kg per ha, approximately reflecting the previous year's figure. Over the period under review, the yield saw a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The sugar harvested area in Kenya amounted to less than X ha in 2023, standing approx. at 2022 figures. In general, the harvested area showed a relatively flat trend pattern.

Sugar Exports

Exports from Kenya

In 2023, approx. X tons of sugar were exported from Kenya; rising by X% compared with the year before. Over the period under review, exports enjoyed a slight expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

In value terms, sugar exports soared to $X in 2023. In general, exports posted mild growth. The growth pace was the most rapid in 2018 with an increase of X%. As a result, the exports reached the peak of $X. From 2019 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Tanzania (X tons), Rwanda (X tons) and Uganda (X tons) were the main destinations of sugar exports from Kenya, together comprising X% of total exports.

From 2013 to 2023, the biggest increases were recorded for Rwanda (with a CAGR of X%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the largest markets for sugar exported from Kenya were Rwanda ($X), Tanzania ($X) and Uganda ($X), together accounting for X% of total exports.

Rwanda, with a CAGR of X%, recorded the highest rates of growth with regard to 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

The average sugar export price stood at $X per ton in 2023, picking up by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2022 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2015; however, from 2016 to 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($X per ton), while the average price for exports to Tanzania ($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 Burundi (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sugar Imports

Imports into Kenya

In 2023, supplies from abroad of sugar increased by X% to X tons for the first time since 2020, thus ending a two-year declining trend. In general, imports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked in 2023 and are expected to retain growth in the immediate term.

In value terms, sugar imports surged to $X in 2023. Over the period under review, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports attained the peak of $X. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Mauritius (X tons), Thailand (X tons) and Egypt (X tons) were the main suppliers of sugar imports to Kenya, with a combined X% share of total imports. Uganda, Saudi Arabia, Swaziland, Zimbabwe, Malawi, India, Zambia, South Africa and Madagascar lagged somewhat behind, together accounting for a further X%.

From 2013 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malawi (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sugar suppliers to Kenya were Mauritius ($X), Thailand ($X) and Uganda ($X), with a combined X% share of total imports. Egypt, Saudi Arabia, Swaziland, Zimbabwe, Malawi, Zambia, India, South Africa and Madagascar lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Malawi, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average sugar import price amounted to $X per ton, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a slight slump. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Uganda ($X per ton), while the price for South Africa ($X per ton) was amongst the lowest.

From 2013 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform