Cereals; Barley, Seed Price in Kenya - 2021
Contents:
- Cereals; Barley, Seed Price in Kenya (FOB) - 2022
- Cereals; Barley, Seed Price in Kenya (CIF) - 2022
- Cereals; Barley, Seed Exports in Kenya
- Cereals; Barley, Seed Imports in Kenya
Cereals; Barley, Seed Price in Kenya (FOB) - 2022
In 2022, the average cereals; barley, seed export price amounted to $643 per ton, standing approx. at the previous year. Overall, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cereals; barley, seed export price decreased by -7.4% against 2018 indices. The pace of growth was the most pronounced in 2013 when the average export price increased by 81%. The export price peaked at $1,096 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($669 per ton), while the average price for exports to Uganda amounted to $110 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+3.8%).
Cereals; Barley, Seed Price in Kenya (CIF) - 2022
In 2022, the average cereals; barley, seed import price amounted to $487 per ton, waning by -1.6% against the previous year. Over the period under review, the import price, however, showed a mild expansion. The growth pace was the most rapid in 2014 when the average import price increased by 117% against the previous year. Over the period under review, average import prices hit record highs at $2,166 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($985 per ton), while the price for Uganda stood at $395 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+10.1%).
Cereals; Barley, Seed Exports in Kenya
In 2022, after three years of growth, there was significant decline in overseas shipments of cereals; barley, seeds, when their volume decreased by -12% to 352 tons. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.7% 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 +76.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 52%.
In value terms, cereals; barley, seed exports dropped to $226K in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +64.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 44% against the previous year.
Export of Cereals; Barley, Seed in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Tanzania | 136 | 193 | 249 | 224 | 18.1% |
Uganda | 1.3 | 1.8 | 2.2 | 1.9 | 13.5% |
Others | 0.2 | 2.5 | 4.2 | 1.0 | 71.0% |
Total | 137 | 198 | 255 | 226 | 18.2% |
Top Export Markets for Cereals; Barley, Seed from Kenya in 2022:
- Tanzania (334.2 tons)
- Uganda (17.5 tons)
Cereals; Barley, Seed Imports in Kenya
In 2022, the amount of cereals; barley, seeds imported into Kenya surged to 14 tons, increasing by 258% against the previous year. Over the period under review, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 1,194% against the previous year. As a result, imports reached the peak of 28 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cereals; barley, seed imports soared to $6.9K in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 587% against the previous year. As a result, imports reached the peak of $12K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Cereals; Barley, Seed in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uganda | 1.5 | 10.2 | 1.3 | 4.7 | 46.3% |
South Africa | 0.2 | 1.2 | 0.6 | 2.1 | 119.0% |
Turkey | N/A | 0.4 | N/A | N/A | 0% |
Others | N/A | 0.2 | N/A | N/A | 0% |
Total | 1.7 | 11.8 | 2.0 | 6.9 | 59.5% |
Top Suppliers of Cereals; Barley, Seed to Kenya in 2022:
- Uganda (12.0 tons)
- South Africa (2.2 tons)
This report provides an in-depth analysis of the barley market in Kenya.
This report provides an in-depth analysis of the grain market in Kenya.
This report provides an in-depth analysis of the global barley market.
This report provides an in-depth analysis of the global grain market.
This report provides an in-depth analysis of the barley market in Kenya.
This report provides an in-depth analysis of the global barley market.
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