Cereals; Barley, Seed Price in Kenya - 2021

Contents:

  1. Cereals; Barley, Seed Price in Kenya (FOB) - 2022
  2. Cereals; Barley, Seed Price in Kenya (CIF) - 2022
  3. Cereals; Barley, Seed Exports in Kenya
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania13619324922418.1%
Uganda1.31.82.21.913.5%
Others0.22.54.21.071.0%
Total13719825522618.2%

Top Export Markets for Cereals; Barley, Seed from Kenya in 2022:

  1. Tanzania (334.2 tons)
  2. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Uganda1.510.21.34.746.3%
South Africa0.21.20.62.1119.0%
TurkeyN/A0.4N/AN/A0%
OthersN/A0.2N/AN/A0%
Total1.711.82.06.959.5%

Top Suppliers of Cereals; Barley, Seed to Kenya in 2022:

  1. Uganda (12.0 tons)
  2. South Africa (2.2 tons)

Source: IndexBox Market Intelligence Platform

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