Price for Flour, Meal, and Flakes of Potatoes in Kenya - 2022

Contents:

  1. Price for Flour, Meal, and Flakes of Potatoes in Kenya (CIF) - 2022
  2. Price for Flour, Meal, and Flakes of Potatoes in Kenya (FOB) - 2022
  3. Imports of Flour, Meal, and Flakes of Potatoes in Kenya
  4. Exports of Flour, Meal, and Flakes of Potatoes in Kenya

Price for Flour, Meal, and Flakes of Potatoes in Kenya (CIF) - 2022

In 2022, the average import price for flour, meal, and flakes of potatoeses amounted to $790 per ton, shrinking by -60.7% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 96% against the previous year. The import price peaked at $2,012 per ton in 2021, and then plummeted in the following year.

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 the United States ($4,559 per ton), while the price for India ($423 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour, Meal, and Flakes of Potatoes in Kenya (FOB) - 2022

The average export price for flour, meal, and flakes of potatoeses stood at $1,001 per ton in 2022, rising by 39% against the previous year. In general, the export price, however, continues to indicate a slight descent. The pace of growth appeared the most rapid in 2014 when the average export price increased by 48% against the previous year. As a result, the export price reached the peak level of $2,043 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($6,159 per ton), while the average price for exports to Democratic Republic of the Congo ($101 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+30.7%), while the prices for the other major destinations experienced a decline.

Imports of Flour, Meal, and Flakes of Potatoes in Kenya

In 2022, the amount of flour, meal, and flakes of potatoeses imported into Kenya contracted notably to 22 tons, waning by -34.9% compared with 2021 figures. Overall, imports recorded a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 126% against the previous year. As a result, imports attained the peak of 33 tons, and then shrank dramatically in the following year.

In value terms, imports of flour, meal, and flakes of potatoeses dropped dramatically to $17K in 2022. Over the period under review, imports faced a precipitous slump. The pace of growth was the most pronounced in 2021 when imports increased by 194% against the previous year. As a result, imports attained the peak of $67K, and then dropped markedly in the following year.

Import of Flour, Meal, and Flakes of Potatoes in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt7.9N/AN/A12.015.0%
India2.21.00.22.65.7%
United States0.2N/A0.61.7104.1%
United Kingdom1.22.312.20.8-12.6%
Spain7.54.511.0N/A21.1%
China0.81.05.4N/A159.8%
Germany6.74.615.1N/A50.1%
Lebanon8.34.913.5N/A27.5%
United Arab Emirates11.23.98.1N/A-15.0%
Others1.40.61.0N/A-15.5%
Total47.322.867.117.2-28.6%

Top Suppliers of Flour, Meal, and Flakes of Potatoes to Kenya in 2022:

  1. Egypt (15.0 tons)
  2. India (6.2 tons)
  3. United States (0.4 tons)
  4. United Kingdom (0.1 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Kenya

In 2022, shipments abroad of flour, meal, and flakes of potatoeses decreased by -47.9% to 16 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 329%.

In value terms, exports of flour, meal, and flakes of potatoeses reduced markedly to $16K in 2022. Over the period under review, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 317%.

Export of Flour, Meal, and Flakes of Potatoes in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UgandaN/A0.10.111.1953.6%
AustraliaN/AN/AN/A2.90%
South SudanN/A0.71.91.651.2%
SwedenN/AN/AN/A0.60%
CanadaN/AN/AN/A0.10%
Democratic Republic of the CongoN/A0.10.2N/A100.0%
United Kingdom2.85.617.5N/A150.0%
SudanN/A5.4N/AN/A0%
United StatesN/A0.22.0N/A900.0%
Others0.10.71.0N/A216.2%
Total3.112.922.716.474.2%

Top Export Markets for Flour, Meal, and Flakes of Potatoes from Kenya in 2022:

  1. Uganda (11.3 tons)
  2. South Sudan (2.7 tons)
  3. Sweden (1.3 tons)
  4. Australia (0.5 tons)
  5. Canada (0.3 tons)
  6. Democratic Republic of the Congo (0.3 tons)

Source: IndexBox Market Intelligence Platform

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