Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Kenya - 2022

Contents:

  1. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Kenya (CIF) - 2022
  2. Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Kenya (FOB) - 2022
  3. Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Kenya
  4. Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Kenya

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Kenya (CIF) - 2022

In 2022, the average import price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell amounted to $139 per ton, shrinking by -3.9% against the previous year. Overall, the import price showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2015 when the average import price increased by 566%. The import price peaked at $2,367 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malawi ($314 per ton), while the price for India totaled $138 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (+36.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Kenya (FOB) - 2022

The average export price for ground-nuts; other than seed, not roasted or otherwise cooked, in shell stood at $9,194 per ton in 2022, declining by -12.3% against the previous year. Over the period under review, the export price continues to indicate a perceptible curtailment. The pace of growth appeared the most rapid in 2019 when the average export price increased by 87% against the previous year. The export price peaked at $14,000 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($9,788 per ton), while the average price for exports to Ireland ($3,000 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 the United States (+918.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Kenya

In 2022, approx. 22 tons of ground-nuts; other than seed, not roasted or otherwise cooked, in shell were imported into Kenya; with an increase of 2.2% on 2021. Over the period under review, imports, however, saw a abrupt decrease.

In value terms, imports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell declined modestly to $3K in 2022. Overall, imports, however, recorded a dramatic setback. The smallest decline of -1.7% was in 2021.

Import of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/A0.33.13.0216.2%
Senegal30.4N/AN/AN/A0%
TanzaniaN/A2.8N/AN/A0%
Others0.8N/AN/A0.1-50.0%
Total31.33.23.13.0-54.2%

Top Suppliers of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell to Kenya in 2022:

  1. India (21.8 tons)

Exports of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Kenya

In 2022, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell from Kenya skyrocketed to 36 kg, with an increase of 44% against 2021. In general, exports, however, faced a dramatic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 197%. As a result, the exports attained the peak of 413 kg. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of ground-nuts; other than seed, not roasted or otherwise cooked, in shell surged to $331 in 2022. Overall, exports, however, recorded a significant contraction. The pace of growth appeared the most rapid in 2020 with an increase of 191% against the previous year. As a result, the exports attained the peak of $4.3K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A3230%
RwandaN/A42.0N/A4.0-69.1%
IrelandN/AN/AN/A3.00%
United StatesN/A5.088.0N/A1660.0%
ZambiaN/A4,248N/AN/A0%
Others1,475N/A1741.0-91.2%
Total1,4754,295262331-39.2%

Top Export Markets for Ground-Nuts; Other than Seed, Not Roasted or Otherwise Cooked, in Shell from Kenya in 2022:

  1. Italy (33.0 kg)
  2. Rwanda (1.0 kg)
  3. Ireland (1.0 kg)

Source: IndexBox Market Intelligence Platform

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