Kenya: Bacon And Ham Market 2024

Bacon And Ham Market Size in Kenya

The Kenyan bacon and ham market amounted to $X in 2022, surging by 6.3% against the previous year. Overall, consumption saw prominent growth. Over the period under review, the market attained the peak level at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Bacon And Ham Production in Kenya

In value terms, bacon and ham production reached $X in 2022 estimated in export price. In general, production recorded a modest expansion. The pace of growth appeared the most rapid in 2015 with an increase of 8.4% against the previous year. Over the period under review, production attained the peak level at $X in 2020; afterwards, it flattened through to 2022.

Bacon And Ham Exports

Exports from Kenya

In 2022, approx. X tons of bacon, ham and other dried, salted or smoked pig meat were exported from Kenya; waning by -14.3% on 2021 figures. Over the period under review, exports saw a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of 40%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, bacon and ham exports contracted to $X in 2022. In general, exports saw a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 40%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Uganda (X tons) was the main destination for bacon and ham exports from Kenya, accounting for a 46% share of total exports. Moreover, bacon and ham exports to Uganda exceeded the volume sent to the second major destination, the United Arab Emirates (X tons), twofold. Tanzania (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume to Uganda was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-4.8% per year) and Tanzania (-21.0% per year).

In value terms, Uganda ($X) remains the key foreign market for bacon, ham and other dried, salted or smoked pig meat exports from Kenya, comprising 50% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 21% share of total exports. It was followed by Tanzania, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Uganda was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-4.5% per year) and Tanzania (-20.5% per year).

Export Prices by Country

The average bacon and ham export price stood at $X per ton in 2022, approximately reflecting the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2020 an increase of 12%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then declined modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($X per ton), while the average price for exports to Tanzania ($X 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 (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Bacon And Ham Imports

Imports into Kenya

In 2022, approx. X tons of bacon, ham and other dried, salted or smoked pig meat were imported into Kenya; flattening at the year before. In general, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 230% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, bacon and ham imports contracted to $X in 2022. Over the period under review, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2018 when imports increased by 227%. Over the period under review, imports reached the maximum at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Italy (X tons) constituted the largest supplier of bacon and ham to Kenya, accounting for a 50% share of total imports. Moreover, bacon and ham imports from Italy exceeded the figures recorded by the second-largest supplier, Belgium (X tons), twofold. Spain (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy stood at +7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+36.4% per year) and Spain (+8.6% per year).

In value terms, Belgium ($X), Italy ($X) and Spain ($X) constituted the largest bacon and ham suppliers to Kenya, with a combined 91% share of total imports. The United Arab Emirates, the United States and the Netherlands lagged somewhat behind, together accounting for a further 6.6%.

The United States, with a CAGR of +53.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average bacon and ham import price amounted to $X per ton, falling by -9% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 32%. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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 Belgium ($X per ton), while the price for the Netherlands ($X 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 (+6.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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