Kenya: Preserved Swine Belly Market 2021

Preserved Swine Belly Market Size in Kenya

The Kenyan preserved swine belly market reached $X in 2020, rising by X% against the previous year. Overall, the total consumption indicated a strong expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Preserved swine belly consumption peaked in 2020 and is expected to retain growth in the near future.

Preserved Swine Belly Production in Kenya

In value terms, preserved swine belly production rose significantly to $X in 2020 estimated in export prices. Over the period under review, the total production indicated a strong expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2018 indices. The pace of growth appeared the most rapid in 2008 when the production volume increased by X% year-to-year. Over the period under review, production hit record highs in 2020 and is expected to retain growth in the near future.

Preserved Swine Belly Exports

Exports from Kenya

Preserved swine belly exports from Kenya totaled X tons in 2020, flattening at 2019. Over the period under review, exports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2011 when exports increased by X% y-o-y. Over the period under review, exports reached the peak figure at X tons in 2014; however, from 2015 to 2020, exports remained at a lower figure.

In value terms, preserved swine belly exports amounted to $X in 2020. Overall, exports recorded significant growth. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Exports peaked at $X in 2014; however, from 2015 to 2020, exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for preserved swine belly exports from Kenya, with a approx. X% share of total exports.

From 2007 to 2020, the average annual growth rate of volume to the United Arab Emirates stood at +X%.

In value terms, the United Arab Emirates ($X) also remains the key foreign market for preserved swine belly exports from Kenya.

From 2007 to 2020, the average annual growth rate of value to the United Arab Emirates stood at +X%.

Export Prices by Country

The average preserved swine belly export price stood at $X per ton in 2020, stabilizing at the previous year. In general, export price indicated strong growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, preserved swine belly export price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% y-o-y. The export price peaked at $X per ton in 2012; however, from 2013 to 2020, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2007 to 2020, the rate of growth in terms of prices for the United Arab Emirates amounted to +X% per year.

Preserved Swine Belly Imports

Imports into Kenya

In 2020, approx. X tons of bellies and cuts of swine (salted, in brine, dried or smoked) were imported into Kenya; jumping by X% on 2019 figures. Overall, imports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2014 with an increase of X% year-to-year. Imports peaked at X tons in 2010; however, from 2011 to 2020, imports stood at a somewhat lower figure.

In value terms, preserved swine belly imports surged to $X in 2020. In general, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Italy (X tons) constituted the largest preserved swine belly supplier to Kenya, accounting for a X% share of total imports. Moreover, preserved swine belly imports from Italy exceeded the figures recorded by the second-largest supplier, Spain (X kg), threefold.

From 2007 to 2020, the average annual rate of growth in terms of volume from Italy stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and the Netherlands (-X% per year).

In value terms, Italy ($X) constituted the largest supplier of preserved swine belly to Kenya, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from Italy amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and Spain (X% per year).

Import Prices by Country

In 2020, the average preserved swine belly import price amounted to $X per ton, reducing by -X% against the previous year. Over the period under review, the import price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% year-to-year. The import price peaked at $X per ton in 2017; however, from 2018 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Italy ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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