Kenya: Dairy Spread Market 2024

Dairy Spread Market Size in Kenya

The Kenyan dairy spread market was estimated at $X in 2022, picking up by 2.1% against the previous year. Over the period under review, the total consumption indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -2.0% against 2020 indices. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Dairy Spread Production in Kenya

In value terms, dairy spread production totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -2.0% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the production volume increased by 89%. Dairy spread production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Dairy Spread Exports

Exports from Kenya

In 2022, after five years of growth, there was significant decline in overseas shipments of dairy spreads, when their volume decreased by -8.3% to X tons. Overall, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 773%. Over the period under review, the exports attained the peak figure at X tons in 2021, and then dropped in the following year.

In value terms, dairy spread exports fell to $X in 2022. Over the period under review, exports, however, recorded a significant increase. The growth pace was the most rapid in 2015 with an increase of 843% against the previous year. The exports peaked at $X in 2021, and then contracted in the following year.

Exports by Country

Tanzania (X tons) was the main destination for dairy spread exports from Kenya, accounting for a 67% share of total exports. Moreover, dairy spread exports to Tanzania exceeded the volume sent to the second major destination, the United States (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Tanzania amounted to +32.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+16.9% per year) and Sudan (+18.0% per year).

In value terms, Tanzania ($X) remains the key foreign market for dairy spreads exports from Kenya, comprising 85% of total exports. The second position in the ranking was held by Sudan ($X), with a 12% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Tanzania amounted to +28.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sudan (+21.6% per year) and the United States (-0.1% per year).

Export Prices by Country

In 2022, the average dairy spread export price amounted to $X per ton, stabilizing at the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 8% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sudan ($X per ton), while the average price for exports to the United States ($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 Sudan (+3.0%), while the prices for the other major destinations experienced a decline.

Dairy Spread Imports

Imports into Kenya

After ten years of growth, purchases abroad of dairy spreads decreased by -8.5% to X kg in 2022. Overall, imports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 272% against the previous year. Over the period under review, imports reached the peak figure at X kg in 2021, and then fell in the following year.

In value terms, dairy spread imports contracted significantly to $X in 2022. In general, imports, however, showed a significant expansion. The growth pace was the most rapid in 2019 when imports increased by 335%. Imports peaked at $X in 2021, and then declined remarkably in the following year.

Imports by Country

In 2022, the United Arab Emirates (X kg) constituted the largest supplier of dairy spread to Kenya, accounting for a 86% share of total imports. Moreover, dairy spread imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, the UK (X kg), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United Arab Emirates stood at +77.7%.

In value terms, the United Arab Emirates ($X) constituted the largest supplier of dairy spreads to Kenya, comprising 87% of total imports. The second position in the ranking was taken by the UK ($X), with a 13% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates amounted to +86.6%.

Import Prices by Country

The average dairy spread import price stood at $X per ton in 2022, reducing by -14.7% against the previous year. Overall, import price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dairy spread import price decreased by -37.3% against 2019 indices. The growth pace was the most rapid in 2019 when the average import price increased by 105%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($X per ton), while the price for the UK amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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