Kenya: Market for Dried Or Salted Fish 2025

Market Size for Dried Or Salted Fish in Kenya

In 2021, the Kenyan dried or salted fish market decreased by -3.8% to $X for the first time since 2016, thus ending a four-year rising trend. The market value increased at an average annual rate of +1.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2020, and then dropped slightly in the following year.

Production of Dried Or Salted Fish in Kenya

In value terms, dried or salted fish production dropped to $X in 2021 estimated in export price. Overall, the total production indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +49.3% against 2016 indices. The pace of growth was the most pronounced in 2013 when the production volume increased by 29% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then shrank modestly in the following year.

Exports of Dried Or Salted Fish

Exports from Kenya

Dried or salted fish exports from Kenya skyrocketed to X tons in 2021, growing by 47% against the previous year's figure. Over the period under review, exports enjoyed a mild expansion. The pace of growth was the most pronounced in 2020 when exports increased by 119%. The exports peaked in 2021 and are likely to continue growth in years to come.

In value terms, dried or salted fish exports surged to $X in 2021. In general, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2019 with an increase of 79%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Democratic Republic of the Congo (X tons) was the main destination for dried or salted fish exports from Kenya, with a 92% share of total exports. Moreover, dried or salted fish exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Democratic Republic of the Congo totaled +5.3%.

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for dried or salted fish exports from Kenya, comprising 62% of total exports. The second position in the ranking was held by Hong Kong SAR ($X), with a 25% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Democratic Republic of the Congo stood at +7.5%.

Export Prices by Country

The average dried or salted fish export price stood at $X per ton in 2021, reducing by -8.9% against the previous year. In general, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2019 an increase of 102% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Hong Kong SAR ($X per ton), while the average price for exports to Democratic Republic of the Congo totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+2.1%).

Imports of Dried Or Salted Fish

Imports into Kenya

For the third consecutive year, Kenya recorded growth in supplies from abroad of dried or salted fish, which increased by 33% to X tons in 2021. In general, imports, however, showed a dramatic descent. The most prominent rate of growth was recorded in 2020 when imports increased by 129% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, dried or salted fish imports skyrocketed to $X in 2021. Overall, imports, however, continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2017 when imports increased by 114%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Tanzania (X tons) was the main dried or salted fish supplier to Kenya, accounting for a approx. 99% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from Tanzania stood at -26.3%.

In value terms, Tanzania ($X) constituted the largest supplier of dried or salted fish to Kenya.

From 2012 to 2021, the average annual rate of growth in terms of value from Tanzania amounted to -35.0%.

Import Prices by Country

The average dried or salted fish import price stood at $X per ton in 2021, waning by -5.8% against the previous year. Overall, the import price showed a abrupt slump. The growth pace was the most rapid in 2018 an increase of 22%. As a result, import price attained the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Tanzania.

From 2012 to 2021, the rate of growth in terms of prices for Tanzania amounted to -11.8% per year.

Source: IndexBox Platform

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