Kenya - Egg Products - Market Analysis, Forecast, Size, Trends and Insights
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View PricingKenya: Egg Product Market 2024
Egg Product Market Size in Kenya
In 2021, the Kenyan egg product market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. In general, the total consumption indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -26.6% against 2017 indices. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption failed to regain momentum.
Egg Product Production in Kenya
In value terms, egg product production surged to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by 25% against the previous year. Egg product production peaked at $X in 2015; however, from 2016 to 2021, production failed to regain momentum.
Egg Product Exports
Exports from Kenya
In 2021, shipments abroad of egg products was finally on the rise to reach X tons after two years of decline. Overall, exports saw a measured increase. The pace of growth appeared the most rapid in 2018 with an increase of 252%. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.
In value terms, egg product exports rose remarkably to $X in 2021. In general, exports, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2013 with an increase of 236% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.
Exports by Country
Rwanda (X tons), Tanzania (X tons) and Comoros (X tons) were the main destinations of egg product exports from Kenya, with a combined 99.9% share of total exports.
From 2012 to 2021, the biggest increases were recorded for Rwanda (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.
In value terms, Tanzania ($X), Rwanda ($X) and Comoros ($X) appeared to be the largest markets for egg product exported from Kenya worldwide.
In terms of the main countries of destination, Rwanda, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.
Export Prices by Country
The average egg product export price stood at $X per ton in 2021, waning by -6.1% against the previous year. In general, the export price continues to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of 10%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Tanzania ($X per ton), while the average price for exports to Comoros ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+17.8%), while the prices for the other major destinations experienced a decline.
Egg Product Imports
Imports into Kenya
In 2021, purchases abroad of egg products increased by 30% to X tons, rising for the fifth year in a row after two years of decline. Over the period under review, imports saw a strong increase. The pace of growth appeared the most rapid in 2019 with an increase of 263%. Over the period under review, imports reached the maximum in 2021 and are likely to see gradual growth in the immediate term.
In value terms, egg product imports soared to $X in 2021. In general, imports recorded prominent growth. The pace of growth appeared the most rapid in 2020 when imports increased by 198% against the previous year. Over the period under review, imports attained the peak figure in 2021 and are likely to see gradual growth in years to come.
Imports by Country
In 2021, Uganda (X tons) was the main supplier of egg product to Kenya, with a 93% share of total imports. Moreover, egg product imports from Uganda exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), more than tenfold.
From 2012 to 2021, the average annual rate of growth in terms of volume from Uganda totaled +31.9%.
In value terms, Uganda ($X) constituted the largest supplier of egg products to Kenya, comprising 76% of total imports. The second position in the ranking was taken by the United Arab Emirates ($X), with a 14% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from Uganda stood at +47.1%.
Import Prices by Country
The average egg product import price stood at $X per ton in 2021, with an increase of 30% against the previous year. In general, the import price, however, recorded a abrupt decrease. The growth pace was the most rapid in 2018 when the average import price increased by 105%. As a result, import price reached the peak level of $X per ton. From 2019 to 2021, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Uganda amounted to $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+16.4%).
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the egg product market in Kenya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 10891230 - Egg products, fresh, dried, cooked by steaming or by boiling in water, moulded, frozen or otherwise preserved (excluding albumin, in the shell)
Country coverage:
- Kenya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Kenya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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