Report Update Nov 1, 2024

Kenya - Lucerne (Alfalfa) Meal and Pellets - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Market for Lucerne (Alfalfa) Meal And Pellets 2024

Market Size for Lucerne (Alfalfa) Meal And Pellets in Kenya

After two years of decline, the Kenyan lucerne meal and pellets market increased by 2.7% to $X in 2021. Over the period under review, consumption, however, showed a abrupt downturn. Lucerne meal and pellets consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Lucerne (Alfalfa) Meal And Pellets in Kenya

In value terms, lucerne meal and pellets production dropped slightly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2018 when the production volume increased by 45% against the previous year. Lucerne meal and pellets production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Lucerne (Alfalfa) Meal And Pellets

Exports from Kenya

In 2021, approx. X tons of lucerne (alfalfa) meal and pellets were exported from Kenya; with an increase of 34% on the previous year's figure. Over the period under review, exports saw a remarkable increase. The most prominent rate of growth was recorded in 2015 with an increase of 1,046% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2021, the growth of the exports remained at a lower figure.

In value terms, lucerne meal and pellets exports soared to $X in 2021. Overall, exports saw a prominent expansion. The growth pace was the most rapid in 2015 when exports increased by 2,050%. Over the period under review, the exports reached the maximum at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Tanzania (X tons) was the main destination for lucerne meal and pellets exports from Kenya, accounting for a 71% share of total exports. Moreover, lucerne meal and pellets exports to Tanzania exceeded the volume sent to the second major destination, Uganda (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume to Tanzania totaled +18.0%.

In value terms, Tanzania ($X) remains the key foreign market for lucerne (alfalfa) meal and pellets exports from Kenya, comprising 92% of total exports. The second position in the ranking was held by Uganda ($X), with an 8.4% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Tanzania stood at +16.4%.

Export Prices by Country

In 2021, the average lucerne meal and pellets export price amounted to $X per ton, with an increase of 29% against the previous year. In general, the export price, however, continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 88%. Over the period under review, the average export prices attained the maximum at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($X per ton), while the average price for exports to Uganda stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (-1.3%).

Imports of Lucerne (Alfalfa) Meal And Pellets

Imports into Kenya

In 2020, lucerne meal and pellets imports into Kenya soared to X tons, with an increase of 52% on 2019. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, lucerne meal and pellets imports totaled $X in 2020. Overall, imports saw resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2020, Uganda (X tons) was the main supplier of lucerne meal and pellets to Kenya, accounting for a approx. 100% share of total imports.

From 2015 to 2020, the average annual growth rate of volume from Uganda was relatively modest.

In value terms, Uganda ($X) constituted the largest supplier of lucerne (alfalfa) meal and pellets to Kenya.

From 2015 to 2020, the average annual rate of growth in terms of value from Uganda was relatively modest.

Import Prices by Country

In 2020, the average lucerne meal and pellets import price amounted to $X per ton, declining by -28.7% against the previous year. Over the period under review, the import price showed a dramatic slump. Over the period under review, average import prices hit record highs at $X per ton in 2015; however, from 2016 to 2020, import prices remained at a lower figure.

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

From 2015 to 2020, the rate of growth in terms of prices for Uganda amounted to 0.0% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for lucerne (alfalfa) meal and pellets in the world?

China remains the largest lucerne meal and pellets consuming country worldwide, comprising approx. 17% of total volume. Moreover, lucerne meal and pellets consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was occupied by the United States, with a 5.7% share.

What are the largest producers of lucerne (alfalfa) meal and pellets in the world?

The country with the largest volume of lucerne meal and pellets production was China, comprising approx. 16% of total volume. Moreover, lucerne meal and pellets production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 6.6% share.

What are the leading importers of lucerne (alfalfa) meal and pellets from Kenya?

In value terms, Tanzania $260) remains the key foreign market for lucerne meal and pellets exports from Kenya, comprising 73% of total exports. The second position in the ranking was occupied by Uganda $96), with a 27% share of total exports.

What is the average export price for lucerne (alfalfa) meal and pellets in Kenya?

The average lucerne meal and pellets export price stood at $200 per ton in 2021, with an increase of 14% against the previous year.

This report provides an in-depth analysis of the market for lucerne meal and pellets 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 10912000 - Lucerne (alfalfa) meal and pellets

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023