Kenya: Malt Market 2024

Malt Market Size in Kenya

The Kenyan malt market dropped to $X in 2021, standing approx. at the previous year. In general, consumption recorded a relatively flat trend pattern. Malt consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Malt Production in Kenya

In value terms, malt production contracted modestly to $X in 2021 estimated in export price. Overall, production saw a mild slump. The most prominent rate of growth was recorded in 2017 with an increase of 28% against the previous year. Malt production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Malt Exports

Exports from Kenya

In 2021, malt exports from Kenya shrank dramatically to X tons, waning by -59.3% against 2020 figures. Overall, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when exports increased by 439%. Over the period under review, the exports attained the maximum at X tons in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, malt exports dropped notably to $X in 2021. In general, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2017 with an increase of 544% against the previous year. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Tanzania (X tons) was the main destination for malt exports from Kenya, accounting for a 59% share of total exports. Moreover, malt exports to Tanzania exceeded the volume sent to the second major destination, Uganda (X tons), threefold. Israel (X tons) ranked third in terms of total exports with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Tanzania totaled -5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (-31.3% per year) and Israel (0.0% per year).

In value terms, Tanzania ($X) remains the key foreign market for malt (not roasted) exports from Kenya, comprising 64% of total exports. The second position in the ranking was held by Uganda ($X), with a 20% share of total exports. It was followed by Israel, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Tanzania totaled -3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (-30.7% per year) and Israel (0.0% per year).

Export Prices by Country

The average malt export price stood at $X per ton in 2021, surging by 13% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 19%. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Seychelles ($X per ton), while the average price for exports to Rwanda ($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 Democratic Republic of the Congo (+211.8%), while the prices for the other major destinations experienced more modest paces of growth.

Malt Imports

Imports into Kenya

In 2021, overseas purchases of malt (not roasted) decreased by -8.4% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, posted a temperate expansion. The growth pace was the most rapid in 2016 when imports increased by 180% against the previous year. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, malt imports shrank to $X in 2021. In general, imports, however, enjoyed a slight increase. The pace of growth was the most pronounced in 2016 when imports increased by 147%. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Denmark (X tons), Lithuania (X tons) and Sweden (X tons) were the main suppliers of malt imports to Kenya, with a combined 47% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of 0.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest malt suppliers to Kenya were Denmark ($X), Lithuania ($X) and Sweden ($X), with a combined 48% share of total imports.

Sweden, with a CAGR of 0.0%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average malt import price amounted to $X per ton, stabilizing at the previous year. In general, the import price, however, continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 13% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+28.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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