Kenya: Maltodextrine Market 2024

Maltodextrine Market Size in Kenya

In 2021, after two years of growth, there was decline in the Kenyan maltodextrine market, when its value decreased by -4% to $X. The market value increased at an average annual rate of +2.0% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2020, and then shrank slightly in the following year.

Maltodextrine Production in Kenya

In value terms, maltodextrine production shrank modestly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.2% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 when the production volume increased by 27% against the previous year. Maltodextrine production peaked at $X in 2020, and then declined in the following year.

Maltodextrine Exports

Exports from Kenya

In 2021, shipments abroad of maltodextrine and maltodextine syrup increased by 77% to X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, exports, however, continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 883%. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, maltodextrine exports surged to $X in 2021. In general, exports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2017 when exports increased by 721% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Uganda (X tons), Tanzania (X tons) and Democratic Republic of the Congo (X tons) were the main destinations of maltodextrine exports from Kenya, with a combined 84% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Tanzania (with a CAGR of +15.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Tanzania ($X) remains the key foreign market for maltodextrine and maltodextine syrup exports from Kenya, comprising 70% of total exports. The second position in the ranking was held by Uganda ($X), with a 14% share of total exports. It was followed by Rwanda, with a 5.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Tanzania totaled +28.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (-9.8% per year) and Rwanda (+5.0% per year).

Export Prices by Country

The average maltodextrine export price stood at $X per ton in 2021, which is down by -21.8% against the previous year. Overall, the export price, however, showed notable growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 96% against the previous year. The export price peaked at $X per ton in 2020, and then fell significantly in the following year.

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 Tanzania ($X per ton), while the average price for exports to Democratic Republic of the Congo ($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 Tanzania (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Maltodextrine Imports

Imports into Kenya

In 2021, approx. X tons of maltodextrine and maltodextine syrup were imported into Kenya; picking up by 9.5% compared with the previous year. In general, imports continue to indicate strong growth. The growth pace was the most rapid in 2015 when imports increased by 672%. As a result, imports attained the peak of X tons. From 2016 to 2021, the growth of imports remained at a lower figure.

In value terms, maltodextrine imports soared to $X in 2021. Over the period under review, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2015 with an increase of 751% against the previous year. As a result, imports reached the peak of $X. From 2016 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Tanzania (X tons) constituted the largest maltodextrine supplier to Kenya, accounting for a 71% share of total imports. Moreover, maltodextrine imports from Tanzania exceeded the figures recorded by the second-largest supplier, the UK (X tons), eightfold. The third position in this ranking was taken by China (X tons), with a 4.3% share.

From 2012 to 2021, the average annual growth rate of volume from Tanzania stood at +39.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-5.9% per year) and China (-12.5% per year).

In value terms, the largest maltodextrine suppliers to Kenya were the UK ($X), Tanzania ($X) and Swaziland ($X), with a combined 60% share of total imports.

Among the main suppliers, Tanzania, with a CAGR of +38.5%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average maltodextrine import price amounted to $X per ton, rising by 74% against the previous year. Overall, the import price continues to indicate a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Tanzania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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