Kenya: Prepared Drier Market 2024

Prepared Drier Market Size in Kenya

The Kenyan prepared drier market fell to $X in 2022, waning by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2021, and then declined in the following year.

Prepared Drier Exports

Exports from Kenya

In 2022, exports of prepared driers from Kenya skyrocketed to X tons, increasing by X% on the previous year. In general, exports posted a buoyant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, prepared drier exports rose slightly to $X in 2022. Over the period under review, exports saw a prominent increase. The pace of growth was the most pronounced in 2015 when exports increased by X%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Rwanda (X tons) was the main destination for prepared drier exports from Kenya, with a X% share of total exports. Moreover, prepared drier exports to Rwanda exceeded the volume sent to the second major destination, Uganda (X tons), twofold. The third position in this ranking was taken by Burundi (X tons), with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Rwanda totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Uganda (X% per year) and Burundi (X% per year).

In value terms, the largest markets for prepared drier exported from Kenya were Rwanda ($X), Uganda ($X) and Tanzania ($X), with a combined X% share of total exports.

Among the main countries of destination, Uganda, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average prepared drier export price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the export price continues to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (X%), while the prices for the other major destinations experienced a decline.

Prepared Drier Imports

Imports into Kenya

Prepared drier imports into Kenya shrank modestly to X tons in 2022, dropping by X% against 2021 figures. In general, total imports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2013 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X%. Over the period under review, imports attained the maximum at X tons in 2021, and then declined slightly in the following year.

In value terms, prepared drier imports fell slightly to $X in 2022. Over the period under review, total imports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

India (X tons), the United Arab Emirates (X tons) and Thailand (X tons) were the main suppliers of prepared drier imports to Kenya, together comprising X% of total imports. Egypt, Turkey and China lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, India ($X), the United Arab Emirates ($X) and Egypt ($X) appeared to be the largest prepared drier suppliers to Kenya, together comprising X% of total imports. Thailand, China and Turkey lagged somewhat behind, together comprising a further X%.

China, with a CAGR of X%, saw 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 more modest paces of growth.

Import Prices by Country

In 2022, the average prepared drier import price amounted to $X per ton, standing approx. at the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of X%. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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