Kenya: Processed Meat Market 2024

Processed Meat Market Size in Kenya

The Kenyan processed meat market amounted to $X in 2022, with an increase of X% against the previous year. Over the period under review, consumption recorded resilient growth. Processed meat consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Processed Meat Production in Kenya

In value terms, processed meat production expanded modestly to $X in 2022 estimated in export price. Over the period under review, the total production indicated a resilient 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, production decreased by X% against 2020 indices. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Processed meat production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Processed Meat Exports

Exports from Kenya

In 2022, overseas shipments of processed meat decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of X tons, and then declined significantly in the following year.

In value terms, processed meat exports dropped dramatically to $X in 2022. In general, exports continue to indicate a slight decline. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Uganda (X tons) was the main destination for processed meat exports from Kenya, accounting for a X% share of total exports. Moreover, processed meat exports to Uganda exceeded the volume sent to the second major destination, Tanzania (X tons), threefold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a X% share.

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

In value terms, Uganda ($X) remains the key foreign market for processed meat exports from Kenya, comprising X% of total exports. The second position in the ranking was held by Tanzania ($X), with a X% share of total exports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Uganda amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (X% per year) and the United Arab Emirates (X% per year).

Export Prices by Country

In 2022, the average processed meat export price amounted to $X per ton, almost unchanged from the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($X per ton), while the average price for exports to Tanzania ($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 the United Arab Emirates (X%), while the prices for the other major destinations experienced a decline.

Processed Meat Imports

Imports into Kenya

In 2022, approx. X tons of processed meat were imported into Kenya; with an increase of X% against the previous year. Over the period under review, imports enjoyed perceptible growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, processed meat imports dropped rapidly to $X in 2022. Overall, imports, however, recorded a pronounced slump. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X tons), Iran (X tons) and Tanzania (X tons) were the main suppliers of processed meat imports to Kenya, with a combined X% share of total imports.

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

In value terms, the largest processed meat suppliers to Kenya were Turkey ($X), Iran ($X) and Italy ($X), together comprising X% of total imports.

Among the main suppliers, Iran, with a CAGR of X%, 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 2022, the average processed meat import price amounted to $X per ton, declining by X% against the previous year. In general, the import price recorded a abrupt slump. The growth pace was the most rapid in 2016 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2020; however, from 2021 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 Brazil ($X per ton), while the price for Tanzania ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform