Report Update Nov 1, 2024

Kenya - Smoked Herrings - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Smoked Herring Market 2024

Smoked Herring Market Size in Kenya

The Kenyan smoked herring market shrank modestly to $X in 2022, declining by -4% against the previous year. Overall, consumption showed a abrupt decrease. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Smoked Herring Production in Kenya

In value terms, smoked herring production dropped to $X in 2022 estimated in export price. In general, production showed a abrupt decline. The pace of growth was the most pronounced in 2015 with an increase of 17% against the previous year. Smoked herring production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Smoked Herring Exports

Exports from Kenya

In 2021, shipments abroad of smoked herrings decreased by 0% to X kg, falling for the fourth consecutive year after two years of decline. Overall, exports continue to indicate a significant increase. The smallest decline of -15.5% was in 2013. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, smoked herring exports stood at $X in 2021. In general, exports saw a significant increase. The smallest decline of -12.8% was in 2019. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X kg) was the main destination for smoked herring exports from Kenya, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States was relatively modest.

Export Prices by Country

The average smoked herring export price stood at $X per ton in 2021, standing approx. at the previous year. Over the period under review, the export price continues to indicate a buoyant increase. The growth pace was the most rapid in 2018 an increase of 4.5%. The export price peaked in 2021 and is likely to see gradual growth in the near future.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2021, the rate of growth in terms of prices for Canada amounted to +4.4% per year.

Smoked Herring Imports

Imports into Kenya

In 2022, after three years of decline, there was significant growth in supplies from abroad of smoked herrings, when their volume increased by 133% to X kg. In general, imports, however, saw a deep downturn. The growth pace was the most rapid in 2016 when imports increased by 150% against the previous year. As a result, imports reached the peak of X kg. From 2017 to 2022, the growth of imports failed to regain momentum.

In value terms, smoked herring imports surged to $X in 2022. Overall, imports, however, faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when imports increased by 168%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the UK (X kg) constituted the largest smoked herring supplier to Kenya, with a 86% share of total imports. Moreover, smoked herring imports from the UK exceeded the figures recorded by the second-largest supplier, France (X kg), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK amounted to -12.8%.

In value terms, the UK ($X) constituted the largest supplier of smoked herrings to Kenya, comprising 52% of total imports. The second position in the ranking was taken by France ($X), with a 24% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the UK totaled -17.0%.

Import Prices by Country

In 2022, the average smoked herring import price amounted to $X per ton, dropping by -6.1% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 75% against the previous year. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for the UK totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+266.7%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for smoked herrings in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 46% of global consumption. The Dominican Republic, Japan, Russia, France, Indonesia, Brazil, Bangladesh and Haiti lagged somewhat behind, together accounting for a further 20%.

What are the largest producers of smoked herrings in the world?

The countries with the highest volumes of in 2021 were China, the United States and Canada, with a combined 46% share of global production.

What are the leading suppliers of smoked herrings to Kenya?

In value terms, the UK constituted the largest supplier of smoked herring to Kenya.

What is the average export price for smoked herrings in Kenya?

In 2021, the average smoked herring export price amounted to $4,543 per ton, approximately equating the previous year.

What is the average import price for smoked herrings in Kenya?

The average smoked herring import price stood at $4,391 per ton in 2021, remaining relatively unchanged against the previous year.

This report provides an in-depth analysis of the smoked herring market 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 10202455 - Smoked herrings (including fillets, excluding heads, tails and maws)

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