Kenya: Spice Market 2024

Spice Market Size in Kenya

The Kenyan spice market declined to $X in 2022, flattening at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Spice consumption peaked at $X in 2017; however, from 2018 to 2022, consumption stood at a somewhat lower figure.

Spice Production in Kenya

In value terms, spice production totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated a moderate 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 2017 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of spices in Kenya contracted significantly to X tons per ha, which is down by X% against the previous year's figure. Over the period under review, the yield indicated measured growth from 2012 to 2022: its figure 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. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the average spice yield attained the peak level at X tons per ha in 2021, and then declined notably in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of spices were harvested in Kenya; which is down by X% against 2021. The harvested area increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of X%. The spice harvested area peaked at X ha in 2021, and then reduced modestly in the following year.

Spice Exports

Exports from Kenya

In 2022, shipments abroad of spices decreased by X% to X tons for the first time since 2015, thus ending a six-year rising trend. Overall, exports, however, continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then reduced remarkably in the following year.

In value terms, spice exports dropped markedly to $X in 2022. In general, exports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2013 with an increase of X%. The exports peaked at $X in 2021, and then declined significantly in the following year.

Exports by Country

The UK (X tons) was the main destination for spice exports from Kenya, with a X% share of total exports. Moreover, spice exports to the UK exceeded the volume sent to the second major destination, the Netherlands (X tons), twofold. Uganda (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, the UK ($X), Uganda ($X) and the Netherlands ($X) appeared to be the largest markets for spice exported from Kenya worldwide, with a combined X% share of total exports. Germany, Denmark, Rwanda, France, Democratic Republic of the Congo, Ireland, Canada, South Sudan, Burundi and Somalia lagged somewhat behind, together comprising a further X%.

South Sudan, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination 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 spice export price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price recorded a perceptible contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average 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 ($X per ton), while the average price for exports to South Sudan ($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 Rwanda (X%), while the prices for the other major destinations experienced more modest paces of growth.

Spice Imports

Imports into Kenya

In 2022, approx. X tons of spices were imported into Kenya; with an increase of X% against the year before. Over the period under review, imports posted a tangible expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, imports reached the peak of X tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, spice imports contracted to $X in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Tanzania (X tons), India (X tons) and China (X tons) were the main suppliers of spice imports to Kenya, together accounting for X% of total imports. Nigeria, the United States, South Africa, the United Arab Emirates, Ethiopia and Uganda lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest spice suppliers to Kenya were India ($X), China ($X) and Tanzania ($X), with a combined X% share of total imports. South Africa, the United States, the United Arab Emirates, Nigeria, Ethiopia and Uganda lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Nigeria, 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

The average spice import price stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price saw a perceptible descent. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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