Kenya: Preserved Sweet Corn Market 2024

Preserved Sweet Corn Market Size in Kenya

The Kenyan preserved sweet corn market skyrocketed to $X in 2022, with an increase of 43% against the previous year. Over the period under review, consumption, however, showed a noticeable decrease. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Preserved Sweet Corn Production in Kenya

In value terms, preserved sweet corn production stood at $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume decreased by 99.9%. Over the period under review, production reached the peak level in 2022 and is likely to see gradual growth in the near future.

The average yield of sweet corn prepared or preserved in Kenya totaled less than X kg per ha in 2022, leveling off at the previous year. Overall, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the preserved sweet corn harvested area in Kenya totaled less than X ha, remaining stable against 2021 figures. Over the period under review, the harvested area recorded a relatively flat trend pattern.

Preserved Sweet Corn Exports

Exports from Kenya

In 2022, exports of sweet corn prepared or preserved from Kenya skyrocketed to X tons, rising by 260% compared with the year before. Overall, exports continue to indicate strong growth. The pace of growth was the most pronounced in 2019 with an increase of 512%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, preserved sweet corn exports surged to $X in 2022. In general, exports recorded a buoyant increase. The most prominent rate of growth was recorded in 2019 when exports increased by 648%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Singapore (X tons) was the main destination for preserved sweet corn exports from Kenya, with a 53% share of total exports. Moreover, preserved sweet corn exports to Singapore exceeded the volume sent to the second major destination, Somalia (X tons), threefold. The third position in this ranking was taken by Rwanda (X kg), with an 8.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Singapore was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Somalia (+34.2% per year) and Rwanda (+7.9% per year).

In value terms, the largest markets for preserved sweet corn exported from Kenya were Singapore ($X), Somalia ($X) and Rwanda ($X), with a combined 87% share of total exports.

In terms of the main countries of destination, Somalia, with a CAGR of +35.8%, 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

The average preserved sweet corn export price stood at $X per ton in 2022, rising by 32% against the previous year. Over the period under review, export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved sweet corn export price decreased by -12.0% against 2019 indices. The most prominent rate of growth was recorded in 2016 when the average export price increased by 36%. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sudan ($X per ton), while the average price for exports to Tanzania ($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 Zambia (+70.6%), while the prices for the other major destinations experienced more modest paces of growth.

Preserved Sweet Corn Imports

Imports into Kenya

Preserved sweet corn imports into Kenya surged to X tons in 2022, jumping by 52% compared with the previous year. Over the period under review, imports, however, recorded a perceptible descent. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, preserved sweet corn imports soared to $X in 2022. In general, imports, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2016 when imports increased by 68% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

Thailand (X tons), China (X tons) and Singapore (X tons) were the main suppliers of preserved sweet corn imports to Kenya, with a combined 88% share of total imports. The United Arab Emirates, India, Italy and South Africa lagged somewhat behind, together accounting for a further 11%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +49.2%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Thailand ($X), China ($X) and Singapore ($X) constituted the largest preserved sweet corn suppliers to Kenya, together comprising 86% of total imports. The United Arab Emirates, India, South Africa and Italy lagged somewhat behind, together accounting for a further 9.7%.

Among the main suppliers, India, with a CAGR of +42.8%, saw 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 preserved sweet corn import price stood at $X per ton in 2022, waning by -4.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 25%. The import price peaked at $X per ton in 2021, and then fell modestly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+39.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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