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Kenya - Taro - Market Analysis, Forecast, Size, Trends and Insights

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Kenya: Taro (Cocoyam) Market 2024

Taro (Cocoyam) Market Size in Kenya

After three years of growth, the Kenyan taro (cocoyam) market decreased by -21.6% to $X in 2022. Overall, consumption saw a deep contraction. Taro (cocoyam) consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Taro (Cocoyam) Production in Kenya

In value terms, taro (cocoyam) production dropped markedly to $X in 2022 estimated in export price. Overall, production showed a abrupt decline. The pace of growth appeared the most rapid in 2016 when the production volume increased by 43%. Over the period under review, (cocoyam) production reached the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

In 2022, the average taro (cocoyam) yield in Kenya stood at less than X kg per ha, approximately mirroring the previous year's figure. Over the period under review, the yield showed 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.

The taro (cocoyam) harvested area in Kenya totaled less than X ha in 2022, approximately equating 2021. In general, the harvested area recorded a relatively flat trend pattern.

Taro (Cocoyam) Exports

Exports from Kenya

In 2022, overseas shipments of taro decreased by -37.5% to X kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports faced a abrupt setback. The growth pace was the most rapid in 2017 with an increase of 400% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, taro (cocoyam) exports fell rapidly to $X in 2022. Overall, exports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 893%. Over the period under review, the (cocoyam) exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Ireland (X kg) was the main destination for taro (cocoyam) exports from Kenya, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Ireland was relatively modest.

In value terms, Ireland ($X) emerged as the key foreign market for taro exports from Kenya.

From 2012 to 2022, the average annual growth rate of value to Ireland was relatively modest.

Export Prices by Country

In 2022, the average taro (cocoyam) export price amounted to $X per ton, waning by -11.9% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 148% against the previous year. As a result, the export price reached the peak level of $X per ton, and then reduced in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +9.5% per year.

Taro (Cocoyam) Imports

Imports into Kenya

After two years of decline, supplies from abroad of taro decreased by -21.5% to X tons in 2020. In general, imports faced a sharp slump. Over the period under review, (cocoyam) imports hit record highs at X tons in 2014; however, from 2015 to 2020, imports stood at a somewhat lower figure.

In value terms, taro (cocoyam) imports fell sharply to $X in 2020. Overall, imports showed a sharp curtailment. Over the period under review, (cocoyam) imports reached the peak figure at $X in 2014; however, from 2015 to 2020, imports failed to regain momentum.

Imports by Country

In 2020, China (X tons) was the main taro (cocoyam) supplier to Kenya, accounting for a approx. 100% share of total imports.

From 2014 to 2020, the average annual growth rate of volume from China totaled -21.5%.

In value terms, China ($X) constituted the largest supplier of taro to Kenya.

From 2014 to 2020, the average annual growth rate of value from China totaled -21.9%.

Import Prices by Country

The average taro (cocoyam) import price stood at $X per ton in 2020, approximately equating the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per ton in 2017; however, from 2018 to 2020, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2014 to 2020, the rate of growth in terms of prices for the United Arab Emirates amounted to +11.1% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for taro in the world?

The countries with the highest volumes of taro cocoyam) consumption in 2020 were Nigeria, Cameroon and China, together comprising 56% of global consumption. These countries were followed by Ethiopia, Ghana, Papua New Guinea, Burundi, Madagascar and Rwanda, which together accounted for a further 31%.

What are the largest producers of taro in the world?

The countries with the highest volumes of taro cocoyam) production in 2020 were Nigeria, China and Cameroon, together comprising 57% of global production. Ethiopia, Ghana, Papua New Guinea and Burundi lagged somewhat behind, together accounting for a further 27%.

What are the leading suppliers of taro to Kenya?

In value terms, China constituted the largest supplier of taro cocoyam) to Kenya.

What are the leading importers of taro from Kenya?

In value terms, the Netherlands $174) and the United Arab Emirates $101) were the largest markets for taro cocoyam) exported from Kenya worldwide.

What is the average export price for taro in Kenya?

In 2020, the average taro cocoyam) export price amounted to $2,148 per ton, with an increase of 15% against the previous year.

What is the average import price for taro in Kenya?

The average taro cocoyam) import price stood at $1,003 per ton in 2020, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the taro (cocoyam) 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:

FCL 136 - Taro (Cocoyam)

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. COUNTRIES WITH TOP YIELDS
4. TOP EXPORTING COUNTRIES
5. 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, HARVESTED AREA AND YIELD
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. Yield And Growth
16. Exports And Growth
17. Export Prices And Growth
18. Market Size And Growth
19. Per Capita Consumption
20. Imports And Growth
21. Import Prices
22. Production, In Physical Terms, 2012–2023
23. Production, In Value Terms, 2012–2023
24. Area Harvested, 2012–2023
25. Yield, 2012–2023
26. Imports, In Physical Terms, 2012–2023
27. Imports, In Value Terms, 2012–2023
28. Imports, In Physical Terms, By Country, 2023
29. Imports, In Physical Terms, By Country, 2012–2023
30. Imports, In Value Terms, By Country, 2012–2023
31. Import Prices, By Country Of Origin, 2012–2023
32. Exports, In Physical Terms, 2012–2023
33. Exports, In Value Terms, 2012–2023
34. Exports, In Physical Terms, By Country, 2023
35. Exports, In Physical Terms, By Country, 2012–2023
36. Exports, In Value Terms, By Country, 2012–2023
37. Export Prices, By Country Of Destination, 2012–2023