Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Kenya - 2022

Contents:

1. Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Kenya (FOB) - 2022
2. Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Kenya (CIF) - 2022
3. Exports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Kenya
4. Imports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Kenya

Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Kenya (FOB) - 2022

In 2022, the average export price for aquatic invertebrates; sea cucumbers, prepared or preserveds amounted to $8,066 per ton, dropping by -3.9% against the previous year. In general, the export price, however, saw a prominent increase. The most prominent rate of growth was recorded in 2020 an increase of 24% against the previous year. As a result, the export price attained the peak level of $20,359 per ton. From 2021 to 2022, the average export prices failed to regain momentum.

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

From 2016 to 2022, the rate of growth in terms of prices for Hong Kong SAR amounted to -37.1% per year.

Price for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Kenya (CIF) - 2022

The average import price for aquatic invertebrates; sea cucumbers, prepared or preserveds stood at $5,076 per ton in 2021, remaining constant against the previous year. Over the period under review, the import price saw a significant expansion. The growth pace was the most rapid in 2020 when the average import price decreased by 99.9% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Sudan ($5,082 per ton), while the price for Djibouti totaled $5,068 per ton.

From 2019 to 2021, the most notable rate of growth in terms of prices was attained by Sudan (0.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Kenya

In 2022, the amount of aquatic invertebrates; sea cucumbers, prepared or preserveds exported from Kenya surged to 3.1 tons, growing by 217% on the year before. Over the period under review, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of aquatic invertebrates; sea cucumbers, prepared or preserveds surged to $25K in 2022. Overall, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved from Kenya in 2022:

1. Hong Kong SAR (3.1 tons)

Imports of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved in Kenya

In 2021, approx. 158 kg of aquatic invertebrates; sea cucumbers, prepared or preserveds were imported into Kenya; approximately mirroring the previous year's figure. Overall, imports showed a temperate expansion. The smallest decline of 99.9% was in 2020. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, imports of aquatic invertebrates; sea cucumbers, prepared or preserveds amounted to $802 in 2021. In general, imports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2020. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

Top Suppliers of Aquatic Invertebrates; Sea Cucumbers, Prepared or Preserved to Kenya in 2022:

1. Sudan (85.0 kg)
2. Djibouti (73.0 kg)

Source: IndexBox Market Intelligence Platform