Kenya - Chocolate Bars with Cereals, Fruit or Nuts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Cereal, Fruit or Nut Chocolate Bar in Kenya - 2022
Contents:
- Price for Cereal, Fruit or Nut Chocolate Bar in Kenya (CIF) - 2022
- Price for Cereal, Fruit or Nut Chocolate Bar in Kenya (FOB) - 2022
- Imports of Cereal, Fruit or Nut Chocolate Bar in Kenya
- Exports of Cereal, Fruit or Nut Chocolate Bar in Kenya
Price for Cereal, Fruit or Nut Chocolate Bar in Kenya (CIF) - 2022
The average import price for chocolate bars with cereals, fruit or nuts stood at $3,208 per ton in 2022, reducing by -14.9% against the previous year. In general, the import price saw a pronounced slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 11%. The import price peaked at $5,117 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($3,247 per ton), while the price for Egypt ($2,925 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 (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Cereal, Fruit or Nut Chocolate Bar in Kenya (FOB) - 2022
In 2022, the average export price for chocolate bars with cereals, fruit or nuts amounted to $2,613 per ton, shrinking by -14.9% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 69%. As a result, the export price reached the peak level of $4,858 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uganda ($5,139 per ton), while the average price for exports to South Sudan ($1,087 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 the Netherlands (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal, Fruit or Nut Chocolate Bar in Kenya
Imports of chocolate bars with cereals, fruit or nuts into Kenya dropped sharply to 1.1K tons in 2022, declining by -41.6% against the year before. In general, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 47%. As a result, imports attained the peak of 1.9K tons, and then contracted notably in the following year.
In value terms, imports of chocolate bars with cereals, fruit or nuts shrank notably to $3.6M in 2022. Over the period under review, imports faced a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year.
| Import of Cereal, Fruit or Nut Chocolate Bar in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 3.0 | 2.4 | 2.8 | 3.0 | 0.0% |
| South Africa | 5.2 | 3.2 | 3.5 | N/A | -18.0% |
| Others | 1.7 | 0.9 | 0.9 | 0.6 | -29.3% |
| Total | 9.8 | 6.4 | 7.2 | 3.6 | -28.4% |
Top Suppliers of Cereal, Fruit or Nut Chocolate Bar to Kenya in 2022:
- Egypt (1041.0 tons)
- South Africa (0.3 tons)
Exports of Cereal, Fruit or Nut Chocolate Bar in Kenya
In 2022, approx. 80 tons of chocolate bars with cereals, fruit or nuts were exported from Kenya; jumping by 19% compared with the previous year. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +21.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.8% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 33%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of chocolate bars with cereals, fruit or nuts amounted to $210K in 2022. The total export value increased at an average annual rate of +5.4% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 26% against the previous year. As a result, the exports attained the peak of $226K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Cereal, Fruit or Nut Chocolate Bar in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tanzania | 16.4 | 42.8 | 52.9 | 70.5 | 62.6% |
| Uganda | 87.9 | 115 | 84.2 | 62.6 | -10.7% |
| Rwanda | 66.4 | 10.6 | 46.4 | 34.6 | -19.5% |
| Zambia | 8.3 | 55.5 | 18.2 | 27.3 | 48.7% |
| South Sudan | N/A | N/A | N/A | 10.9 | 0% |
| Burundi | N/A | 1.0 | 1.2 | 2.4 | 54.9% |
| Others | N/A | 1.5 | 3.7 | 1.3 | -6.9% |
| Total | 179 | 226 | 207 | 210 | 5.5% |
Top Export Markets for Cereal, Fruit or Nut Chocolate Bar from Kenya in 2022:
- Tanzania (36.0 tons)
- Uganda (12.2 tons)
- Rwanda (11.8 tons)
- South Sudan (10.0 tons)
- Zambia (7.5 tons)
- Burundi (1.8 tons)
This report provides an in-depth analysis of the market for cereal, fruit or nut chocolate bar 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 10822235 - Chocolate blocks, slabs or bars with added cereal, fruit or nuts (excluding filled, chocolate biscuits)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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