Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Kenya - 2022

Contents:

  1. Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Kenya (CIF) - 2022
  2. Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Kenya (FOB) - 2022
  3. Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Kenya
  4. Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Kenya

Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Kenya (CIF) - 2022

In 2022, the average import price for cheese, blue-veined (not grated, powdered or processed) amounted to $9,583 per ton, falling by -9% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cheese, blue-veined (not grated, powdered or processed) increased by +76.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 94%. As a result, import price reached the peak level of $10,537 per ton, and then reduced in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +5.9% per year.

Price for Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Kenya (FOB) - 2022

In 2022, the average export price for cheese, blue-veined (not grated, powdered or processed) amounted to $11,152 per ton, shrinking by -20.7% against the previous year. In general, the export price showed a noticeable reduction. The growth pace was the most rapid in 2015 when the average export price increased by 120% against the previous year. Over the period under review, the average export prices reached the maximum at $17,577 per ton in 2012; however, from 2013 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 Maldives ($25,000 per ton), while the average price for exports to Bahrain ($9,800 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 Bahrain (+98.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Kenya

In 2022, the amount of cheese, blue-veined (not grated, powdered or processed) imported into Kenya contracted markedly to 36 kg, waning by -93.9% against the previous year. In general, imports showed a dramatic slump. The pace of growth appeared the most rapid in 2021 with an increase of 227% against the previous year.

In value terms, imports of cheese, blue-veined (not grated, powdered or processed) reduced markedly to $345 in 2022. Overall, imports faced a dramatic slump. The pace of growth was the most pronounced in 2021 with an increase of 535%.

Import of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark1.40.11.10.3-40.2%
Belgium1.3N/A0.5N/A-38.0%
United Arab EmiratesN/AN/A1.5N/A0%
United StatesN/A0.6N/AN/A0%
Italy4.50.20.5N/A-66.7%
Netherlands1.90.12.0N/A2.6%
Others0.1N/A0.5N/A123.6%
Total9.21.06.20.3-68.1%

Top Suppliers of Cheese, Blue-Veined (Not Grated, Powdered or Processed) to Kenya in 2022:

  1. Denmark (36.0 kg)

Exports of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Kenya

In 2022, shipments abroad of cheese, blue-veined (not grated, powdered or processed) increased by 14% to 33 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a sharp descent.

In value terms, exports of cheese, blue-veined (not grated, powdered or processed) contracted to $368 in 2022. In general, exports, however, continue to indicate a sharp curtailment. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year.

Export of Cheese, Blue-Veined (Not Grated, Powdered or Processed) in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Rwanda16618240824513.9%
BahrainN/A25.0N/A98.098.0%
MaldivesN/AN/AN/A25.00%
Democratic Republic of the Congo553N/AN/AN/A0%
OthersN/A122N/AN/A0%
Total719329408368-20.0%

Top Export Markets for Cheese, Blue-Veined (Not Grated, Powdered or Processed) from Kenya in 2022:

  1. Rwanda (22.0 kg)
  2. Bahrain (10.0 kg)
  3. Maldives (1.0 kg)

Source: IndexBox Market Intelligence Platform

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