Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Kenya - 2022

Contents:

  1. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Kenya (CIF) - 2022
  2. Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Kenya (FOB) - 2022
  3. Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Kenya
  4. Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Kenya

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Kenya (CIF) - 2022

The average import price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia stood at $977 per ton in 2022, falling by -20.8% against the previous year. In general, the import price showed a slight downturn. The pace of growth was the most pronounced in 2019 an increase of 33% against the previous year. As a result, import price attained the peak level of $1,468 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($3,000 per ton), while the price for South Africa ($371 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Kenya (FOB) - 2022

In 2022, the average export price for vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia amounted to $1,611 per ton, reducing by -49.1% against the previous year. Over the period under review, the export price recorded a noticeable contraction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 23%. The export price peaked at $3,400 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Somalia ($1,618 per ton), while the average price for exports to Maldives ($1,214 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 Rwanda (+2.9%).

Imports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Kenya

In 2022, purchases abroad of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia was finally on the rise to reach 2 tons after two years of decline. Overall, imports, however, continue to indicate a deep contraction.

In value terms, imports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia soared to $1.9K in 2022. Over the period under review, imports, however, recorded a dramatic curtailment.

Import of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates60841438.07838.8%
Italy2,3001,632156653-34.3%
Spain2,1321,394123475-39.4%
South Africa86.060.06.023.0-35.6%
Others45.028.090.09.0-41.5%
Total5,1713,5284131,943-27.8%

Top Suppliers of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption to Kenya in 2022:

  1. Italy (793.0 kg)
  2. United Arab Emirates (720.0 kg)
  3. Spain (411.0 kg)
  4. South Africa (62.0 kg)

Exports of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Kenya

In 2022, approx. 198 kg of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia were exported from Kenya; rising by 360% on 2021. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of vegetables; olives, provisionally preserved but unsuitable in that state for immediate consumptia skyrocketed to $319 in 2022. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Somalia12813412828831.0%
MaldivesN/AN/AN/A17.00%
Rwanda7.05.04.06.0-5.0%
Others6.05.04.08.010.1%
Total14114413631931.3%

Top Export Markets for Vegetables; Olives, Provisionally Preserved But Unsuitable in That State for Immediate Consumption from Kenya in 2022:

  1. Somalia (178.0 kg)
  2. Maldives (14.0 kg)
  3. Rwanda (4.0 kg)

Source: IndexBox Market Intelligence Platform

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