Starches; Inulin Price in Kenya - 2021
Contents:
- Starches; Inulin Price in Kenya (CIF) - 2022
- Starches; Inulin Price in Kenya (FOB) - 2022
- Starches; Inulin Imports in Kenya
- Starches; Inulin Exports in Kenya
Starches; Inulin Price in Kenya (CIF) - 2022
In 2022, the average starches; inulin import price amounted to $448 per ton, shrinking by -4.4% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 34% against the previous year. The import price peaked at $483 per ton in 2013; however, from 2014 to 2022, import prices stood 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 Egypt ($628 per ton), while the price for Tanzania ($137 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+5.0%), while the prices for the other major suppliers experienced a decline.
Starches; Inulin Price in Kenya (FOB) - 2022
In 2022, the average starches; inulin export price amounted to $985 per ton, rising by 6.5% against the previous year. Overall, the export price recorded tangible growth. The pace of growth appeared the most rapid in 2014 when the average export price increased by 38%. The export price peaked at $1,102 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Somalia ($2,734 per ton), while the average price for exports to Burundi ($794 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 Tanzania (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.
Starches; Inulin Imports in Kenya
In 2022, starches; inulin imports into Kenya dropped to 23K tons, waning by -6.2% compared with the year before. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 14%. As a result, imports attained the peak of 24K tons, and then declined in the following year.
In value terms, starches; inulin imports declined to $10M in 2022. The total import value increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. As a result, imports attained the peak of $11M, and then contracted in the following year.
| Import of Starches; Inulin in Kenya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 2.8 | 5.4 | 5.1 | 4.0 | 12.6% |
| India | 1.5 | 0.9 | 1.7 | 3.2 | 28.7% |
| Pakistan | 4.1 | 1.5 | 3.4 | 2.1 | -20.0% |
| Uganda | 0.1 | 0.5 | 0.5 | 0.3 | 44.2% |
| Turkey | 0.5 | 0.3 | 0.3 | 0.2 | -26.3% |
| Tanzania | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | 0.5 | 0.4 | 0.5 | 0.3 | -15.7% |
| Total | 9.7 | 9.1 | 11.5 | 10.3 | 2.0% |
Top Suppliers of Starches; Inulin to Kenya in 2022:
- India (7.6K tons)
- Pakistan (6.5K tons)
- Egypt (6.4K tons)
- Uganda (1.2K tons)
- Turkey (0.4K tons)
- Tanzania (0.3K tons)
Starches; Inulin Exports in Kenya
In 2022, shipments abroad of starches; inulins decreased by -24.7% to 134 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 97% against the previous year. As a result, the exports attained the peak of 178 tons, and then declined notably in the following year.
In value terms, starches; inulin exports declined markedly to $132K in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 68% against the previous year.
| Export of Starches; Inulin in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 10.8 | 30.6 | 86.4 | 68.8 | 85.4% |
| Tanzania | 8.6 | 10.3 | 23.5 | 18.7 | 29.6% |
| Rwanda | 3.4 | 13.7 | 21.1 | 17.0 | 71.0% |
| South Africa | 0.2 | 3.6 | 7.5 | 6.3 | 215.8% |
| Burundi | 5.1 | 26.4 | 8.0 | 6.2 | 6.7% |
| Somalia | 0.7 | 6.1 | 7.0 | 5.6 | 100.0% |
| Ethiopia | 0.2 | 5.4 | 6.3 | 5.0 | 192.4% |
| Pakistan | 29.6 | N/A | N/A | N/A | 0% |
| Others | 0.8 | 3.6 | 5.2 | 4.9 | 83.0% |
| Total | 59.4 | 99.8 | 165 | 132 | 30.5% |
Top Export Markets for Starches; Inulin from Kenya in 2022:
- Uganda (79.9 tons)
- Rwanda (17.1 tons)
- Tanzania (13.4 tons)
- Burundi (7.8 tons)
- South Africa (6.6 tons)
- Ethiopia (4.2 tons)
- Somalia (2.0 tons)
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