Kenya - Refined Cotton-Seed Oil - Market Analysis, Forecast, Size, Trends and Insights
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Refined Cotton-Seed Oil Market Size in Kenya
The Kenyan refined cotton-seed oil market reduced to $X in 2023, with a decrease of X% against the previous year. In general, consumption continues to indicate a pronounced downturn. As a result, consumption reached the peak level of $X. From 2014 to 2023, the growth of the market remained at a somewhat lower figure.
Refined Cotton-Seed Oil Production in Kenya
In value terms, refined cotton-seed oil production declined to $X in 2023 estimated in export price. Over the period under review, production recorded a pronounced setback. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2023, production growth failed to regain momentum.
Refined Cotton-Seed Oil Exports
Exports from Kenya
In 2023, after four years of decline, there was significant growth in shipments abroad of refined cotton-seed oil, when their volume increased by X% to X tons. Overall, exports showed prominent growth. The most prominent rate of growth was recorded in 2015 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2016 to 2023, the growth of the exports remained at a lower figure.
In value terms, refined cotton-seed oil exports surged to $X in 2023. Over the period under review, exports, however, continue to indicate a mild decline. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, the exports reached the peak of $X. From 2016 to 2023, the growth of the exports remained at a somewhat lower figure.
Exports by Country
South Africa (X kg) was the main destination for refined cotton-seed oil exports from Kenya, with a X% share of total exports. Moreover, refined cotton-seed oil exports to South Africa exceeded the volume sent to the second major destination, Tanzania (X kg), ninefold.
From 2012 to 2023, the average annual rate of growth in terms of volume to South Africa amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (X% per year) and Rwanda (X% per year).
In value terms, Rwanda ($X) remains the key foreign market for refined cotton-seed oil exports from Kenya, comprising X% of total exports. The second position in the ranking was taken by South Africa ($X), with a X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of value to Rwanda amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (X% per year) and Tanzania (X% per year).
Export Prices by Country
The average refined cotton-seed oil export price stood at $X per ton in 2023, rising by X% against the previous year. Overall, the export price, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2019 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Rwanda ($X per ton), while the average price for exports to South Africa ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (X%), while the prices for the other major destinations experienced mixed trend patterns.
Refined Cotton-Seed Oil Imports
Imports into Kenya
In 2023, supplies from abroad of refined cotton-seed oil decreased by X% to X tons for the first time since 2019, thus ending a three-year rising trend. In general, imports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports reached the peak figure at X tons in 2014; however, from 2015 to 2023, imports stood at a somewhat lower figure.
In value terms, refined cotton-seed oil imports fell to $X in 2023. Overall, imports, however, recorded prominent growth. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, Uganda (X tons) was the main refined cotton-seed oil supplier to Kenya, with a X% share of total imports. It was followed by Egypt (X kg), with a X% share of total imports.
From 2012 to 2023, the average annual growth rate of volume from Uganda amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Tanzania (X% per year).
In value terms, Uganda ($X) constituted the largest supplier of refined cotton-seed oil to Kenya, comprising X% of total imports. The second position in the ranking was taken by Egypt ($X), with a X% share of total imports.
From 2012 to 2023, the average annual growth rate of value from Uganda amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and Tanzania (X% per year).
Import Prices by Country
In 2023, the average refined cotton-seed oil import price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, import price indicated a slight increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, refined cotton-seed oil import price decreased by X% against 2018 indices. The growth pace was the most rapid in 2013 an increase of X%. The import price peaked at $X per ton in 2018; however, from 2019 to 2023, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tanzania ($X per ton), while the price for Uganda ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the refined cotton-seed oil market 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 10415500 - Refined cotton-seed oil and its fractions (excluding chemically modified)
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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