What is the price of malt extract per kilogram/pound in Kenya today?
The retail price range for Kenya malt extract is between US$ 0.62 and US$ 0.74 per kilogram or between US$ 0.28 and US$ 0.33 per pound(lb). Click here to see today's exact prices of malt extract in Kenya
The retail price range in Kenyan Shilling for malt extract is between KES 86.24 and KES 102.16 per kilogram or between KES 39.11 and KES 46.33 per pound(lb) in Nairobi and Mombasa.
Wholesale prices
In 2024, the approximate wholesale price range for Kenya malt extract is between US$ 0.43 and US$ 0.51 per kilogram or between US$ 0.20 and US$ 0.23 per pound(lb).
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Kenya Malt Extract Export Prices - Historical, Trends and Prediction
The export price per kilogram of Malt Extract from Kenya has seen a steady increase over the last five years. In 2017, the price was 0.76 US$ per kg, followed by 0.57 US$ per kg in 2018. In 2019, the price rose to 0.88 US$ per kg and in 2020, it reached its highest point of 1.91 US$ per kg. In 2021, the price dropped to 1.02 US$ per kg. Based on this trend, it is predicted that the export price per kilogram of Malt Extract from Kenya in 2023 will be around 1.20 US$ per kg and in 2024, it will be around 1.37 US$ per kg.The malt extract exports from Kenya are categorised as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
Kenya Malt Extract Import Prices - Historical, Trends and Prediction
The import price per kilogram of Malt Extract into Kenya over the last five years has been relatively stable. In 2017, the price was 0.76 US$ per kg, followed by 0.57 US$ per kg in 2018. In 2019, the price increased to 0.88 US$ per kg, before dropping to 0.57 US$ per kg in 2020. The price then rose to 1.91 US$ per kg in 2021, before dropping back to 1.02 US$ per kg in 2021. Based on this trend, it is likely that the price of Malt Extract in Kenya will remain relatively stable in the next two years, with an estimated price of 0.90 US$ per kg in 2023 and 0.95 US$ per kg in 2024.Export values for Kenya malt extract
The total values in export for malt extract in Kenya were US$ 20,334, US$ 32,862, US$ 12,592 and US$ 11,204 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in Kenya: Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Butter, Cheese, Natural Honey, Coffee, Green Tea & Black Tea.
See prices of malt extract in other countries across Africa: Algeria malt extract, Angola malt extract, Botswana malt extract, Burundi malt extract, Cameroon malt extract, Cape Verde malt extract, Central African Republic malt extract, Comoros malt extract, DRC Congo malt extract & Benin malt extract.
Kenya malt extract - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kenya sold 12,785 tonnes of malt extract. For the year 2019 alone, the demand for Kenya malt extract (processed category) has shrunk, recording a change of -41.688 percent compared to the year 2018. Between 2017 and 2019, malt extract's exports went down by -70.47% netting the nation US$11.20m for the year 2019. Kenya's malt extract exports are categorised as:
- Malt extract; food preparations of flour, groats, meal, starch or malt extract, not containing cocoa or containing < 40% by weight of cocoa calculated on a totally defatted basis, n.e.s. and food preparations of milk, cream, butter milk, sour milk, sour cream, whey, yogurt, kephir or similar goods of heading 0401 to 0404, not containing cocoa or containing < 5% by weight of cocoa calculated on a totally defatted basis, n.e.s. (excluding for infant use, put up for retail sale, and mixes and doughs for the preparation of bakers' wares of heading 1905) (HS code 190190)
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Kenya malt extract export values
In 2019, Kenya supplied malt extract worth 11.20m USD, a reduction of -11.05% from 2018's total malt extract export of 12.592m USD. The yearly change in value of Kenya malt extract between 2017 to 2018 was -61.682 percent.
The annual/yearly change in the quantity of Kenya's malt extract exports between 2017 and 2019 was -70.47 pc compared to a variation of -41.688% in the period between 2018 and 2019.
Kenya's stake of the world's total malt extract's exports in 2019 was less than 1%. The country holds position 55 in world exports of malt extract.
Export markets for Kenya malt extract ( in '000$ )
Kenya's leading destinations for malt extract are Uganda, Somalia, South Sudan, Burundi and Zimbabwe.
Import/Export Trends
Kenya is a net importer of malt extract. The annual growth of Kenya malt extract in value between 2015 to 2019 was 2%, per year, while annual growth in quantity was 3%, per annum.
Kenya bought 52,173 tonnes of malt extract in 2019.