Key Market Indicators
In 2018, the Kenyan Chocolate trade was up by 13% to $18.6 million from $16.4 million during 2017. Last year, Kenyan imports of chocolate grew 26.7%, reaching $16.2 million. This is up from the $12.8 million imported in 2017. Since 1997, demand has increased by 9.6% annually. Exports of chocolate from Kenya reached $2.3 million in 2018, a decrease of 9.4% compared to the previous year. Since 1997, supply has dropped by 18.6% year on year. Overall, Kenya's chocolate trade grew by 13%, totaling $18.6 million in 2018, up from $16.4 million the year before.
Improve your Knowledge with the latest Indicators and Trends
-
Seasonal Chocolates: Unwrapping Market Trends, Opportunities, and Competitive Landscape Analysis
The Seasonal Chocolate Market has grown significantly in recent years, propelled primarily by increased consumer demand across diverse demographics. Particularly prevalent trends encompass premiumization and personalization, reflecting consumer interest in upscale, individualized products. Another significant trend is packaging innovation, highlighted by a drive to adopt eco-friendly materials in response to...
Discover more insights -
Chocolate Industry: Unmasking the Growth Trends and Opportunities Across Variants
In recent years, the chocolate industry has experienced sustained growth, driven by an increasing consumer love for chocolate. The global market is expected to reach a significant market size by 2027, given its current CAGR. The demand is growing in both developed and developing nations, with patterns moving towards high...
Discover more insights -
Cocoa Sector: Analyzing Trends, Opportunities, and Forecasts in the Global Marketplace
Global cocoa demand is shaped fundamentally by overall confectionery industry patterns, with chocolate production representing the majority of worldwide cocoa use. Increased chocolate consumption in emerging economies, primarily those in the Asia-Pacific and South America regions, has been a key contributor to rising demand. Additionally, health-conscious consumers in mature markets...
Discover more insights -
Confectionery Sector Insights: In-depth Analysis of Global Chocolate Market Trends & Forecasts
The global chocolate market is experiencing a robust growth, fuelled by evolving consumer patterns, heightened disposable incomes, and an expanding middle class in emerging markets. The market reached a valuation of about $130 billion in 2019, driven by culinary innovations and novel marketing strategies. The health benefits of dark chocolate...
Discover more insights -
Carob Chocolate Market: Diverse Distribution Channels Drive Industry Growth Potential
Alternative chocolate profiles such as carob-based chocolates are making strides in the market, driven by a wave of consumer demand for healthier, diversified food choices. Its nutritional offerings, which include high amounts of fiber, various essential minerals, zero caffeine content, and low fat and sugar level, make it a preferred...
Discover more insights