What is the price of soya beans per kilogram/pound in Kenya today?
The retail price range for Kenya soya beans is between US$ 0.49 and US$ 0.49 per kilogram or between US$ 0.22 and US$ 0.22 per pound(lb). Click here to see today's exact prices of soya beans in Kenya
The retail price range in Kenyan Shilling for soya beans is between KES 67.55 and KES 67.55 per kilogram or between KES 30.63 and KES 30.63 per pound(lb) in Nairobi and Mombasa.
Wholesale prices
In 2024, the approximate wholesale price range for Kenya soya beans is between US$ 0.34 and US$ 0.34 per kilogram or between US$ 0.15 and US$ 0.15 per pound(lb).
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Kenya Soya Beans Export Prices - Historical, Trends and Prediction
The export price per kilogram of Soya Beans from Kenya over the last five years has been relatively stable. In 2016 and 2017, the price was 0.65 US$ per kg, followed by a sharp drop to 0.08 US$ per kg in 2018. In 2019, the price rose to 0.93 US$ per kg and then to 1.00 US$ per kg in 2020. The latest data shows that the price has increased to 1.26 US$ per kg in 2021. Based on this trend, it is predicted that the export price per kilogram of Soya Beans from Kenya will be around 1.30 US$ per kg in 2023 and 1.35 US$ per kg in 2024.The Kenya soya beans exports are classified as:
- Soya beans, whether or not broken (excluding seed for sowing) (HS code 120190)
- Soya beans, whether or not broken (HS code 120100)
- Soya bean seed, for sowing (HS code 120110)
Kenya Soya Beans Import Prices - Historical, Trends and Prediction
The import price per kilogram of Soya Beans into Kenya over the last five years has been quite varied. In 2016 and 2017, the price was 0.65 US$ per kg, before dropping to 0.08 US$ per kg in 2018. This was followed by a significant increase to 0.44 US$ per kg in 2019 and 0.93 US$ per kg in 2020. The price then rose again to 1.00 US$ per kg in 2021 and 1.26 US$ per kg in 2022. Based on this trend, it is likely that the import price per kilogram of Soya Beans into Kenya will be around 1.50 US$ per kg in 2023 and 1.75 US$ per kg in 2024.Export values for Kenya soya beans
The total values in export for soya beans in Kenya were US$ 117, US$ 2, US$ 425 and US$ 56 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Kenya: Wheat, Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Millet & Canary seed.
See prices of soya beans in other countries across Africa: Algeria soya beans, Angola soya beans, Botswana soya beans, Burundi soya beans, Cameroon soya beans, Cape Verde soya beans, Central African Republic soya beans, Comoros soya beans, DRC Congo soya beans & Benin soya beans.
Kenya soya beans - Production, Exports, Imports, Seasons and HS Codes
In 2019 Kenya shipped 60 tonnes of soya beans. For the year 2019 alone, the interest in Kenya soya beans (cereals/grains category) has decreased, with a change of -90.369 pc compared to the year 2018. Between 2017 and 2019, soya beans' exports went up by 400% earning the exporter US$0.06m for the year 2019. Kenya's soya beans exports are categorised as:
- Soya beans, whether or not broken (excluding seed for sowing) (HS code 120190)
- Soya beans, whether or not broken (HS code 120100)
- Soya bean seed, for sowing (HS code 120110)
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Kenya soya beans export values
In 2019, Kenya supplied soya beans worth 0.06m USD, a decrease of -85.88% from 2018's total soya beans export of 0.425m USD. The annual change in value of Kenya soya beans between 2017 to 2018 was 21150 pc.
The annual/yearly variation in the volume of Kenya's soya beans exports between 2017 and 2019 was 400 pc compared to a variation of -90.369% in the period between 2018 and 2019.
Kenya's share of the world's total soya beans' exports in 2019 was less than 1%. Kenya holds number 29 in world exports of soya beans.
Export markets for Kenya soya beans ( in '000$ )
Kenya's leading export markets for soya beans are Tanzania, South Sudan, United Kingdom (UK), US and India.
Import/Export Trends
Kenya is a net exporter of soya beans. The annual growth of Kenya soya beans in value between 2015 to 2019 was -11%, per year, while annual growth in quantity for the same period was -12%, per annum.
Kenya purchased 23,776 tonnes of soya beans in 2019.
Production
The production of soya beans in Kenya was 7,188 tonnes in 2019 and is forecast to change by an average of -0.08%. The country had approximately 7,194.00 hectares under soya beans cultivation.