Market Volumes and Value

The profiling of the informal wholesale markets across the Kenya’s coastal region has revealed numerous opportunities for smallholder farmers to engage with buyers. The annual market size for assorted commodities across six major wholesale informal markets is USD 45,615,797 facilitated by 2,213 wholesalers. Statistics reveal that traders are operating at 62% of the market potential given the documented annual market capacity of USD 72,442,428. Irish potatoes, tomatoes, kales, bananas and cabbages are the most traded commodities although huge market deficits for all the commodities are still persistent.

Annual volumes and value of assorted commodities across main informal markets in the coastal region, Kenya.

Commodity Traded

Volume (MT)

Value (USD)

Market Gap (Mt)

Proportion sourced outside Coast Region

Banana

22,027

7,497,898

4 233

64%

Beans

2,423

1,722,110

5 845

50%

Cabbage

15,085

1,806,265

1 711

100%

Cassava

1,957

645,038

1 684

70%

Cowpea

182

116,808

234

100%

Dry maize

749

267,389

655

80%

Green grams

39

28,567

221

100%

Green maize

2,496

324,143

1 456

60%

Kales

22,690

7,558,853

9 482

100%

Mangoes

4,485

537,369

3 362

100%

Onion

8,104

5,220,838

3 846

60%

Oranges

5,595

638,891

4 441

0%

Potatoes

32,244

8,297,969

12 324

93%

Sweet potatoes

2,097

542,640

3 494

50%

Sweet pepper

2,350

933,514

1 413

50%

Tomatoes

24,681

8,862,432

15 003

62%

Water melon

252

26,663

133

50%

 

Price

Huge price variations are persistent during peak and off peak season within the informal markets especially for tomatoes, cassava, potatoes and onions.

This present an opportunity for scheduled production for smallholder farmers to coincide with off peak period that offer higher prices.

Table: price variation during peak and off peak season for assorted commodities across the informal markets in the coastal region of Kenya

Commodity

Price/kg (Kshs)

 

Peak

Off Peak

% price change

Cassava

22

50

127%

Banana

15

25

67%

Beans

66

96

45%

Cabbage

50

70

40%

Cowpea

60

80

33%

Green grams

70

85

21%

Kales

40

60

50%

Mangoes

17

22

29%

Onions

54

100

85%

Potato

21

37.5

79%

Tomato

15

123

720%

 Source: Farm Concern International, FCI, 2016

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