Agriculture and Food Processing in Kenya World Bank Launch Event

Page 1

Agriculture and Food Processing in Kenya World Bank Launch Event

October 2015


Contents

Kenya’s agro-processing sector: Status and Opportunities

Current strengths

Challenges to overcome

Recommendations to improve this sector

1


Agro-processing in Kenya is a USD 3.25 Bn market, 40% of which is manufacturing value-add 2013 industry revenue, Kenya

Raw consumption (USD 9.5 bn) Domestic production (USD3 13.1 bn)

40% of total value of processed goods is manufacturing value-add

Raw export (USD 2.5 bn) Processing inputs (USD 1.1 bn)

Processing value add (USD1 1.3 bn) Imports (USD 2.0 bn)

Processing inputs (USD 0.9 bn)

Processed agroproducts market Domestic market (USD 2.75 bn)

Export market (USD 0.5 bn)

Raw consumption (USD 1.1 bn)

1 Based on GVA 2 Based on overall manufacturing 3 Production value based on FAO STAT – does not equal agriculture GVA Source: Kenya Bureau of Statistics, COMTRADE 2013, FAO 2012, EUROSTAT

2


Agro-processing accounts for 3.2 % of GVA, 2.4% of employment, and 8.5% of exports in Kenya Related sectors

Others

GVA % of GVA, 2013 100% =

37

Livestock

Focus

Agriculture

Employment % of employment, 2013 Bn USD

2

100% =

Animal processing

Crop processing

Exports and imports % of trade, 2013 20

M empl.

6

100% =

18

Bn USD

48.5 0.1 61.7 68.2

80.9 88.7

5.7

43.0 6.0 2.5

30.1

22.6 13.8 3.2%

3.0 0.2

2.3 0.5

2.0 0.4

GDP

Formal employment

Total employment1

2.4%

8.5%

0.5 8.0 Exports

6.0 4.9

0.2 0.1

Imports

1 Informal employment estimated for processing activities based on manufacturing sector informal employment share SOURCE: Kenya SourceBureau of Statistics, COMTRADE 2013

3


Share of processing is low in all product groups – fruits and vegetables currently dominate processed exports

Un-processed Processed

Sub-sector contribution, 2013, ‘000 tonnes Product category

Agricultural production1

Ind. crops

Coffee, tea

Highvalue crops

Fruits & vegetables

Ind. crops

Sugar cane

Meat

1 2012 data

243

363 419 3

56

50

13,310 13,722

72

412 0 5,823 5,823

590

Livestock Dairy and eggs

Raw vs. processing2 Trade balance

-318

561

-1

30

-1 4,456

-2

5,064 608

-5

2 Data estimated from trade data and industry interviews

Source: FAO STAT 2012, COMTRADE

4


Agro-related products account for more than half of Kenya’s exports Exports of goods $million USD, 2013 Vegetable products

2,630 (45%)

Petroleum

962 (17%)

Foodstuffs

441 (8%)

Textiles

426 (7%)

Chemicals and allied industries

340 (6%)

Metals

229 (4%)

Machinery/electrical

181 (3%)

Plastics/rubbers

105 (2%)

Raw hides, skins, leather & fur

104 (2%)

Wood and wood products

99 (2%)

Animal and animal products

78 (1%)

Transportation

73 (1%)

Miscellaneous

64 (1%)

Footwear/headgear

32 (1%)

Stone/glass

29 (1%)

Source: Comtrade, Kenya Bureau of Statistics

Combined agro-related products account for 53% of exports

5


However, there is untapped potential: only 16% of Kenya’s agricultural exports are processed, lower than in peer countries Processed (%)

Agro-exports per capita USD per capita, 2013 32

8

53

86

16

22

Unprocessed

Processed

25

34

1

24 18 6

32 21 11

21 0 21

240 213 158

163 197

75 83

77

108 15

93

16 Ivory Coast

Ghana

South Africa

Indonesia

67

56 11

37 29 8

Kenya

Nigeria

Tanzania Uganda Ethiopia

Processing agricultural goods yields a ~70% increase in value on average Source: Comtrade, 2013

6


Pineapples and beans are the only high-value crops that are currently processed and exported

Already developed exports Potential for processed exports

Production and trade for top products, 2013 Raw

Mn USD Product category

Agricultural production

Potatoes

1,243

Beans Vegetables

Sweet potatoes Tomatoes Avocados

532 316 237

Low

693 490

Exports

Processed world trade

1 1

8,359 217 54

N/A

0 0

Low

0 0

940

6,367 38

0

Low

6 0

0

0 0

0

218

Low

Pineapples

162

High

Processing industry is established in beans and pinapple

There are processing opportunities in potatoes and tomatoes, which represent a large global market

Bananas and Mangoes have substantial production, but insignificant processed export market

0

0 0 0

Cassava

Key takeaways:

0

N/A

Fruits

SOURCE: Source SOURCE: FAO STAT 2012, COMTRADE 2013

Processed

High

N/A

50

Bananas Mangoes

Processing share

0 100

1,914

7


There is significant local opportunity to tap into the $3.8 billion agroimports market in East Africa > $500m

Ukraine: wheat

$ 250-500m $ 100-250m

India: rice Key takeways:

▪ Kenya imports ~$1.3

Indonesia: palm oil Malaysia: palm oil

Top 5 import partners: Australia: USD millions wheat ▪ Indonesia 518 ▪ India 406 ▪ Malaysia 240 ▪ Ukraine 144 ▪ Australia 123 Source: Comtrade

billion of raw and processed products such as palm oil, wheat, and rice

▪ Other countries in the region import $2.5 billion worth of similar raw and processed products

▪ Kenya has not fully capitalized on this local and regional opportunity

8

8


Kenya can increase its 4% share of the $111 billion US import market Percentage of total agro-processed exports to the USA by country, 2010 Morocco Tunisia Côte d’Ivoire

US agro-processed imports (2014)

Mauritius

USD 111 billion

Madagascar Nigeria

Sugar and tropical products

Kenya Namibia

Horticultural products

Burkina Faso

Livestock products

Egypt

Cotton, tobacco, and seeds

Ghana

Oilseeds and oilseed products

Botswana

Grains and feeds

Uganda

Zimbabwe 0% Source: UN Comtrade

5%

10%

15%

20%

25% 9


Contents

Kenya’s agro-processing sector

Current strengths: Kenya’s comparative advantage

Challenges to overcome

Recommendations to improve this sector

10


Kenya compares well to its neighbors in trade access and strategic environment, but will have to improve on some key cost factors Kenya

Cost criteria

Uganda

Ethiopia

India

Tanzania

Bangladesh

China

Strategy criteria

More favorable

More favorable

Labor quality

Labor costs

Financing Labor tax costs Market access Kenya’s cost position

Property/ energy costs

Kenya’s strategic position

Regulatory environment

Political stability Logistics costs

Corporate tax costs

Ease of doing business Quality of life

11


Kenya possesses the advantage of a major East African port, but will face competition from peers who are expanding capacity ESTIMATES CONTAINERS ONLY

Country Djibouti

Kenya2

Current throughput TEU1 ‘000

Planned capacity by 2020 TEU1 ‘000 ~1,200

~600

~1,600

~900

▪ Throughput demand is expected to increase significantly by 2020

▪ Massive port Tanzania

Mozambique South Africa (Eastern)3

Total

~20,500

~500

~300

~1,200

infrastructure planned – might outpace expected demand growth

▪ Competitiveness of corridors will decide on utilization of ports

~2,300

~9,000

~4,600

~33,500

1 Twenty-foot container equivalent Unit 2 Throughput at Mombasa, without the new Lamu port which is planned to have three times Mombasa's capacity (planned for 2030) 3 Only Durban and Richardsbay are included Source: Press, World cargo news, Containerization intl., Southern Africa Trade Hub, Safiri, Transnet, Bus-ex, USAID, Worldbank, DP Investor presentation

12


Contents

Kenya’s agro-processing sector

Current strengths

Challenges to overcome

Recommendations to improve this sector

13


The main challenges agro-processors face are land access and infrastructure Challenges in agro-processing

Land with good transport infrastructure is 2 – 8x more expensive than in Tanzania, Ethiopia and Egypt

Poor investment in infrastructure in agricultural areas serves as a major roadblock for expansion of agro-processing activities

Yields on fruits, vegetables, dairy, and meat are 30 to 50% lower than global leaders due to smallholder inefficiencies, poor seed quality and lack of irrigation

Potato varieties are unsuitable for processing since historically, seed focus has been on productivity and disease resistance but not on suitability for processing

Market links and information for farmers are lacking, and there is poor alignment between processors’ demands and farmers’ supply

Governance and arbitration institutions are needed to manage contracts and ensure the security of supply from farmers 14


Poor quality of roads is a constraint for packaged product processing as packages are often damaged Only 10% of Kenya’s road network is classified as “good” Length of road network (km thousands) 10%

34%

% Share of total

56% 161

Key takeways

▪ Bad road network in Kenya leads to

– Slow and costly

91

transportation

– Damaging of product packaging (especially for palm oil)

▪ Transportation across

54

country borders is therefore complicated

16

Good

Fair

Source: Kenya Roads Board, Industry interviews

Poor

Total

15


Contents

Kenya’s agro-processing sector

Current strengths

Challenges to overcome

Recommendations to improve this sector

16


We have identified key initiatives to drive processing of domestically grown agricultural products Agricultural focus Solution space

Agro-processing focus

Initiatives 1 Kenyan tea brand for exports

Agricultural production

Agroprocessing

Value chain integration

Infrastructure development

2 Increased Kenyan coffee production

Domestic market focus

Export market focus

3 Potato processing for export $80M $500M 3

8

1

2 4

$100M

$200M

$50M

4 Processing of high-value horticulture e.g. mangos, passion fruit1 5 Substitution of sugar imports through productivity improvement in sugar mills

7

6 $80M

$70M 5

$180M

6 Meat processing for growing domestic market and export market (long-term)

7 Dairy processing for growing and informal domestic market and export market (long term) 8 Develop cold chain infrastructure

1 Based on potentials identified by large private sector players in horticulture 17


We propose 4 strategic thrusts as the initial priority for the agro-processing sector

PRELIMINARY

Potential (conservative estimate) Description

▪ 1

Agropolis

Big bets

▪ ▪

2

Mombasa food hub

▪ ▪

Transact 3 ional

Integrated value chain projects

Supporting

Kenyan branding

4

SOURCE: Source

GDP M USD

Employment Investment Employees M USD

1-3 flagship projects to revitalize and modernize the agro-industrial sector Focus value chains: mangoes, passion fruit, beans, peas, cassava, potatoes

400-600

50-60,000

550-600

Agro-processing and logistics center at Mombasa port serving as a regional hub Importing, processing and packaging of palm oil, wheat, rice, etc.

400-600

20-30,000

250-300

3-5 agro-processing projects, led by integrated players Focus areas: – Revival of sugar industry – Dairy hubs: cold chain corridor – Industrialized meat hub

100-300

2-10,000

20-150

100-200

5-10,000

50-60

Establishment of a Kenya tea brand as a branding flagship project

18


Key questions for discussion

▪ ▪ ▪

Do you agree with the solution space and recommendations?

What are the key capabilities and skills that we need to build in the workforce?

What are the critical infrastructure needs for this sector in Kenya?

How can businesses better capture the regional market?

What could be Kenya’s niche in the global agricultural market? How can businesses better take advantage of trade agreements like AGOA?

19


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