Cereals; Barley, Seed Price in Ethiopia - 2022
Contents:
- Cereals; Barley, Seed Price in Ethiopia (CIF) - 2022
- Cereals; Barley, Seed Price in Ethiopia (FOB) - 2022
- Cereals; Barley, Seed Imports in Ethiopia
- Cereals; Barley, Seed Exports in Ethiopia
Cereals; Barley, Seed Price in Ethiopia (CIF) - 2022
In 2022, the average cereals; barley, seed import price amounted to $1,231 per ton, surging by 55% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 an increase of 56% against the previous year. Over the period under review, average import prices hit record highs at $1,322 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,585 per ton), while the price for France amounted to $1,149 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+38.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Cereals; Barley, Seed Price in Ethiopia (FOB) - 2022
The average cereals; barley, seed export price stood at $515 per ton in 2022, surging by 8.9% against the previous year. In general, the export price, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2015 an increase of 93% against the previous year. Over the period under review, the average export prices attained the peak figure at $2,484 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($546 per ton), while the average price for exports to Canada stood at $500 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Israel (-3.4%).
Cereals; Barley, Seed Imports in Ethiopia
In 2022, purchases abroad of cereals; barley, seeds decreased by -71.6% to 83 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, saw a strong expansion. The pace of growth was the most pronounced in 2020 with an increase of 237% against the previous year.
In value terms, cereals; barley, seed imports contracted dramatically to $102K in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 155% against the previous year.
| Import of Cereals; Barley, Seed in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 52.4 | 22.8 | 74.9 | 91.6 | 20.5% |
| Germany | 1.5 | 0.9 | 4.2 | 10.0 | 88.2% |
| Spain | N/A | 31.0 | 29.8 | N/A | -3.9% |
| Russia | N/A | 74.2 | N/A | N/A | 0% |
| Hungary | N/A | N/A | 44.3 | N/A | 0% |
| Croatia | N/A | 11.7 | 77.3 | N/A | 560.7% |
| Others | 2.3 | 2.7 | N/A | N/A | 17.4% |
| Total | 56.2 | 143 | 230 | 102 | 22.0% |
Top Suppliers of Cereals; Barley, Seed to Ethiopia in 2022:
- France (79.7 tons)
- Germany (2.8 tons)
Cereals; Barley, Seed Exports in Ethiopia
In 2022, the amount of cereals; barley, seeds exported from Ethiopia dropped notably to 35 tons, declining by -38.8% compared with 2021 figures. In general, exports, however, saw resilient growth. The pace of growth appeared the most rapid in 2021 when exports increased by 426% against the previous year. As a result, the exports reached the peak of 58 tons, and then contracted dramatically in the following year.
In value terms, cereals; barley, seed exports dropped sharply to $18K in 2022. Over the period under review, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 317% against the previous year. As a result, the exports reached the peak of $27K, and then dropped notably in the following year.
| Export of Cereals; Barley, Seed in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 9.1 | 4.1 | 22.4 | 15.6 | 19.7% |
| Israel | 3.0 | 2.5 | 5.0 | 2.2 | -9.8% |
| Others | N/A | N/A | N/A | 0.4 | 0% |
| Total | 12.1 | 6.6 | 27.4 | 18.3 | 14.8% |
Top Export Markets for Cereals; Barley, Seed from Ethiopia in 2022:
- Canada (31.2 tons)
- Israel (4.1 tons)
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