Cereals; Oats, Seeds Price in Ethiopia - 2022
Contents:
- Cereals; Oats, Seeds Price in Ethiopia (FOB) - 2022
- Cereals; Oats, Seeds Price in Ethiopia (CIF) - 2022
- Cereals; Oats, Seeds Exports in Ethiopia
- Cereals; Oats, Seeds Imports in Ethiopia
Cereals; Oats, Seeds Price in Ethiopia (FOB) - 2022
The average cereals; oats, seeds export price stood at $1,099 per ton in 2022, approximately mirroring the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.8%. The pace of growth was the most pronounced in 2020 an increase of 21%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Israel ($1,282 per ton), while the average price for exports to Djibouti amounted to $594 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Djibouti (+1.0%).
Cereals; Oats, Seeds Price in Ethiopia (CIF) - 2022
In 2022, the average cereals; oats, seeds import price amounted to $14,250 per ton, leveling off at the previous year. In general, the import price saw significant growth. The most prominent rate of growth was recorded in 2018 an increase of 75%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for Ireland.
From 2014 to 2022, the rate of growth in terms of prices for Morocco amounted to +53.3% per year.
Cereals; Oats, Seeds Exports in Ethiopia
In 2022, the amount of cereals; oats, seedses exported from Ethiopia declined to 98 tons, reducing by -11.9% compared with 2021. In general, exports recorded a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 10%.
In value terms, cereals; oats, seeds exports fell to $108K in 2022. The total export value increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. As a result, the exports attained the peak of $121K, and then contracted in the following year.
| Export of Cereals; Oats, Seeds in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 53.4 | 64.6 | 101 | 92.3 | 20.0% |
| Djibouti | 39.3 | 27.4 | 20.0 | 15.6 | -26.5% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 92.8 | 92.0 | 121 | 108 | 5.2% |
Top Export Markets for Cereals; Oats, Seeds from Ethiopia in 2022:
- Israel (72.0 tons)
- Djibouti (26.2 tons)
Cereals; Oats, Seeds Imports in Ethiopia
Cereals; oats, seeds imports into Ethiopia totaled 8 kg in 2022, almost unchanged from 2021. Overall, imports recorded a sharp decline. The smallest decline of 99.9% was in 2021.
In value terms, cereals; oats, seeds imports stood at $114 in 2022. Over the period under review, imports saw a sharp decrease. The smallest decline of 99.9% was in 2021.
| Import of Cereals; Oats, Seeds in Ethiopia (USD) | ||||
|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 |
| Ireland | N/A | N/A | 114 | 0% |
| United Arab Emirates | 22.0 | N/A | N/A | 0% |
| Malaysia | 184 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 0% |
| Total | 206 | N/A | 114 | -25.6% |
Top Suppliers of Cereals; Oats, Seeds to Ethiopia in 2022:
- Ireland (8.0 kg)
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