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Ethiopia - Insecticides - Market Analysis, Forecast, Size, Trends and Insights
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View PricingInsecticide Price in Ethiopia - 2022
Contents:
- Insecticide Price in Ethiopia (CIF) - 2022
- Insecticide Price in Ethiopia (FOB) - 2022
- Insecticide Imports in Ethiopia
- Insecticide Exports in Ethiopia
Insecticide Price in Ethiopia (CIF) - 2022
The average insecticide import price stood at $10,549 per ton in 2022, increasing by 33% against the previous year. Overall, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 an increase of 91% against the previous year. As a result, import price attained the peak level of $11,349 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($32,465 per ton), while the price for Turkey ($1,684 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Insecticide Price in Ethiopia (FOB) - 2022
The average insecticide export price stood at $15,275 per ton in 2022, waning by -23.4% against the previous year. Overall, the export price showed a noticeable decrease. The most prominent rate of growth was recorded in 2019 when the average export price increased by 398% against the previous year. As a result, the export price attained the peak level of $32,894 per ton. From 2020 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Djibouti.
From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +30.1% per year.
Insecticide Imports in Ethiopia
In 2022, supplies from abroad of insecticides decreased by -55.1% to 4K tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of 141% against the previous year. As a result, imports attained the peak of 9K tons, and then dropped markedly in the following year.
In value terms, insecticide imports declined sharply to $42M in 2022. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 126% against the previous year. As a result, imports attained the peak of $71M, and then dropped sharply in the following year.
Import of Insecticide in Ethiopia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 4.9 | 4.4 | 13.8 | 14.3 | 42.9% |
China | 5.6 | 5.3 | 17.7 | 10.2 | 22.1% |
Italy | 0.6 | 0.3 | 0.1 | 4.2 | 91.3% |
France | 3.0 | 4.2 | 15.6 | 3.6 | 6.3% |
Germany | 3.2 | 3.8 | 5.5 | 3.6 | 4.0% |
Netherlands | 0.2 | 1.7 | 0.4 | 0.4 | 26.0% |
Turkey | 0.1 | 0.1 | N/A | 0.2 | 26.0% |
Egypt | 0.7 | 0.9 | 2.9 | N/A | 103.5% |
Others | 4.9 | 10.8 | 15.3 | 5.9 | 6.4% |
Total | 23.2 | 31.5 | 71.4 | 42.5 | 22.4% |
Top Suppliers of Insecticide to Ethiopia in 2022:
- India (1686.9 tons)
- China (1258.2 tons)
- Italy (341.1 tons)
- Turkey (130.7 tons)
- France (118.0 tons)
- Germany (110.4 tons)
- Netherlands (104.3 tons)
Insecticide Exports in Ethiopia
In 2022, insecticide exports from Ethiopia soared to 1.7 tons, increasing by 55% compared with the previous year's figure. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 423%. As a result, the exports attained the peak of 2.9 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, insecticide exports soared to $25K in 2022. The total export value increased at an average annual rate of +12.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Insecticide in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Djibouti | N/A | N/A | N/A | 25.3 | 0% |
Cote d'Ivoire | 0.8 | N/A | N/A | N/A | 0% |
Kenya | 0.4 | 19.6 | 1.0 | N/A | 58.1% |
France | 16.9 | N/A | N/A | N/A | 0% |
Madagascar | N/A | N/A | 20.3 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 18.0 | 19.6 | 21.4 | 25.3 | 12.0% |
Top Export Markets for Insecticide from Ethiopia in 2022:
- Djibouti (1651.0 kg)
This report provides an in-depth analysis of the insecticide market in Ethiopia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20201130 - Insecticides based on chlorinated hydrocarbons, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201140 - Insecticides based on carbamates, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201150 - Insecticides based on organophosphorus products, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201160 - Insecticides based on pyrethroids, put up in forms or packings for retail sale or as preparations or articles
- Prodcom 20201190 - Other insecticides
- Prodcom 20201100 -
Country coverage:
- Ethiopia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ethiopia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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