Non-Liquid Margarine Price in Ethiopia - 2022
Contents:
Non-Liquid Margarine Price in Ethiopia (CIF) - 2022
The average non-liquid margarine import price stood at $1,075 per ton in 2022, reducing by -3.8% against the previous year. Over the period under review, the import price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 16%. Over the period under review, average import prices reached the maximum at $1,926 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 the United Arab Emirates ($2,392 per ton), while the price for Indonesia amounted to $500 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Liquid Margarine Imports in Ethiopia
In 2022, overseas purchases of non-liquid margarine were finally on the rise to reach 922 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a abrupt shrinkage.
In value terms, non-liquid margarine imports rose sharply to $991K in 2022. Overall, imports, however, saw a abrupt decline.
| Import of Non-Liquid Margarine in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 2.1 | 12.6 | 11.5 | 1.8 | -5.0% |
| Yemen | 188 | 187 | 136 | N/A | -14.9% |
| Malaysia | 537 | 400 | 188 | N/A | -40.8% |
| Indonesia | 121 | 212 | 317 | N/A | 61.9% |
| Egypt | 128 | 127 | 159 | N/A | 11.5% |
| Singapore | 80.1 | N/A | N/A | N/A | 0% |
| Netherlands | 57.5 | 30.4 | 22.7 | N/A | -37.2% |
| Others | 79.1 | 89.3 | 89.8 | 989 | 132.1% |
| Total | 1,193 | 1,058 | 923 | 991 | -6.0% |
Top Suppliers of Non-Liquid Margarine to Ethiopia in 2022:
- United Arab Emirates (0.7 tons)
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