Onion Price in Ethiopia - 2022
Contents:
- Onion Price in Ethiopia (FOB) - 2022
- Onion Price in Ethiopia (CIF) - 2022
- Onion Exports in Ethiopia
- Onion Imports in Ethiopia
Onion Price in Ethiopia (FOB) - 2022
The average onion export price stood at $195 per ton in 2022, increasing by 16% against the previous year. Overall, the export price, however, saw a mild reduction. Over the period under review, the average export prices reached the peak figure at $214 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Somalia ($253 per ton), while the average price for exports to Kenya ($46 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Djibouti (+0.2%), while the prices for the other major destinations experienced a decline.
Onion Price in Ethiopia (CIF) - 2022
The average onion import price stood at $184 per ton in 2022, dropping by -10.6% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 84%. As a result, import price attained the peak level of $368 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Sudan.
From 2012 to 2022, the rate of growth in terms of prices for Sudan amounted to -0.7% per year.
Onion Exports in Ethiopia
In 2022, after three years of growth, there was significant decline in shipments abroad of onions (dry), when their volume decreased by -63.4% to 7K tons. Overall, exports faced a sharp decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 17%.
In value terms, onion exports contracted markedly to $1.4M in 2022. Over the period under review, exports showed a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. As a result, the exports attained the peak of $3.3M, and then fell significantly in the following year.
| Export of Onion in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Djibouti | 2,420 | 2,018 | 2,558 | 1,366 | -17.4% |
| Somalia | 583 | 574 | 608 | 55.8 | -54.3% |
| Kenya | 0.8 | 320 | 156 | 18.7 | 185.9% |
| Others | N/A | 0.2 | 3.1 | N/A | 1450.0% |
| Total | 3,004 | 2,912 | 3,326 | 1,441 | -21.7% |
Top Export Markets for Onion from Ethiopia in 2022:
- Djibouti (6.3K tons)
- Kenya (0.4K tons)
- Somalia (0.2K tons)
Onion Imports in Ethiopia
In 2022, overseas purchases of onions (dry) were finally on the rise to reach 7.1K tons after two years of decline. Over the period under review, imports, however, showed a sharp decrease.
In value terms, onion imports reduced to $1.3M in 2022. In general, imports, however, continue to indicate a precipitous curtailment.
| Import of Onion in Ethiopia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sudan | 18.7 | 9.8 | 1.4 | 1.3 | -58.9% |
| Others | N/A | 0.3 | N/A | N/A | 0% |
| Total | 18.7 | 10.0 | 1.5 | 1.3 | -58.9% |
Top Suppliers of Onion to Ethiopia in 2022:
- Sudan (7.1K tons)
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