Ethiopia - Oranges - Market Analysis, Forecast, Size, Trends and Insights
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View PricingOrange Price in Ethiopia - 2022
Contents:
- Orange Price in Ethiopia (CIF) - 2022
- Orange Price in Ethiopia (FOB) - 2022
- Orange Imports in Ethiopia
- Orange Exports in Ethiopia
Orange Price in Ethiopia (CIF) - 2022
The average orange import price stood at $1,732 per ton in 2022, growing by 143% against the previous year. Overall, the import price posted a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($1,868 per ton), while the price for Egypt totaled $1,691 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Orange Price in Ethiopia (FOB) - 2022
The average orange export price stood at $346 per ton in 2022, dropping by -2.1% against the previous year. In general, the export price saw a perceptible downturn. The most prominent rate of growth was recorded in 2017 an increase of 4.3%. Over the period under review, the average export prices attained the peak figure at $473 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
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 Djibouti amounted to -2.6% per year.
Orange Imports in Ethiopia
In 2022, approx. 449 tons of oranges were imported into Ethiopia; rising by 20% on 2021. Over the period under review, imports continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 210%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, orange imports surged to $777K in 2022. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 225% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
Import of Orange in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Egypt | 76.9 | 52.0 | 180 | 583 | 96.4% |
South Africa | 28.6 | 19.3 | 8.5 | 194 | 89.3% |
United Arab Emirates | 6.9 | 3.0 | 14.6 | N/A | 45.5% |
Turkey | N/A | 5.1 | 47.0 | N/A | 821.6% |
Others | 2.5 | 2.7 | 16.8 | N/A | 159.2% |
Total | 115 | 82.2 | 267 | 777 | 89.0% |
Top Suppliers of Orange to Ethiopia in 2022:
- Egypt (344.8 tons)
- South Africa (104.0 tons)
Orange Exports in Ethiopia
In 2022, overseas shipments of oranges decreased by -56.7% to 764 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a dramatic decrease. The growth pace was the most rapid in 2020 when exports increased by 22%. As a result, the exports attained the peak of 2K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, orange exports shrank rapidly to $265K in 2022. Overall, exports saw a dramatic shrinkage. The growth pace was the most rapid in 2020 with an increase of 17%. As a result, the exports reached the peak of $791K. From 2021 to 2022, the growth of the exports remained at a lower figure.
Export of Orange in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Djibouti | 677 | 782 | 622 | 265 | -26.8% |
Others | 0.1 | 9.1 | 3.1 | N/A | 456.8% |
Total | 677 | 791 | 625 | 265 | -26.8% |
Top Export Markets for Orange from Ethiopia in 2022:
- Djibouti (764.4 tons)
This report provides an in-depth analysis of the orange 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:
- FCL 490 - Oranges
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
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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
- COUNTRIES WITH TOP YIELDS
- 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, HARVESTED AREA AND YIELD
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
- Yield 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
- Area Harvested, 2012–2023
- Yield, 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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Despite an expected global production growth in 2022, orange prices will moderately increase due to the rising cost of fertilizers, pesticides, energy and limited workforce. This year, the world’s orange output is forecast to rise by 3% y/y to 77M tons due primarily to expected favourable weather in Mexico, Brazil and Turkey.
In 2021, global orange production is expected to grow by 8% due to favorable weather and the expansion of planting areas. Strong harvests are forecasted in Brazil, Mexico, the EU, Egypt and South Africa, while production in the U.S. and Turkey will decline. The U.S., South Africa, and Egypt will remain top orange exporters. By the end of 2021, orange processing in China will decrease against the previous year's level due to lockdowns as a result of Covid outbreaks, while Brazil and Mexico will increase local produce processing, strengthening their position in the global juice market.
Global orange consumption amounted to X thousand tons in 2015, coming up by +X% against the previous year level.
Global orange exports amounted to X thousand tons in 2015, reducing by -X% against the previous year level.
In 2015, the countries with the highest levels of orange production were Brazil (X thousand tons), India (X thousand tons), China (X thousand tons), together accounting for X% of total output.
The global orange market is in crisis, with the average annual growth rates over the last X years at -X%. As a result, market volume decreased to X million tons in 2015. One of the main reasons is the "citrus greenin
Despite some less than stellar 2014 export numbers, Spain continued to lead the way in the global orange trade. In 2014, Spain exported X thousand tons of oranges totaling X million USD, X% under the previous year. Its primary trading partne
Global citrus fruit consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
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