Ethiopia - Peaches And Nectarines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPeach and Nectarine Price in Ethiopia - 2022
Contents:
- Peach and Nectarine Price in Ethiopia (CIF) - 2022
- Peach and Nectarine Price in Ethiopia (FOB) - 2022
- Peach and Nectarine Imports in Ethiopia
- Peach and Nectarine Exports in Ethiopia
Peach and Nectarine Price in Ethiopia (CIF) - 2022
In 2022, the average peach and nectarine import price amounted to $2,585 per ton, with an increase of 8.7% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, peach and nectarine import price increased by +55.9% against 2019 indices. The pace of growth was the most pronounced in 2014 when the average import price increased by 41%. The import price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for South Africa.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +14.9% per year.
Peach and Nectarine Price in Ethiopia (FOB) - 2022
In 2022, the average peach and nectarine export price amounted to $3,029 per ton, growing by 374% against the previous year. In general, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 992% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Ireland ($3,622 per ton), while the average price for exports to Djibouti stood at $714 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Djibouti (+15.8%).
Peach and Nectarine Imports in Ethiopia
In 2022, purchases abroad of peaches and nectarines decreased by -83.2% to 1.2 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a dramatic curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 34% against the previous year. As a result, imports attained the peak of 9.1 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, peach and nectarine imports declined notably to $3K in 2022. Over the period under review, imports showed a significant decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 88% against the previous year. As a result, imports reached the peak of $21K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Peach and Nectarine in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | 0.1 | 0.1 | N/A | 3.0 | 210.7% |
Tunisia | 10.9 | 20.3 | 15.8 | N/A | 20.4% |
Others | 0.3 | 0.8 | 0.7 | N/A | 52.8% |
Total | 11.2 | 21.2 | 16.6 | 3.0 | -35.5% |
Top Suppliers of Peach and Nectarine to Ethiopia in 2022:
- South Africa (1.2 tons)
Peach and Nectarine Exports in Ethiopia
In 2022, peach and nectarine exports from Ethiopia contracted dramatically to 103 kg, falling by -89.5% against the previous year. Overall, exports faced a precipitous setback.
In value terms, peach and nectarine exports contracted significantly to $312 in 2022. Over the period under review, exports faced a sharp contraction.
Export of Peach and Nectarine in Ethiopia (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
Ireland | N/A | 297 | 0% | ||
Djibouti | 625 | 15.0 | -97.6% | ||
Others | N/A | N/A | 0% | ||
Total | 625 | 312 | -50.1% |
Top Export Markets for Peach and Nectarine from Ethiopia in 2022:
- Ireland (82.0 kg)
- Djibouti (21.0 kg)
This report provides an in-depth analysis of the peach and nectarine 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 534 - Peaches and nectarines
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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Global demand for peaches and nectarines is on the rise, with market consumption expected to increase over the next seven years. The market volume is projected to reach 31M tons by 2030, with a market value of $49.9B. China leads in consumption and production of peaches and nectarines, while Spain is the key exporter.
Global peach and nectarine consumption amounted to X thousand tons in 2015, leveling off at the previous year level.
Global peach and nectarine exports amounted to X thousand tons in 2015, surging by +X% against the previous year level.
Global peach and nectarine imports amounted to X thousand tons in 2015, rising by +X% against the previous year level.
In 2015, the country with the largest volume of the peach and nectarine output was China (X thousand tons), accounting for X% of global production.
Spain continued its dominance in the global peach and nectarine trade. In 2014, Spain exported X thousand tons of peaches and nectarines totaling X million USD, X% under the previous year. Its primary trading partner was Germany, where it supplie
The global apricot market is expected to experience a steady increase in consumption over the next seven years, with market volume projected to reach 4.4M tons and market value expected to reach $6.8B by 2030.
Spain and Italy remain the leading apricot suppliers worldwide, strongly increasing their exports during the past decade.
The global apricot market revenue amounted to $5.9B in 2018, surging by 2.8% against the previous year. This figure...
France continued its dominance in the global apricot trade. In 2014, France exported X thousand tons of apricot totaling X million USD, X% over the previous year. Its primary trading partner was Germany, where it supplied X% of its total apricot