Ethiopia - Poultry - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPoultry Price in Ethiopia - 2022
Contents:
- Poultry Price in Ethiopia (CIF) - 2022
- Poultry Price in Ethiopia (FOB) - 2022
- Poultry Imports in Ethiopia
- Poultry Exports in Ethiopia
Poultry Price in Ethiopia (CIF) - 2022
In 2022, the average poultry import price amounted to $1,550 per ton, with a decrease of -33.3% against the previous year. In general, the import price showed a deep reduction. The growth pace was the most rapid in 2016 an increase of 27%. Over the period under review, average import prices hit record highs at $4,005 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($4,031 per ton), while the price for Ukraine ($1,115 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.2%), while the prices for the other major suppliers experienced a decline.
Poultry Price in Ethiopia (FOB) - 2022
In 2021, the average poultry export price amounted to $1,005 per ton, growing by 1.9% against the previous year. Over the period under review, the export price, however, showed a dramatic contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by 87% against the previous year. The export price peaked at $7,480 per ton in 2012; however, from 2013 to 2021, 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 Hong Kong SAR.
From 2012 to 2021, the rate of growth in terms of prices for Hong Kong SAR amounted to +1.9% per year.
Poultry Imports in Ethiopia
Poultry imports into Ethiopia shrank significantly to 247 tons in 2022, reducing by -58% compared with 2021. In general, imports faced a dramatic downturn. The growth pace was the most rapid in 2021 when imports increased by 40% against the previous year.
In value terms, poultry imports contracted rapidly to $383K in 2022. Overall, imports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year.
| Import of Poultry in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 164 | 72.6 | 102 | 200 | 6.8% |
| Ukraine | 126 | 33.0 | 78.8 | 77.9 | -14.8% |
| South Africa | 72.7 | 70.3 | 95.7 | 47.4 | -13.3% |
| France | 90.5 | 48.3 | 32.5 | 39.2 | -24.3% |
| United Arab Emirates | 1,398 | 591 | 811 | 4.2 | -85.6% |
| Belize | N/A | 61.5 | 62.0 | N/A | 0.8% |
| Saudi Arabia | 41.5 | 43.0 | 64.4 | N/A | 24.6% |
| Others | 97.9 | 64.3 | 121 | 14.2 | -47.5% |
| Total | 1,991 | 984 | 1,367 | 383 | -42.3% |
Top Suppliers of Poultry to Ethiopia in 2022:
- Brazil (125.6 tons)
- Ukraine (69.9 tons)
- France (32.4 tons)
- South Africa (13.4 tons)
- United Arab Emirates (1.1 tons)
Poultry Exports in Ethiopia
In 2021, overseas shipments of poultry decreased by -31.2% to 37 tons for the first time since 2018, thus ending a two-year rising trend. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 2,923% against the previous year. As a result, the exports attained the peak of 54 tons, and then fell notably in the following year.
In value terms, poultry exports contracted remarkably to $38K in 2021. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 2,880% against the previous year. As a result, the exports reached the peak of $54K, and then plummeted in the following year.
| Export of Poultry in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Hong Kong SAR | N/A | 53.7 | 37.6 | -30.0% | |
| Egypt | 1.7 | N/A | N/A | 0% | |
| Others | 0.1 | N/A | N/A | 0% | |
| Total | 1.8 | 53.7 | 37.6 | 357.0% | |
Top Export Markets for Poultry from Ethiopia in 2022:
- Hong Kong SAR (37.4 tons)
This report provides an in-depth analysis of the poultry 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 1058 - Chicken meat
- FCL 1059 - Offals and liver of chickens
- FCL 1069 - Duck meat
- FCL 1073 - Goose meat
- FCL 1074 - Offals and liver of geese
- FCL 1075 - Offals and liver of ducks
- FCL 1080 - Turkey meat
- FCL 1081 - Offals and liver of turkey
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
- 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, PRODUCING ANIMALS 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
- Producing Animals Slaughtered, 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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