Price for Cereal Flours; Other than of Wheat or Meslin in Ethiopia - 2022

Contents:

  1. Price for Cereal Flours; Other than of Wheat or Meslin in Ethiopia (CIF) - 2022
  2. Price for Cereal Flours; Other than of Wheat or Meslin in Ethiopia (FOB) - 2022
  3. Imports of Cereal Flours; Other than of Wheat or Meslin in Ethiopia
  4. Exports of Cereal Flours; Other than of Wheat or Meslin in Ethiopia

Price for Cereal Flours; Other than of Wheat or Meslin in Ethiopia (CIF) - 2022

The average import price for cereal flours; other than of wheat or meslin stood at $545 per ton in 2022, with a decrease of -5.8% against the previous year. In general, the import price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 44% against the previous year. The import price peaked at $1,438 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($2,101 per ton), while the price for the United Arab Emirates ($503 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cereal Flours; Other than of Wheat or Meslin in Ethiopia (FOB) - 2022

The average export price for cereal flours; other than of wheat or meslin stood at $1,438 per ton in 2022, dropping by -16.4% against the previous year. Overall, export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for cereal flours; other than of wheat or meslin increased by +64.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 57% against the previous year. As a result, the export price attained the peak level of $1,719 per ton, and then shrank remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($2,022 per ton), while the average price for exports to Sweden ($658 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 Israel (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cereal Flours; Other than of Wheat or Meslin in Ethiopia

For the third year in a row, Ethiopia recorded decline in overseas purchases of cereal flours; other than of wheat or meslin, which decreased by -55.5% to 1.4K tons in 2022. Over the period under review, imports showed a precipitous setback.

In value terms, imports of cereal flours; other than of wheat or meslin shrank sharply to $775K in 2022. Overall, imports showed a sharp slump. The smallest decline of -57.9% was in 2021.

Import of Cereal Flours; Other than of Wheat or Meslin in Ethiopia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates3.63.00.50.7-42.1%
FranceN/AN/AN/A0.10%
Denmark4.8N/AN/AN/A0%
China0.40.20.1N/A-50.0%
Italy0.41.2N/AN/A200.0%
Others1.30.11.3N/A0.0%
Total10.54.41.80.8-57.6%

Top Suppliers of Cereal Flours; Other than of Wheat or Meslin to Ethiopia in 2022:

  1. United Arab Emirates (1377.0 tons)
  2. France (32.0 tons)
  3. China (6.8 tons)
  4. Italy (3.8 tons)

Exports of Cereal Flours; Other than of Wheat or Meslin in Ethiopia

In 2022, overseas shipments of cereal flours; other than of wheat or meslin were finally on the rise to reach 285 tons after two years of decline. Overall, exports, however, showed a dramatic decline.

In value terms, exports of cereal flours; other than of wheat or meslin contracted to $409K in 2022. Over the period under review, exports, however, continue to indicate a abrupt contraction.

Export of Cereal Flours; Other than of Wheat or Meslin in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.763.5168215287.3%
United Kingdom11.74.762.558.671.1%
Netherlands0.64.324.739.0302.1%
Canada7.28.725.431.463.4%
Germany17.12.45.820.76.6%
SwedenN/A3.37.516.5123.6%
Israel49638937.36.0-77.0%
Others37.719.484.822.4-15.9%
Total574495416409-10.7%

Top Export Markets for Cereal Flours; Other than of Wheat or Meslin from Ethiopia in 2022:

  1. United States (126.0 tons)
  2. Canada (45.2 tons)
  3. United Kingdom (39.0 tons)
  4. Sweden (25.0 tons)
  5. Netherlands (19.3 tons)
  6. Germany (18.8 tons)
  7. Israel (3.0 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Cereal flours; other than of wheat or meslin - Ethiopia