Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Ethiopia - 2022
Contents:
- Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Ethiopia (CIF) - 2022
- Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Ethiopia (FOB) - 2022
- Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Ethiopia
- Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Ethiopia
Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Ethiopia (CIF) - 2022
The average import price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $3,256 per ton in 2022, with a decrease of -9.5% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 61%. The import price peaked at $4,503 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($12,941 per ton), while the price for India ($130 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+24.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Ethiopia (FOB) - 2022
The average export price for cereal grains; rolled or flaked, of cereals excluding barley and oatses stood at $2,023 per ton in 2022, declining by -24.9% against the previous year. In general, the export price, however, continues to indicate a strong expansion. The pace of growth was the most pronounced in 2016 when the average export price increased by 88%. The export price peaked at $3,826 per ton in 2020; however, from 2021 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 the United States ($8,136 per ton), while the average price for exports to Canada ($882 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 (+23.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Ethiopia
In 2022, the amount of cereal grains; rolled or flaked, of cereals excluding barley and oatses imported into Ethiopia skyrocketed to 2.7 tons, jumping by 46% compared with 2021. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 84%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of cereal grains; rolled or flaked, of cereals excluding barley and oatses skyrocketed to $8.7K in 2022. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,977 | 2,961 | 4,603 | 5,474 | 40.4% |
| Italy | N/A | N/A | N/A | 1,215 | 0% |
| China | 449 | 906 | 1,108 | 1,032 | 32.0% |
| United Kingdom | 93.0 | 166 | 308 | 436 | 67.4% |
| South Africa | 282 | 319 | 375 | 337 | 6.1% |
| United Arab Emirates | 127 | 168 | 231 | 242 | 24.0% |
| India | 5.0 | 6.0 | 7.0 | 6.0 | 6.3% |
| Germany | 546 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 3.0 | N/A | 0% |
| Total | 3,479 | 4,526 | 6,635 | 8,742 | 36.0% |
Top Suppliers of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats to Ethiopia in 2022:
- China (862.0 kg)
- Italy (532.0 kg)
- United Kingdom (445.0 kg)
- United States (423.0 kg)
- United Arab Emirates (331.0 kg)
- South Africa (46.0 kg)
- India (46.0 kg)
Exports of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Ethiopia
In 2022, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses from Ethiopia surged to 1.5 tons, increasing by 38% compared with the previous year's figure. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 3,424%. As a result, the exports attained the peak of 14 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of cereal grains; rolled or flaked, of cereals excluding barley and oatses rose modestly to $3.1K in 2022. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 6,254%. As a result, the exports reached the peak of $54K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 0.3 | 9.6 | 1.1 | 1.1 | 54.2% |
| United Kingdom | 0.2 | 10.7 | 0.2 | 0.9 | 65.1% |
| United States | 0.1 | 15.2 | 0.3 | 0.4 | 58.7% |
| Saudi Arabia | 0.1 | 2.4 | 0.1 | 0.1 | 0.0% |
| Australia | N/A | N/A | N/A | 0.1 | 0% |
| Israel | 0.1 | 3.8 | 0.1 | 0.1 | 0.0% |
| Netherlands | N/A | 0.8 | N/A | N/A | 0% |
| Kuwait | N/A | 6.3 | 0.7 | N/A | -88.9% |
| Others | 0.1 | 5.2 | 0.6 | 0.4 | 58.7% |
| Total | 0.8 | 53.9 | 3.0 | 3.1 | 57.1% |
Top Export Markets for Cereal Grains; Rolled or Flaked, of Cereals Excluding Barley and Oats from Ethiopia in 2022:
- Canada (1274.0 kg)
- United Kingdom (130.0 kg)
- United States (44.0 kg)
- Australia (35.0 kg)
- Saudi Arabia (16.0 kg)
- Israel (15.0 kg)
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