Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Ethiopia - 2022
Contents:
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Ethiopia (CIF) - 2022
- Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Ethiopia (FOB) - 2022
- Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Ethiopia
- Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Ethiopia
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Ethiopia (CIF) - 2022
The average import price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $925 per ton in 2022, surging by 97% against the previous year. Overall, the import price, however, showed a mild slump. Over the period under review, average import prices attained the peak figure at $1,193 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Argentina.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -4.8% per year.
Price for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Ethiopia (FOB) - 2022
The average export price for cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) stood at $3,566 per ton in 2022, growing by 16% against the previous year. In general, the export price showed a significant increase. The growth pace was the most rapid in 2018 an increase of 180% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($3,820 per ton), while the average price for exports to the United States amounted to $3,547 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (+19.1%).
Imports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Ethiopia
In 2022, after two years of decline, there was significant growth in overseas purchases of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn), when their volume increased by 58% to 249 tons. Over the period under review, imports, however, recorded a deep setback.
In value terms, imports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) soared to $231K in 2022. In general, imports, however, faced a deep slump.
| Import of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | N/A | N/A | N/A | 231 | 0% |
| United States | 328 | 69.3 | 50.9 | N/A | -60.6% |
| United Arab Emirates | 67.6 | 20.6 | 21.7 | N/A | -43.3% |
| Egypt | N/A | 8.5 | N/A | N/A | 0% |
| Others | 4.8 | 1.2 | 1.2 | 0.1 | -72.5% |
| Total | 400 | 99.5 | 73.8 | 231 | -16.7% |
Top Suppliers of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) to Ethiopia in 2022:
- Argentina (249.3 tons)
Exports of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Ethiopia
In 2022, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) from Ethiopia soared to 1.4 tons, with an increase of 604% compared with 2021. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of cereal grains; worked (eg hulled, pearled, sliced or kibbled) of maize (corn) surged to $5K in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 123 | 197 | 372 | 4,611 | 234.7% |
| Canada | 162 | 196 | 195 | 382 | 33.1% |
| Others | 30.0 | N/A | 47.0 | N/A | 25.2% |
| Total | 315 | 393 | 614 | 4,993 | 151.2% |
Top Export Markets for Cereal Grains; Worked (Eg Hulled, Pearled, Sliced or Kibbled) of Maize (Corn) from Ethiopia in 2022:
- United States (1300.0 kg)
- Canada (100.0 kg)
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