Price for Flour, Meal, and Flakes of Potatoes in Ethiopia - 2022

Contents:

1. Price for Flour, Meal, and Flakes of Potatoes in Ethiopia (CIF) - 2022
2. Price for Flour, Meal, and Flakes of Potatoes in Ethiopia (FOB) - 2022
3. Imports of Flour, Meal, and Flakes of Potatoes in Ethiopia
4. Exports of Flour, Meal, and Flakes of Potatoes in Ethiopia

Price for Flour, Meal, and Flakes of Potatoes in Ethiopia (CIF) - 2022

The average import price for flour, meal, and flakes of potatoeses stood at $1,805 per ton in 2022, rising by 38% against the previous year. In general, the import price, however, saw a pronounced shrinkage. Over the period under review, average import prices hit record highs at $2,789 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 Netherlands ($1,848 per ton), while the price for China ($968 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+64.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Flour, Meal, and Flakes of Potatoes in Ethiopia (FOB) - 2022

In 2022, the average export price for flour, meal, and flakes of potatoeses amounted to $4,025 per ton, jumping by 59% against the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% 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 flour, meal, and flakes of potatoeses increased by +86.6% against 2018 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($6,239 per ton), while the average price for exports to Canada ($2,840 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 the United States (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Flour, Meal, and Flakes of Potatoes in Ethiopia

In 2022, approx. 42 tons of flour, meal, and flakes of potatoeses were imported into Ethiopia; increasing by 2,668% compared with 2021. Overall, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of flour, meal, and flakes of potatoeses soared to $76K in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Flour, Meal, and Flakes of Potatoes to Ethiopia in 2022:

1. Netherlands (40.0 tons)
2. China (2.0 tons)

Exports of Flour, Meal, and Flakes of Potatoes in Ethiopia

In 2022, approx. 4.9 tons of flour, meal, and flakes of potatoeses were exported from Ethiopia; rising by 440% compared with 2021 figures. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of flour, meal, and flakes of potatoeses skyrocketed to $20K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Flour, Meal, and Flakes of Potatoes from Ethiopia in 2022:

1. United States (2420.0 kg)
2. Germany (1390.0 kg)
3. Canada (945.0 kg)
4. Switzerland (88.0 kg)

Source: IndexBox Market Intelligence Platform