Price for Frozen Cuts and Edible Offal of Domestic Ducks in Ethiopia - 2022
Contents:
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Ethiopia (CIF) - 2022
- Price for Frozen Cuts and Edible Offal of Domestic Ducks in Ethiopia (FOB) - 2022
- Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Ethiopia
- Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Ethiopia
Price for Frozen Cuts and Edible Offal of Domestic Ducks in Ethiopia (CIF) - 2022
In 2022, the average import price for frozen cuts and edible offal of domestic duckses amounted to $5,533 per ton, with a decrease of -10.8% against the previous year. Over the period under review, the import price recorded a mild downturn. The growth pace was the most rapid in 2019 when the average import price increased by 82%. The import price peaked at $16,574 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($8,455 per ton), while the price for Brazil ($2,479 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+23.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Frozen Cuts and Edible Offal of Domestic Ducks in Ethiopia (FOB) - 2022
The average export price for frozen cuts and edible offal of domestic duckses stood at $904 per ton in 2021, falling by -8.4% against the previous year. Overall, the export price showed a abrupt setback. The pace of growth appeared the most rapid in 2016 an increase of 66% against the previous year. As a result, the export price reached the peak level of $2,513 per ton. From 2017 to 2021, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Hong Kong SAR.
From 2015 to 2021, the rate of growth in terms of prices for Hong Kong SAR amounted to -8.3% per year.
Imports of Frozen Cuts and Edible Offal of Domestic Ducks in Ethiopia
In 2022, imports of frozen cuts and edible offal of domestic duckses into Ethiopia soared to 3 tons, with an increase of 59,760% on the previous year. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of frozen cuts and edible offal of domestic duckses surged to $17K in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Frozen Cuts and Edible Offal of Domestic Ducks in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | N/A | 0.1 | N/A | 11.0 | 948.8% |
China | N/A | 1.8 | N/A | 2.8 | 24.7% |
Brazil | N/A | N/A | N/A | 2.7 | 0% |
Others | 0.5 | 0.1 | N/A | N/A | -80.0% |
Total | 0.5 | 2.1 | N/A | 16.6 | 221.4% |
Top Suppliers of Frozen Cuts and Edible Offal of Domestic Ducks to Ethiopia in 2022:
- South Africa (1305.0 kg)
- Brazil (1090.0 kg)
- China (598.0 kg)
Exports of Frozen Cuts and Edible Offal of Domestic Ducks in Ethiopia
In 2021, shipments abroad of frozen cuts and edible offal of domestic duckses decreased by -54.7% to 25 tons for the first time since 2018, thus ending a two-year rising trend. Over the period under review, exports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,923% against the previous year. As a result, the exports reached the peak of 54 tons, and then contracted significantly in the following year.
In value terms, exports of frozen cuts and edible offal of domestic duckses shrank markedly to $22K in 2021. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 2,880% against the previous year. As a result, the exports attained the peak of $54K, and then declined significantly in the following year.
Export of Frozen Cuts and Edible Offal of Domestic Ducks in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
Hong Kong SAR | N/A | 53.7 | 22.3 | -58.5% | |
Egypt | 1.7 | N/A | N/A | 0% | |
Others | 0.1 | N/A | N/A | 0% | |
Total | 1.8 | 53.7 | 22.3 | 252.0% |
Top Export Markets for Frozen Cuts and Edible Offal of Domestic Ducks from Ethiopia in 2022:
- Hong Kong SAR (24.6 tons)
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