Price for Vegetable Saps and Extracts; Opium in Ethiopia - 2022

Price for Vegetable Saps and Extracts; Opium in Ethiopia (FOB) - 2022

The average export price for vegetable saps and extracts; opia stood at $1,370 per ton in 2022, picking up by 12% against the previous year. Over the last two-year period, it increased at an average annual rate of +9.0%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Denmark.

From 2020 to 2022, the rate of growth in terms of prices for Denmark amounted to 0.0% per year.

Exports of Vegetable Saps and Extracts; Opium in Ethiopia

In 2022, approx. 138 kg of vegetable saps and extracts; opia were exported from Ethiopia; almost unchanged from 2021. Over the period under review, exports showed a precipitous slump. The smallest decline of 99.9% was in 2021.

In value terms, vegetable saps and extracts; opium exports amounted to $189 in 2022. In general, exports recorded a dramatic decline. The smallest decline of 99.9% was in 2021.