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Eritrea - Wheat - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEritrea: Wheat Market 2020
Wheat Market Size in Eritrea
The revenue of the wheat market in Eritrea amounted to $X in 2018, rising by X% against the previous year. Overall, wheat consumption, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2011 when the market value increased by X% against the previous year. In that year, the wheat market attained its peak level of $X. From 2012 to 2018, the growth of the wheat market remained at a lower figure.
Wheat Production in Eritrea
In value terms, wheat production amounted to $X in 2018 estimated in export prices. Over the period under review, wheat production continues to indicate a moderate shrinkage. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Over the period under review, wheat production reached its peak figure level at $X in 2012; however, from 2013 to 2018, production failed to regain its momentum.
Average yield of wheat in Eritrea stood at X ton per ha in 2018, going up by X% against the previous year. The yield figure increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2009 with an increase of X% against the previous year. Over the period under review, the wheat yield reached its peak figure level at X ton per ha in 2012; however, from 2013 to 2018, yield failed to regain its momentum. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
In 2018, the wheat harvested area in Eritrea stood at X ha, reducing by -X% against the previous year. In general, the wheat harvested area continues to indicate a mild decline. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. The global wheat harvested area peaked at X ha in 2007; however, from 2008 to 2018, harvested area stood at a somewhat lower figure.
Wheat Exports
Exports by Country
In 2018, Australia (X tons), Canada (X tons), the U.S. (X tons), France (X tons), Russia (X tons), Argentina (X tons) and Ukraine (X tons) represented the largest exporters of wheat in the world, making up X% of total export. Germany (X tons), Kazakhstan (X tons), Romania (X tons), Bulgaria (X tons) and Hungary (X tons) followed a long way behind the leaders.
From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Ukraine, while the other leaders experienced more modest paces of growth.
In value terms, the U.S. ($X), Canada ($X) and Russia ($X) constituted the countries with the highest levels of exports in 2018, together accounting for X% of total exports. These countries were followed by Australia, France, Ukraine, Argentina, Germany, Romania, Kazakhstan, Bulgaria and Hungary, which together accounted for a further X experienced the highest rates of growth with regard to exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.
Export Prices by Country
The wheat export price in Eritrea stood at $X per ton in 2018, approximately mirroring the previous year. Overall, the wheat export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for wheat attained their maximum at $X per ton in 2010; however, from 2011 to 2018, export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while Argentina ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the U.S., while the other leaders experienced more modest paces of growth.
Wheat Imports
Imports into Eritrea
In 2018, the imports of wheat into Eritrea stood at X tons, jumping by X% against the previous year. Over the period under review, wheat imports, however, continue to indicate a drastic deduction. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. In that year, wheat imports reached their peak of X tons. From 2012 to 2018, the growth of wheat imports remained at a lower figure.
In value terms, wheat imports totaled $X in 2018. Over the period under review, wheat imports, however, continue to indicate an abrupt deduction. The pace of growth appeared the most rapid in 2011 when imports increased by X% y-o-y. In that year, wheat imports reached their peak of $X. From 2012 to 2018, the growth of wheat imports remained at a somewhat lower figure.
Imports by Country
The countries with the highest levels of wheat imports in 2018 were Indonesia (X tons), Egypt (X tons), Algeria (X tons), Bangladesh (X tons), Japan (X tons), Italy (X tons), the Philippines (X tons), Brazil (X tons), India (X tons), Spain (X tons), Turkey (X tons) and the Netherlands (X tons), together reaching X% of total import.
From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India, while the other leaders experienced more modest paces of growth.
In value terms, Indonesia ($X), Egypt ($X) and Algeria ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by Italy, the Philippines, Japan, Brazil, India, Bangladesh, Turkey, Spain, the Netherlands and Eritrea, which together accounted for a further X terms of the main importing countries, India experienced the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2018, the wheat import price in Eritrea amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the wheat import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010 when the import price increased by X% against the previous year. Eritrea import price peaked at $X per ton in 2012; however, from 2013 to 2018, import prices remained at a lower figure.
Average prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following prices: in the Philippines ($X per ton) and Italy ($X per ton), while Bangladesh ($X per ton) and Indonesia ($X per ton) were amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Brazil, while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the wheat market in Eritrea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 15 - Wheat
Country coverage:
- Eritrea
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Eritrea
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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