Report Update Nov 1, 2024

Ethiopia - Animal and Pet Feed - Market Analysis, Forecast, Size, Trends and Insights

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Ethiopia: Animal Feed Market 2024

Animal Feed Market Size in Ethiopia

The Ethiopian animal feed market dropped to $X in 2022, shrinking by -6.2% against the previous year. Overall, consumption saw a perceptible contraction. Animal feed consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Animal Feed Production in Ethiopia

In value terms, animal feed production dropped to $X in 2022 estimated in export price. In general, production saw a pronounced downturn. The growth pace was the most rapid in 2013 when the production volume increased by 28% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Animal Feed Exports

Exports from Ethiopia

Animal feed exports from Ethiopia surged to X tons in 2022, jumping by 27% on the previous year. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2018 with an increase of 531% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, animal feed exports reduced modestly to $X in 2022. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2018 when exports increased by 426%. Over the period under review, the exports reached the peak figure at $X in 2021, and then shrank slightly in the following year.

Exports by Country

Canada (X tons) was the main destination for animal feed exports from Ethiopia, accounting for a 98% share of total exports. It was followed by the Netherlands (X tons), with a 1% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada amounted to +56.2%.

In value terms, Canada ($X) emerged as the key foreign market for animal and pet feed exports from Ethiopia, comprising 98% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 1.1% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Canada amounted to +31.7%.

Export Prices by Country

The average animal feed export price stood at $X per ton in 2022, which is down by -22.5% against the previous year. In general, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 115% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Canada totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+24.9%), while the prices for the other major destinations experienced a decline.

Animal Feed Imports

Imports into Ethiopia

In 2022, the amount of animal and pet feed imported into Ethiopia soared to X tons, picking up by 17% on 2021 figures. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 184%. Over the period under review, imports reached the maximum at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, animal feed imports reached $X in 2022. Over the period under review, imports saw a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 158% against the previous year. Over the period under review, imports reached the maximum at $X in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Turkey (X tons) were the main suppliers of animal feed imports to Ethiopia, with a combined 49% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +6,651.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of animal and pet feed to Ethiopia, comprising 29% of total imports. The second position in the ranking was taken by Belgium ($X), with a 13% share of total imports. It was followed by Turkey, with a 4.5% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands totaled +13.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+19.7% per year) and Turkey (+3,899.0% per year).

Import Prices by Country

In 2022, the average animal feed import price amounted to $X per ton, declining by -7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2021 an increase of 14%. Over the period under review, average import prices reached the maximum at $X per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+41.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the animal feed market in Ethiopia. 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:

Prodcom 10911010 - Premixtures for farm animal feeds
Prodcom 10911033 - Preparations used for farm animal feeding (excluding premixtures): pigs
Prodcom 10911035 - Preparations used for farm animal feeding (excluding premixtures): cattle
Prodcom 10911037 - Preparations used for farm animal feeding (excluding premixtures): poultry
Prodcom 10921060 - Preparations used for feeding pets (excluding preparations for cats or dogs, p.r.s.)

Country coverage:

Ethiopia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ethiopia
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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023