Ethiopia: Barley Market 2024

Barley Market Size in Ethiopia

The Ethiopian barley market fell modestly to $X in 2022, with a decrease of -2.5% against the previous year. Over the period under review, consumption recorded a perceptible descent. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Barley Production in Ethiopia

In value terms, barley production reduced to $X in 2022 estimated in export price. Overall, production saw a abrupt decrease. The pace of growth was the most pronounced in 2015 with an increase of 63% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

The average yield of barley in Ethiopia stood at X tons per ha in 2022, therefore, remained relatively stable against 2021 figures. Overall, the yield indicated a measured increase from 2012 to 2022: its figure increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, barley yield decreased by -1.5% against 2020 indices. The growth pace was the most rapid in 2019 with an increase of 14% against the previous year. The barley yield peaked at X tons per ha in 2020; afterwards, it flattened through to 2022. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the total area harvested in terms of barley production in Ethiopia dropped slightly to X ha, waning by -3.3% against 2021. In general, the harvested area saw a noticeable curtailment. The pace of growth was the most pronounced in 2019 when the harvested area increased by 19% against the previous year. Over the period under review, the harvested area dedicated to barley production reached the peak figure at X ha in 2013; however, from 2014 to 2022, the harvested area failed to regain momentum.

Barley Exports

Exports from Ethiopia

Barley exports from Ethiopia surged to X tons in 2022, jumping by 37% against the previous year. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 596%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, barley exports fell dramatically to $X in 2022. In general, exports enjoyed strong growth. The growth pace was the most rapid in 2015 with an increase of 307%. Over the period under review, the exports hit record highs at $X in 2021, and then plummeted in the following year.

Exports by Country

Canada (X tons) was the main destination for barley exports from Ethiopia, accounting for a 89% share of total exports. Moreover, barley exports to Canada exceeded the volume sent to the second major destination, Israel (X tons), more than tenfold. The UK (X tons) ranked third in terms of total exports with a 1.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada amounted to +113.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Israel (+4.9% per year) and the UK (+2.9% per year).

In value terms, Canada ($X) emerged as the key foreign market for barley exports from Ethiopia, comprising 59% of total exports. The second position in the ranking was taken by the UK ($X), with an 11% share of total exports. It was followed by Israel, with a 4.8% share.

From 2012 to 2022, the average annual growth rate of value to Canada amounted to +113.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+1.4% per year) and Israel (-2.0% per year).

Export Prices by Country

In 2022, the average barley export price amounted to $X per ton, waning by -38.3% against the previous year. Overall, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2021 an increase of 87%. Over the period under review, the average export prices reached the maximum at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Canada ($X 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 South Africa (+1.7%), while the prices for the other major destinations experienced mixed trend patterns.

Barley Imports

Imports into Ethiopia

In 2022, after two years of decline, there was significant growth in supplies from abroad of barley, when their volume increased by 36% to X tons. In general, imports, however, continue to indicate a slight reduction. The pace of growth was the most pronounced in 2019 with an increase of 54%. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, barley imports surged to $X in 2022. Overall, imports, however, continue to indicate a pronounced shrinkage. The growth pace was the most rapid in 2019 with an increase of 80%. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Belgium (X tons), France (X tons) and Denmark (X tons) were the main suppliers of barley imports to Ethiopia, with a combined 99% 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 France (with a CAGR of +147.0%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest barley suppliers to Ethiopia were Belgium ($X), France ($X) and Denmark ($X), together comprising 99% of total imports.

France, with a CAGR of +120.2%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average barley import price amounted to $X per ton, shrinking by -4.6% against the previous year. Over the period under review, the import price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 an increase of 23% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 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 France ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (-5.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform