Ethiopia: Canned Vegetable Market 2024

Canned Vegetable Market Size in Ethiopia

For the fourth consecutive year, the Ethiopian canned vegetable market recorded growth in sales value, which increased by 0.7% to $X in 2022. Over the period under review, consumption posted a buoyant increase. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Canned Vegetable Production in Ethiopia

In value terms, canned vegetable production declined slightly to $X in 2022 estimated in export price. In general, production continues to indicate buoyant growth. The pace of growth was the most pronounced in 2015 when the production volume increased by 96% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Canned Vegetable Exports

Exports from Ethiopia

For the fifth year in a row, Ethiopia recorded growth in shipments abroad of canned vegetables, which increased by 58% to X tons in 2022. In general, exports recorded a relatively flat trend pattern. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, canned vegetable exports surged to $X in 2022. Over the period under review, exports enjoyed a prominent expansion. The growth pace was the most rapid in 2016 when exports increased by 63% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in years to come.

Exports by Country

Spain (X tons) was the main destination for canned vegetable exports from Ethiopia, accounting for a 73% share of total exports. Moreover, canned vegetable exports to Spain exceeded the volume sent to the second major destination, the Netherlands (X tons), sixfold. Germany (X tons) ranked third in terms of total exports with a 7.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain stood at +24.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+41.8% per year) and Germany (+99.0% per year).

In value terms, Spain ($X) remains the key foreign market for canned vegetables exports from Ethiopia, comprising 76% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 15% share of total exports. It was followed by Germany, with a 3.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain totaled +17.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+47.3% per year) and Germany (+47.9% per year).

Export Prices by Country

The average canned vegetable export price stood at $X per ton in 2022, waning by -16.6% against the previous year. Overall, the export price, however, posted prominent growth. The most prominent rate of growth was recorded in 2015 an increase of 88% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 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 Israel ($X per ton), while the average price for exports to Germany ($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 Poland (+44.2%), while the prices for the other major destinations experienced more modest paces of growth.

Canned Vegetable Imports

Imports into Ethiopia

In 2022, supplies from abroad of canned vegetables increased by 14% to X tons, rising for the fourth consecutive year after three years of decline. Overall, imports recorded buoyant growth. The pace of growth appeared the most rapid in 2019 when imports increased by 107%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, canned vegetable imports rose notably to $X in 2022. In general, imports enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 80% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of canned vegetable to Ethiopia, with a 67% share of total imports. Moreover, canned vegetable imports from Turkey exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), sevenfold. The third position in this ranking was taken by Spain (X tons), with a 6.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey amounted to +54.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+23.0% per year) and Spain (+15.8% per year).

In value terms, Turkey ($X) constituted the largest supplier of canned vegetables to Ethiopia, comprising 80% of total imports. The second position in the ranking was taken by Spain ($X), with a 5.2% share of total imports. It was followed by the United Arab Emirates, with a 4.1% share.

From 2012 to 2022, the average annual growth rate of value from Turkey amounted to +56.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+4.8% per year) and the United Arab Emirates (+9.9% per year).

Import Prices by Country

The average canned vegetable import price stood at $X per ton in 2022, which is down by -5.1% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 25%. The import price peaked at $X per ton in 2016; however, from 2017 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 United States ($X per ton), while the price for China ($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 United States (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform