Ethiopia: Cereal Flour Market 2024

Cereal Flour Market Size in Ethiopia

The Ethiopian cereal flour market expanded remarkably to $X in 2022, growing by X% against the previous year. Over the period under review, consumption, however, showed a noticeable downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Cereal Flour Production in Ethiopia

In value terms, cereal flour production expanded remarkably to $X in 2022 estimated in export price. In general, production, however, showed a pronounced slump. The pace of growth appeared the most rapid in 2020 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Cereal Flour Exports

Exports from Ethiopia

In 2022, shipments abroad of cereal flours decreased by X% to X tons, falling for the second year in a row after four years of growth. Overall, exports, however, continue to indicate a buoyant increase. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, cereal flour exports fell dramatically to $X in 2022. Over the period under review, exports, however, posted notable growth. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Djibouti (X tons), the United States (X tons) and Canada (X tons) were the main destinations of cereal flour exports from Ethiopia, together accounting for X% of total exports. The UK, the Netherlands, Sweden, Germany and Israel lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for cereal flours exports from Ethiopia, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Canada (X% per year).

Export Prices by Country

In 2022, the average cereal flour export price amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price showed a deep reduction. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Djibouti ($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 Sudan (X%), while the prices for the other major destinations experienced more modest paces of growth.

Cereal Flour Imports

Imports into Ethiopia

In 2022, supplies from abroad of cereal flours was finally on the rise to reach X tons after three years of decline. Overall, imports saw a significant increase. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, cereal flour imports surged to $X in 2022. Over the period under review, imports continue to indicate a significant increase. Over the period under review, imports attained the maximum at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, India (X tons) constituted the largest cereal flour supplier to Ethiopia, with a X% share of total imports. Moreover, cereal flour imports from India exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Egypt (X% per year).

In value terms, India ($X) constituted the largest supplier of cereal flours to Ethiopia, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Egypt (X% per year).

Import Prices by Country

In 2022, the average cereal flour import price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the import price, however, recorded a abrupt slump. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform