Ethiopia: Coconut Market 2025

Coconut Market Size in Ethiopia

In 2022, the Ethiopian coconut market increased by 251% to $X, rising for the second year in a row after two years of decline. In general, consumption showed a strong expansion. Coconut consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Coconut Production in Ethiopia

In value terms, coconut production totaled less than $X in 2022 estimated in export price. Overall, production enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 when the production volume decreased by 99.9%. Coconut production peaked at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

The average yield of coconuts in Ethiopia was estimated at less than X kg per ha in 2022, flattening at the year before. Over the period under review, the yield recorded a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. less than X ha of coconuts were harvested in Ethiopia; stabilizing at 2021 figures. Overall, the harvested area continues to indicate a relatively flat trend pattern.

Coconut Exports

Exports from Ethiopia

Coconut exports from Ethiopia totaled X kg in 2021, remaining relatively unchanged against 2020. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 34%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, coconut exports amounted to $X in 2021. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 21%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Djibouti (X kg) was the main destination for coconut exports from Ethiopia, accounting for a approx. 100% share of total exports.

From 2014 to 2021, the average annual rate of growth in terms of volume to Djibouti was relatively modest.

From 2014 to 2021, the average annual growth rate of value to Djibouti was relatively modest.

Export Prices by Country

In 2021, the average coconut export price amounted to $X per ton, approximately reflecting the previous year. Overall, the export price saw a abrupt slump. The pace of growth was the most pronounced in 2016 when the average export price decreased by -9.8%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Djibouti.

From 2014 to 2021, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Coconut Imports

Imports into Ethiopia

In 2022, imports of coconuts into Ethiopia shrank markedly to X kg, with a decrease of -82.9% on 2021. In general, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2017 when imports increased by 2,618%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, coconut imports contracted markedly to $X in 2022. Overall, imports showed a abrupt decrease. The pace of growth appeared the most rapid in 2017 when imports increased by 2,208% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

Thailand (X kg), India (X kg) and China (X kg) were the main suppliers of coconut imports to Ethiopia, together accounting for 96% of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +19.6%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Thailand ($X), India ($X) and Sri Lanka ($X) constituted the largest coconut suppliers to Ethiopia, with a combined 90% share of total imports. Turkey and China lagged somewhat behind, together accounting for a further 9.8%.

In terms of the main suppliers, China, with a CAGR of +3.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average coconut import price amounted to $X per ton, falling by -30.6% against the previous year. Overall, the import price recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 100% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+24.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform