Ethiopia: Dairy Produce Market 2024

Dairy Produce Market Size in Ethiopia

The Ethiopian dairy produce market rose markedly to $X in 2022, growing by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Dairy Produce Production in Ethiopia

In value terms, dairy produce production stood at $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X%. Dairy produce production peaked at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Dairy Produce Exports

Exports from Ethiopia

In 2022, after two years of decline, there was growth in overseas shipments of dairy produce, when their volume increased by X% to X tons. In general, exports, however, saw a deep contraction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, dairy produce exports skyrocketed to $X in 2022. Over the period under review, exports, however, showed a abrupt curtailment. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Somalia (X tons) was the main destination for dairy produce exports from Ethiopia, accounting for a X% share of total exports. It was followed by the United States (X kg), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Somalia amounted to X%.

In value terms, Somalia ($X) remains the key foreign market for dairy produce exports from Ethiopia, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Somalia amounted to X%.

Export Prices by Country

The average dairy produce export price stood at $X per ton in 2022, jumping by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external 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 Somalia amounted to $X per ton.

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

Dairy Produce Imports

Imports into Ethiopia

In 2022, approx. X tons of dairy produce were imported into Ethiopia; with an increase of X% on 2021 figures. In general, imports showed a resilient expansion. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, dairy produce imports rose remarkably to $X in 2022. Over the period under review, imports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Denmark (X tons), the Netherlands (X tons) and New Zealand (X tons) were the main suppliers of dairy produce imports to Ethiopia, together comprising X% of total imports. Germany, Saudi Arabia, Egypt, Uganda, France, Belgium, Curacao, the United Arab Emirates and the UK lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Curacao (with a CAGR of X.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Denmark ($X) and Germany ($X) constituted the largest dairy produce suppliers to Ethiopia, together accounting for X% of total imports. New Zealand, Uganda, France, Belgium, Saudi Arabia, Curacao, Egypt, the United Arab Emirates and the UK lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Curacao, with a CAGR of X.3%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average dairy produce import price amounted to $X per ton, which is down by X% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 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 the Netherlands ($X per ton), while the price for Egypt ($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 UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform