Ethiopia: Groundnuts Market 2025

Groundnuts Market Size in Ethiopia

The Ethiopian groundnuts market expanded to $X in 2022, increasing by 3.3% against the previous year. Overall, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.1% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Groundnuts Production in Ethiopia

In value terms, groundnuts production rose rapidly to $X in 2022 estimated in export price. Over the period under review, production, however, saw strong growth. The most prominent rate of growth was recorded in 2015 with an increase of 56% against the previous year. Groundnuts production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

In 2022, the average yield of ground-nut (in-shell) in Ethiopia contracted to X tons per ha, with a decrease of -2.2% on 2021. The yield figure increased at an average annual rate of +3.0% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 14%. The groundnuts yield peaked at X tons per ha in 2021, and then declined slightly in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of ground-nut (in-shell) in Ethiopia rose slightly to X ha, picking up by 1.6% against the year before. In general, the total harvested area indicated a notable increase from 2012 to 2022: its figure increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, groundnuts harvested area decreased by -1.5% against 2020 indices. The growth pace was the most rapid in 2020 when the harvested area increased by 29%. As a result, the harvested area reached the peak level of X ha. From 2021 to 2022, the growth of the groundnuts harvested area failed to regain momentum.

Groundnuts Exports

Exports from Ethiopia

In 2022, after four years of growth, there was decline in overseas shipments of ground-nut (in-shell), when their volume decreased by -4.1% to X tons. Over the period under review, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2015 with an increase of 90%. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, groundnuts exports shrank modestly to $X in 2022. In general, exports, however, continue to indicate strong growth. The pace of growth appeared the most rapid in 2015 with an increase of 168%. The exports peaked at $X in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Yemen (X tons) was the main destination for groundnuts exports from Ethiopia, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Yemen stood at +99.7%.

In value terms, Yemen ($X) also remains the key foreign market for ground-nut (in-shell) exports from Ethiopia.

From 2012 to 2022, the average annual growth rate of value to Yemen totaled +105.7%.

Export Prices by Country

In 2022, the average groundnuts export price amounted to $X per ton, picking up by 1.9% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, groundnuts export price increased by +13.8% against 2017 indices. The growth pace was the most rapid in 2015 when the average export price increased by 41%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +23.7% per year.

Groundnuts Imports

Imports into Ethiopia

Groundnuts imports into Ethiopia contracted to X tons in 2022, with a decrease of -7.6% on the previous year. In general, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2015 with an increase of 216%. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, groundnuts imports contracted significantly to $X in 2022. Overall, imports showed a significant decrease. The pace of growth was the most pronounced in 2015 when imports increased by 254% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, India (X tons) was the main groundnuts supplier to Ethiopia, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from India totaled -17.1%.

In value terms, India ($X) constituted the largest supplier of ground-nut (in-shell) to Ethiopia.

From 2012 to 2022, the average annual rate of growth in terms of value from India stood at -24.4%.

Import Prices by Country

The average groundnuts import price stood at $X per ton in 2022, dropping by -9% against the previous year. Overall, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2015 when the average import price increased by 12% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -8.8% per year.

Source: IndexBox Platform