Ethiopia: Animal Guts Market 2024

Animal Guts Market Size in Ethiopia

The Ethiopian animal guts market shrank to $X in 2022, waning by -10.1% against the previous year. Over the period under review, the total consumption indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +12.7% against 2020 indices. Animal guts consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Animal Guts Production in Ethiopia

In value terms, animal guts production fell to $X in 2022 estimated in export price. Over the period under review, the total production indicated slight growth from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +12.8% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Animal Guts Exports

Exports from Ethiopia

In 2022, shipments abroad of guts, bladders and stomachs of animals increased by 20% to X tons for the first time since 2016, thus ending a five-year declining trend. In general, exports, however, faced a dramatic setback. The pace of growth appeared the most rapid in 2015 when exports increased by 56% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, animal guts exports fell to $X in 2022. Over the period under review, exports, however, continue to indicate a deep reduction. The growth pace was the most rapid in 2015 when exports increased by 45%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Vietnam (X tons) was the main destination for animal guts exports from Ethiopia, with a 76% share of total exports. Moreover, animal guts exports to Vietnam exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), fivefold. Egypt (X tons) ranked third in terms of total exports with a 6.2% share.

From 2012 to 2022, the average annual growth rate of volume to Vietnam stood at -17.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (+4.9% per year) and Egypt (-12.9% per year).

In value terms, Vietnam ($X) remains the key foreign market for guts, bladders and stomachs of animals exports from Ethiopia, comprising 61% of total exports. The second position in the ranking was taken by Egypt ($X), with a 17% share of total exports. It was followed by Hong Kong SAR, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Vietnam stood at -18.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (-0.7% per year) and Hong Kong SAR (-17.5% per year).

Export Prices by Country

In 2022, the average animal guts export price amounted to $X per ton, waning by -19.1% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, animal guts export price increased by +20.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 48% against the previous year. As a result, the export price attained the peak level of $X per ton, and then shrank notably in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Hong Kong SAR ($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 Egypt (+13.9%), while the prices for the other major destinations experienced mixed trend patterns.

Animal Guts Imports

Imports into Ethiopia

In 2022, after three years of growth, there was significant decline in purchases abroad of guts, bladders and stomachs of animals, when their volume decreased by -6.3% to X tons. Over the period under review, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 124% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, animal guts imports reduced to $X in 2022. In general, imports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 when imports increased by 140% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Spain (X tons) was the main supplier of animal guts to Ethiopia, accounting for a 90% share of total imports. Moreover, animal guts imports from Spain exceeded the figures recorded by the second-largest supplier, Cyprus (X kg), ninefold.

From 2012 to 2022, the average annual growth rate of volume from Spain stood at +3.5%.

In value terms, Spain ($X) constituted the largest supplier of guts, bladders and stomachs of animals to Ethiopia, comprising 90% of total imports. The second position in the ranking was taken by Cyprus ($X), with a 9.7% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain amounted to -2.8%.

Import Prices by Country

The average animal guts import price stood at $X per ton in 2022, rising by 6.2% against the previous year. Overall, the import price, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2014 when the average import price increased by 19%. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+107.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform