Ethiopia - Maize (Green) - Market Analysis, Forecast, Size, Trends and Insights
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Maize Market Size in Ethiopia
The Ethiopian maize market was finally on the rise to reach $X in 2022, after four years of decline. In general, consumption, however, continues to indicate a precipitous contraction. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.
Maize Production in Ethiopia
In value terms, maize production reached $X in 2022 estimated in export price. Overall, production saw a resilient increase. The pace of growth was the most pronounced in 2019 when the production volume increased by 48% against the previous year. Maize production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.
In 2022, the average maize yield in Ethiopia stood at less than X kg per ha, almost unchanged from 2021 figures. In general, 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, the total area harvested in terms of maize (green) production in Ethiopia amounted to less than X ha, leveling off at 2021. In general, the harvested area recorded a relatively flat trend pattern.
Maize Exports
Exports from Ethiopia
In 2022, shipments abroad of maize (green) decreased by -2.6% to X tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2018 when exports increased by 7,194% against the previous year. The exports peaked at X tons in 2021, and then fell slightly in the following year.
In value terms, maize exports fell modestly to $X in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 12,671% against the previous year. Over the period under review, the exports hit record highs at $X in 2021, and then contracted in the following year.
Exports by Country
Somalia (X tons) was the main destination for maize exports from Ethiopia, accounting for a 95% share of total exports. Moreover, maize exports to Somalia exceeded the volume sent to the second major destination, Djibouti (X tons), more than tenfold.
From 2012 to 2022, the average annual growth rate of volume to Somalia amounted to +67.1%.
In value terms, Somalia ($X) remains the key foreign market for maize (green) exports from Ethiopia, comprising 95% of total exports. The second position in the ranking was taken by Djibouti ($X), with a 2.4% share of total exports.
From 2012 to 2022, the average annual growth rate of value to Somalia totaled +83.8%.
Export Prices by Country
In 2022, the average maize export price amounted to $X per ton, stabilizing at the previous year. Overall, the export price saw resilient growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 96%. The export price peaked at $X per ton in 2020; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Somalia ($X per ton), while the average price for exports to Djibouti totaled $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Djibouti (+36.4%).
Maize Imports
Imports into Ethiopia
Maize imports into Ethiopia surged to X tons in 2022, picking up by 43% compared with the previous year. Overall, imports saw a significant expansion. The pace of growth was the most pronounced in 2015 with an increase of 1,062% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports failed to regain momentum.
In value terms, maize imports surged to $X in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 620% against the previous year. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.
Imports by Country
In 2022, the United Arab Emirates (X tons) was the main supplier of maize to Ethiopia, accounting for a approx. 99% share of total imports.
From 2012 to 2022, the average annual growth rate of volume from the United Arab Emirates stood at +49.9%.
In value terms, the United Arab Emirates ($X) constituted the largest supplier of maize (green) to Ethiopia.
From 2012 to 2022, the average annual rate of growth in terms of value from the United Arab Emirates totaled +41.9%.
Import Prices by Country
In 2022, the average maize import price amounted to $X per ton, rising by 8.5% against the previous year. Overall, the import price, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2019 an increase of 56%. Over the period under review, average import prices reached the maximum 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 the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -5.3% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the maize market in Ethiopia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 446 - Green Corn (Maize)
Country coverage:
- Ethiopia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ethiopia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Area Harvested, 2012–2024
- Yield, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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