Ethiopia: Mixes And Doughs Market 2024

Mixes And Doughs Market Size in Ethiopia

The Ethiopian mixes and doughs market totaled $X in 2022, stabilizing at the previous year. Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +7.8% 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 +1.6% against 2019 indices. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Mixes And Doughs Production in Ethiopia

In value terms, mixes and doughs production totaled $X in 2022 estimated in export price. In general, the total production indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +8.6% 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 +1.3% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the production volume increased by 47% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Mixes And Doughs Exports

Exports from Ethiopia

After three years of growth, shipments abroad of mixes and doughs decreased by -61.6% to X tons in 2022. Over the period under review, exports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 799% against the previous year. As a result, the exports reached the peak of X tons, and then shrank notably in the following year.

In value terms, mixes and doughs exports dropped significantly to $X in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 525%. Over the period under review, the exports attained the maximum at $X in 2021, and then contracted markedly in the following year.

Exports by Country

Norway (X tons), Canada (X tons) and Switzerland (X tons) were the main destinations of mixes and doughs exports from Ethiopia, together comprising 97% of total exports.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +73.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X) remains the key foreign market for mixes and doughs exports from Ethiopia, comprising 79% of total exports. The second position in the ranking was taken by Norway ($X), with a 16% share of total exports. It was followed by Canada, with a 3.7% share.

From 2012 to 2022, the average annual growth rate of value to Switzerland amounted to +48.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (0.0% per year) and Canada (+35.0% per year).

Export Prices by Country

In 2022, the average mixes and doughs export price amounted to $X per ton, with an increase of 64% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 112% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Canada ($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 Switzerland (+15.5%), while the prices for the other major destinations experienced a decline.

Mixes And Doughs Imports

Imports into Ethiopia

In 2022, imports of mixes and doughs into Ethiopia dropped sharply to X tons, which is down by -33% compared with 2021 figures. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2014 with an increase of 675% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, mixes and doughs imports declined remarkably to $X in 2022. In general, imports, however, recorded significant growth. The growth pace was the most rapid in 2014 with an increase of 482%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Turkey (X tons), Saudi Arabia (X tons) and China (X tons) were the main suppliers of mixes and doughs imports to Ethiopia, with a combined 67% share of total imports. Belgium, Malta, India, South Africa and the United Arab Emirates lagged somewhat behind, together comprising a further 26%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +76.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest mixes and doughs suppliers to Ethiopia were Turkey ($X), Saudi Arabia ($X) and Belgium ($X), with a combined 75% share of total imports.

Saudi Arabia, with a CAGR of +86.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 mixes and doughs import price amounted to $X per ton, dropping by -3.1% against the previous year. In general, the import price saw a mild descent. The most prominent rate of growth was recorded in 2019 when the average import price increased by 52%. The import price peaked at $X per ton in 2013; however, from 2014 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 Saudi Arabia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform