Ethiopia: Market for Preparations Used In Animal Feeding 2025

Market Size for Preparations Used In Animal Feeding in Ethiopia

The Ethiopian preparations for animal feeding market was estimated at $X in 2022, increasing by 3% against the previous year. Over the period under review, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +9.3% 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 -3.3% against 2020 indices. Over the period under review, the market hit record highs at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Production of Preparations Used In Animal Feeding in Ethiopia

In value terms, preparations for animal feeding production reached $X in 2022 estimated in export price. The total output value increased at an average annual rate of +5.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 60% against the previous year. Preparations for animal feeding production peaked at $X in 2016; however, from 2017 to 2022, production stood at a somewhat lower figure.

Exports of Preparations Used In Animal Feeding

Exports from Ethiopia

In 2022, after two years of growth, there was significant decline in shipments abroad of preparations used in animal feeding, when their volume decreased by -80.9% to X tons. In general, exports, however, showed a prominent increase. The pace of growth appeared the most rapid in 2018 when exports increased by 495%. The exports peaked at X tons in 2021, and then contracted dramatically in the following year.

In value terms, preparations for animal feeding exports declined sharply to $X in 2022. Over the period under review, exports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2018 when exports increased by 374%. The exports peaked at $X in 2021, and then dropped markedly in the following year.

Exports by Country

Canada (X tons) was the main destination for preparations for animal feeding exports from Ethiopia, accounting for a 69% share of total exports. Moreover, preparations for animal feeding exports to Canada exceeded the volume sent to the second major destination, Hong Kong SAR (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume to Canada amounted to +219.4%.

In value terms, Canada ($X) emerged as the key foreign market for preparations used in animal feeding exports from Ethiopia, comprising 87% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a 10% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada totaled +185.9%.

Export Prices by Country

In 2022, the average preparations for animal feeding export price amounted to $X per ton, surging by 43% against the previous year. In general, the export price, however, continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 114%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Hong Kong SAR totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (-5.8%), while the prices for the other major destinations experienced a decline.

Imports of Preparations Used In Animal Feeding

Imports into Ethiopia

In 2022, approx. X tons of preparations used in animal feeding were imported into Ethiopia; approximately equating 2021. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 171% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, preparations for animal feeding imports shrank to $X in 2022. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2019 when imports increased by 157%. Over the period under review, imports reached the peak figure at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Turkey (X tons) were the main suppliers of preparations for animal feeding imports to Ethiopia, together comprising 49% of total imports.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of +5,654.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of preparations used in animal feeding to Ethiopia, comprising 29% of total imports. The second position in the ranking was held by Belgium ($X), with a 13% share of total imports. It was followed by Turkey, with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the Netherlands amounted to +11.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+17.3% per year) and Turkey (+3,230.3% per year).

Import Prices by Country

The average preparations for animal feeding import price stood at $X per ton in 2022, waning by -9.2% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 14% against the previous year. As a result, import price attained the peak level of $X per ton, and then declined in the following year.

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 Czech Republic ($X per ton), while the price for Belgium ($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 Czech Republic (+39.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform