Ethiopia: Rice Market 2020

Rice Exports

Exports from Ethiopia

Rice exports from Ethiopia amounted to X tons in 2018, surging by X% against the previous year. Overall, rice exports continue to indicate a skyrocketing expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. In that year, rice exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, rice exports totaled $X in 2018. Overall, rice exports continue to indicate an outstanding increase. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. In that year, rice exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

Djibouti (X tons), Kenya (X tons) and Canada (X tons) were the main destinations of rice exports from Ethiopia, together accounting for X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Canada (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for rice exported from Ethiopia were Kenya ($X), Djibouti ($X) and Canada ($X), together accounting for X% of total exports.

Djibouti (+X% per year) experienced the highest growth rate of exports, among the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The average rice export price stood at $X per ton in 2018, jumping by X% against the previous year. Over the period under review, the rice export price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2016 an increase of X% year-to-year. Over the period under review, the average export prices for rice reached their maximum in 2018 and is likely to continue its growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Kenya ($X per ton), while the average price for exports to Djibouti ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Djibouti, while the prices for the other major destinations experienced mixed trend patterns.

Rice Imports

Imports into Ethiopia

In 2018, the amount of rice imported into Ethiopia stood at X tons, growing by X% against the previous year. Over the period under review, rice imports continue to indicate an extraordinary expansion. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, rice imports totaled $X in 2018. In general, rice imports continue to indicate an extraordinary increase. The pace of growth appeared the most rapid in 2011 when imports increased by X% year-to-year. Over the period under review, rice imports attained their peak figure in 2018 and are likely to see steady growth in the near future.

Imports by Country

In 2018, India (X tons) constituted the largest supplier of rice to Ethiopia, with a X% share of total imports. Moreover, rice imports from India exceeded the figures recorded by the second-largest supplier, Pakistan (X tons), threefold.

From 2007 to 2018, the average annual growth rate of volume from India amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+X% per year) and China (+X% per year).

In value terms, India ($X) constituted the largest supplier of rice to Ethiopia, comprising X% of total rice imports. The second position in the ranking was occupied by Pakistan ($X), with a X% share of total imports.

From 2007 to 2018, the average annual growth rate of value from India amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+X% per year) and China (+X% per year).

Import Prices by Country

In 2018, the average rice import price amounted to $X per ton, waning by -X% against the previous year. Overall, the import price indicated a resilient increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, rice import price decreased by -X% against 2015 indices. The growth pace was the most rapid in 2008 an increase of X% year-to-year. The import price peaked at $X per ton in 2015; however, from 2016 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was China ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform