Ethiopia: Roasted Malt Market 2024

Roasted Malt Market Size in Ethiopia

The Ethiopian roasted malt market reduced to $X in 2022, which is down by -9.6% against the previous year. Overall, the total consumption indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of +1.3% 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 +9.7% against 2020 indices. Roasted malt consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Roasted Malt Production in Ethiopia

In value terms, roasted malt production declined slightly to $X in 2022 estimated in export price. In general, production, however, posted notable growth. The pace of growth was the most pronounced in 2015 with an increase of 65%. Roasted malt production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Roasted Malt Exports

Exports from Ethiopia

After two years of decline, overseas shipments of roasted malt increased by 30% to X tons in 2022. Overall, exports showed a slight expansion. The pace of growth was the most pronounced in 2016 with an increase of 2,425% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, roasted malt exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed a tangible expansion. The growth pace was the most rapid in 2016 when exports increased by 2,423%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Israel (X tons) was the main destination for roasted malt exports from Ethiopia, with a 60% share of total exports. Moreover, roasted malt exports to Israel exceeded the volume sent to the second major destination, the Netherlands (X tons), fourfold. The third position in this ranking was held by Sweden (X tons), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Israel stood at +24.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+62.8% per year) and Sweden (+45.3% per year).

In value terms, Israel ($X) remains the key foreign market for roasted malt exports from Ethiopia, comprising 45% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 16% share of total exports. It was followed by Sweden, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Israel totaled +24.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+74.3% per year) and Sweden (+34.6% per year).

Export Prices by Country

In 2022, the average roasted malt export price amounted to $X per ton, shrinking by -5.6% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 39% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a somewhat 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 the United States ($X per ton), while the average price for exports to Israel ($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 the United States (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Roasted Malt Imports

Imports into Ethiopia

In 2022, overseas purchases of roasted malt were finally on the rise to reach X tons after three years of decline. Overall, imports, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2014 when imports increased by 154% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, roasted malt imports rose modestly to $X in 2022. Over the period under review, imports, however, faced a sharp descent. The pace of growth was the most pronounced in 2014 with an increase of 140%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Belgium (X tons), Poland (X tons) and Germany (X tons) were the main suppliers of roasted malt imports to Ethiopia, with a combined 57% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +33.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest roasted malt suppliers to Ethiopia were Poland ($X), Belgium ($X) and Germany ($X), together comprising 59% of total imports.

In terms of the main suppliers, Germany, with a CAGR of +25.8%, recorded the highest growth rate of the value of imports, 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 roasted malt import price amounted to $X per ton, which is down by -12.1% against the previous year. Over the period under review, the import price saw a perceptible descent. The most prominent rate of growth was recorded in 2021 an increase of 26% against the previous year. Over the period under review, average import prices hit record highs 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 the UK ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+1.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform