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Ethiopia - Sugar Beet - Market Analysis, Forecast, Size, Trends and Insights
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Sugar Beet Market Size in Ethiopia
The Ethiopian sugar beet market totaled $X in 2022, remaining stable against the previous year. In general, consumption continues to indicate a strong increase. Over the period under review, the market reached the peak level at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.
Sugar Beet Production in Ethiopia
In value terms, sugar beet production stood at $X in 2022 estimated in export price. Over the period under review, production saw a prominent expansion. The growth pace was the most rapid in 2017 when the production volume increased by 66%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.
In 2022, the average sugar beet yield in Ethiopia stood at less than X kg per ha, almost unchanged from the previous year. Over the period under review, 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 sugar beet production in Ethiopia was estimated at less than X ha, leveling off at 2021 figures. Over the period under review, the harvested area showed a relatively flat trend pattern.
Sugar Beet Exports
Exports from Ethiopia
In 2022, overseas shipments of sugar beet decreased by 0% to X kg for the first time since 2016, thus ending a five-year declining trend. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2016 with an increase of 196% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.
In value terms, sugar beet exports totaled $X in 2022. In general, exports posted a resilient increase. The pace of growth appeared the most rapid in 2017 when exports increased by 263% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.
Exports by Country
Djibouti (X kg) was the main destination for sugar beet exports from Ethiopia, with a approx. 100% share of total exports.
From 2012 to 2022, the average annual growth rate of volume to Djibouti amounted to -6.5%.
In value terms, Djibouti ($X) also remains the key foreign market for sugar beet exports from Ethiopia.
From 2012 to 2022, the average annual growth rate of value to Djibouti amounted to +19.4%.
Export Prices by Country
In 2022, the average sugar beet export price amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the export price recorded significant growth. The growth pace was the most rapid in 2017 an increase of 482% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2018 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Djibouti.
From 2012 to 2022, the rate of growth in terms of prices for Djibouti amounted to +27.7% per year.
Sugar Beet Imports
Imports into Ethiopia
In 2022, the amount of sugar beet imported into Ethiopia totaled X kg, remaining relatively unchanged against the year before. Overall, imports showed a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of 47%. Imports peaked at X kg in 2012; however, from 2013 to 2022, imports remained at a lower figure.
In value terms, sugar beet imports dropped to $X in 2022. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2015 when imports increased by 64%. Imports peaked at $X in 2021, and then fell in the following year.
Imports by Country
In 2022, China (X kg) was the main sugar beet supplier to Ethiopia, accounting for a approx. 100% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -15.5%.
In value terms, China ($X) constituted the largest supplier of sugar beet to Ethiopia.
From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +22.1%.
Import Prices by Country
The average sugar beet import price stood at $X per ton in 2022, shrinking by -8.3% against the previous year. In general, the import price, however, saw a significant expansion. The pace of growth was the most pronounced in 2015 when the average import price increased by 172% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021, and then shrank in the following year.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +44.5% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the sugar beet 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 157 - Sugar beet
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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