Ethiopia: Sugar Crop Market 2024

Sugar Crop Market Size in Ethiopia

The Ethiopian sugar crop market dropped to $X in 2022, waning by X% against the previous year. Over the period under review, the total consumption indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2019 indices. Sugar crop consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Sugar Crop Production in Ethiopia

In value terms, sugar crop production shrank to $X in 2022 estimated in export price. In general, the total production indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of X%. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of sugar crops in Ethiopia rose modestly to X tons per ha, increasing by X% against 2021. In general, the yield indicated a buoyant increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sugar crop yield decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the yield increased by X%. Over the period under review, the average sugar crop yield attained the peak level at X tons per ha in 2014; however, from 2015 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, approx. X ha of sugar crops were harvested in Ethiopia; increasing by X% compared with 2021 figures. The harvested area increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to sugar crop production attained the maximum at X ha in 2019; however, from 2020 to 2022, the harvested area stood at a somewhat lower figure.

Sugar Crop Exports

Exports from Ethiopia

After four years of decline, shipments abroad of sugar crops increased by X% to X tons in 2022. In general, exports saw a remarkable increase. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, sugar crop exports soared to $X in 2022. Over the period under review, exports posted a prominent increase. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Djibouti (X tons) was the main destination for sugar crop exports from Ethiopia, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Djibouti totaled X%.

In value terms, Djibouti ($X) also remains the key foreign market for sugar crops exports from Ethiopia.

From 2012 to 2022, the average annual rate of growth in terms of value to Djibouti stood at X%.

Export Prices by Country

The average sugar crop export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

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 X% per year.

Sugar Crop Imports

Imports into Ethiopia

In 2021, the amount of sugar crops imported into Ethiopia shrank dramatically to X kg, with a decrease of X% compared with the year before. Overall, imports saw a significant curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, sugar crop imports reduced rapidly to $X in 2021. In general, imports recorded a significant contraction. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Saudi Arabia (X kg) was the main sugar crop supplier to Ethiopia, accounting for a approx. X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from Saudi Arabia totaled X%.

In value terms, Saudi Arabia ($X) constituted the largest supplier of sugar crops to Ethiopia.

From 2012 to 2021, the average annual growth rate of value from Saudi Arabia stood at X%.

Import Prices by Country

In 2021, the average sugar crop import price amounted to $X per ton, leveling off at the previous year. Over the period under review, the import price continues to indicate a significant increase. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2021, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Saudi Arabia.

From 2012 to 2021, the rate of growth in terms of prices for China amounted to X% per year.

Source: IndexBox Platform