Ethiopia: Temporarily Preserved Vegetable Market 2024

Temporarily Preserved Vegetable Market Size in Ethiopia

The Ethiopian temporarily preserved vegetable market reached $X in 2022, picking up by 3% against the previous year. Over the period under review, the total consumption indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of +4.8% 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 -2.1% against 2020 indices. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Temporarily Preserved Vegetable Production in Ethiopia

In value terms, temporarily preserved vegetable production expanded markedly to $X in 2022 estimated in export price. In general, production enjoyed a resilient expansion. The pace of growth was the most pronounced in 2017 when the production volume increased by 114%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Temporarily Preserved Vegetable Exports

Exports from Ethiopia

In 2022, shipments abroad of vegetables (temporarily preserved) decreased by -18.2% to X tons, falling for the third consecutive year after two years of growth. Overall, exports faced a abrupt contraction. The pace of growth was the most pronounced in 2018 with an increase of 643% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, temporarily preserved vegetable exports declined to $X in 2022. Over the period under review, exports saw a mild curtailment. The pace of growth appeared the most rapid in 2018 with an increase of 575%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Kenya (X tons) was the main destination for temporarily preserved vegetable exports from Ethiopia, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Kenya totaled +10.5%.

In value terms, Kenya ($X) emerged as the key foreign market for vegetables (temporarily preserved) exports from Ethiopia.

From 2012 to 2022, the average annual growth rate of value to Kenya stood at +51.8%.

Export Prices by Country

In 2022, the average temporarily preserved vegetable export price amounted to $X per ton, increasing by 22% against the previous year. Overall, the export price showed strong growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 56% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Kenya.

From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to +37.3% per year.

Temporarily Preserved Vegetable Imports

Imports into Ethiopia

In 2022, supplies from abroad of vegetables (temporarily preserved) increased by 105% to X tons, rising for the second year in a row after two years of decline. In general, imports recorded a buoyant expansion. The growth pace was the most rapid in 2017 with an increase of 977% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, temporarily preserved vegetable imports soared to $X in 2022. Over the period under review, imports saw a remarkable increase. The most prominent rate of growth was recorded in 2017 with an increase of 588% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

The UK (X tons), the United Arab Emirates (X tons) and China (X tons) were the main suppliers of temporarily preserved vegetable imports to Ethiopia, together comprising 76% of total imports. Spain, Germany, Italy and Egypt lagged somewhat behind, together comprising a further 24%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +67.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), the UK ($X) and the United Arab Emirates ($X) appeared to be the largest temporarily preserved vegetable suppliers to Ethiopia, together comprising 75% of total imports. Spain, Germany, Italy and Egypt lagged somewhat behind, together comprising a further 25%.

Germany, with a CAGR of +58.2%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 temporarily preserved vegetable import price amounted to $X per ton, increasing by 18% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 211%. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 China ($X per ton), while the price for the United Arab Emirates ($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 United States (+29.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform