Ethiopia - Breakfast Cereals - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Ethiopia - Breakfast Cereals - Market Analysis, Forecast, Size, Trends and Insights

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Breakfast Cereal Price in Ethiopia - 2021

Contents:

  1. Breakfast Cereal Price in Ethiopia (CIF) - 2022
  2. Breakfast Cereal Price in Ethiopia (FOB) - 2022
  3. Breakfast Cereal Imports in Ethiopia
  4. Breakfast Cereal Exports in Ethiopia

Breakfast Cereal Price in Ethiopia (CIF) - 2022

The average breakfast cereal import price stood at $1,552 per ton in 2022, jumping by 25% against the previous year. In general, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, breakfast cereal import price increased by +41.8% against 2020 indices. The growth pace was the most rapid in 2017 when the average import price increased by 34% against the previous year. As a result, import price reached the peak level of $1,606 per ton; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($5,143 per ton), while the price for South Africa ($999 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Breakfast Cereal Price in Ethiopia (FOB) - 2022

The average breakfast cereal export price stood at $4,194 per ton in 2022, picking up by 7.4% against the previous year. In general, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when the average export price increased by 46% 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.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($6,486 per ton), while the average price for exports to Israel ($1,496 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 South Sudan (+26.6%), while the prices for the other major destinations experienced more modest paces of growth.

Breakfast Cereal Imports in Ethiopia

In 2022, the amount of breakfast cereals imported into Ethiopia surged to 9.5K tons, increasing by 38% on 2021 figures. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 178%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, breakfast cereal imports skyrocketed to $15M in 2022. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 134%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Breakfast Cereal in Ethiopia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.03.43.98.360.7%
Belgium0.63.73.14.189.8%
South Africa0.30.30.41.674.7%
Italy1.01.6N/A0.1-53.6%
Others0.10.41.20.8100.0%
Total4.09.48.614.854.7%

Top Suppliers of Breakfast Cereal to Ethiopia in 2022:

  1. Italy (undefinedK tons)
  2. United States (5.0K tons)
  3. Belgium (2.7K tons)
  4. South Africa (1.6K tons)

Breakfast Cereal Exports in Ethiopia

For the fourth consecutive year, Ethiopia recorded growth in overseas shipments of breakfast cereals, which increased by 20% to 294 tons in 2022. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 68%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, breakfast cereal exports soared to $1.2M in 2022. Over the period under review, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 68% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Breakfast Cereal in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States22833352679851.8%
Canada34.460.986.218775.8%
Israel53.645.636.594.420.8%
United Kingdom2.015.224.939.2169.6%
Germany3.33.414.035.3120.3%
Norway7.510.114.419.838.2%
South Africa21.592.40.91.0-64.0%
Saudi ArabiaN/A21.030.20.6-83.1%
South SudanN/AN/A166N/A0%
Others10.125.554.256.977.9%
Total3606079531,23250.7%

Top Export Markets for Breakfast Cereal from Ethiopia in 2022:

  1. United States (123.0 tons)
  2. Israel (63.1 tons)
  3. Canada (62.5 tons)
  4. Germany (14.3 tons)
  5. United Kingdom (12.2 tons)
  6. Norway (4.9 tons)
  7. South Africa (0.3 tons)
  8. Saudi Arabia (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the breakfast cereal 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:

  • Prodcom 10613351 - Muesli type preparations based on unroasted cereal flakes
  • Prodcom 10613355 - Cereals in grain form, precooked or otherwise prepared (excluding maize)
  • Prodcom 10613353 - Other prepared foods obtained by the swelling or roasting of cereals

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Breakfast Cereals - Ethiopia