Broken Rice Price in Ethiopia - 2022
Contents:
- Broken Rice Price in Ethiopia (CIF) - 2022
- Broken Rice Price in Ethiopia (FOB) - 2022
- Broken Rice Imports in Ethiopia
- Broken Rice Exports in Ethiopia
Broken Rice Price in Ethiopia (CIF) - 2022
The average broken rice import price stood at $417 per ton in 2022, surging by 51% against the previous year. Overall, the import price, however, recorded a pronounced descent. Over the period under review, average import prices hit record highs at $632 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($744 per ton), while the price for India totaled $415 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+2.6%).
Broken Rice Price in Ethiopia (FOB) - 2022
In 2022, the average broken rice export price amounted to $77 per ton, which is down by -71.1% against the previous year. In general, the export price faced a deep downturn. The pace of growth appeared the most rapid in 2015 when the average export price decreased by -3.1% against the previous year. Over the period under review, the average export prices hit record highs at $529 per ton in 2014; however, from 2015 to 2022, the 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 -21.3% per year.
Broken Rice Imports in Ethiopia
In 2022, the amount of broken rice imported into Ethiopia soared to 196K tons, increasing by 476% on 2021. In general, imports, however, recorded a abrupt curtailment.
In value terms, broken rice imports soared to $82M in 2022. Over the period under review, imports, however, recorded a pronounced downturn.
| Import of Broken Rice in Ethiopia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 68.7 | 7.3 | 9.1 | 81.1 | 5.7% |
| Myanmar | 7.2 | 0.2 | 0.2 | N/A | -83.3% |
| Pakistan | 11.2 | 1.7 | N/A | N/A | -84.8% |
| Others | 1.2 | 0.1 | 0.1 | 0.6 | -20.6% |
| Total | 88.3 | 9.3 | 9.4 | 81.7 | -2.6% |
Top Suppliers of Broken Rice to Ethiopia in 2022:
- Pakistan (undefinedK tons)
- India (195.2K tons)
Broken Rice Exports in Ethiopia
Broken rice exports from Ethiopia soared to 25 tons in 2022, with an increase of 17,506% against the previous year. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, broken rice exports skyrocketed to $1.9K in 2022. In general, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Broken Rice in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Djibouti | N/A | 1.9 | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | N/A | 1.9 | 0% | ||
Top Export Markets for Broken Rice from Ethiopia in 2022:
- Djibouti (25.0 tons)
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