Concentrated Orange Juice Price in Ethiopia - 2022
Contents:
- Concentrated Orange Juice Price in Ethiopia (CIF) - 2022
- Concentrated Orange Juice Imports in Ethiopia
Concentrated Orange Juice Price in Ethiopia (CIF) - 2022
In 2022, the average concentrated orange juice import price amounted to $692 per ton, which is down by -21.9% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 46% against the previous year. As a result, import price reached the peak level of $1,298 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($1,287 per ton), while the price for the United Arab Emirates ($323 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Concentrated Orange Juice Imports in Ethiopia
In 2022, supplies from abroad of concentrated orange juice was finally on the rise to reach 884 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, faced a precipitous setback.
In value terms, concentrated orange juice imports skyrocketed to $612K in 2022. In general, imports, however, showed a sharp decline.
Import of Concentrated Orange Juice in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Egypt | 985 | 374 | 63.4 | 168 | -44.5% |
India | 483 | 208 | 29.1 | 86.6 | -43.6% |
South Africa | 276 | 131 | 35.4 | 75.7 | -35.0% |
United Arab Emirates | 374 | 82.8 | 5.5 | 44.6 | -50.8% |
Saudi Arabia | 303 | 61.2 | 19.7 | 42.8 | -47.9% |
Thailand | 73.5 | 139 | 19.4 | 38.7 | -19.3% |
Denmark | 122 | 55.1 | 14.7 | 26.6 | -39.8% |
Others | 497 | 310 | 99.9 | 129 | -36.2% |
Total | 3,114 | 1,362 | 287 | 612 | -41.9% |
Top Suppliers of Concentrated Orange Juice to Ethiopia in 2022:
- Egypt (325.3 tons)
- United Arab Emirates (137.9 tons)
- South Africa (123.0 tons)
- India (101.0 tons)
- Saudi Arabia (65.3 tons)
- Thailand (61.1 tons)
- Denmark (20.7 tons)
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