Crispbread Price in Ethiopia - 2022
Contents:
- Crispbread Price in Ethiopia (CIF) - 2022
- Crispbread Price in Ethiopia (FOB) - 2022
- Crispbread Imports in Ethiopia
- Crispbread Exports in Ethiopia
Crispbread Price in Ethiopia (CIF) - 2022
The average crispbread import price stood at $5,523 per ton in 2022, increasing by 12% against the previous year. In general, the import price posted resilient growth. The pace of growth was the most pronounced in 2018 when the average import price increased by 141% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($9,717 per ton), while the price for China ($1,426 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 Arab Emirates (+233.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Crispbread Price in Ethiopia (FOB) - 2022
The average crispbread export price stood at $1,697 per ton in 2022, which is down by -50.3% against the previous year. Over the period under review, the export price continues to indicate a mild decline. The pace of growth was the most pronounced in 2014 an increase of 90% against the previous year. Over the period under review, the average export prices reached the peak figure at $5,342 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($2,628 per ton), while the average price for exports to New Zealand ($1,015 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 Norway (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.
Crispbread Imports in Ethiopia
In 2022, the amount of crispbread imported into Ethiopia stood at 2.3 tons, increasing by 12% on the previous year. Over the period under review, imports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 277%.
In value terms, crispbread imports soared to $13K in 2022. Overall, imports, however, showed a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 268%.
| Import of Crispbread in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 10.0 | 1.5 | 4.7 | 10.1 | 0.3% |
| Italy | 0.2 | N/A | 0.2 | 1.1 | 76.5% |
| United Arab Emirates | N/A | N/A | N/A | 1.0 | 0% |
| China | 0.4 | N/A | 0.3 | 0.6 | 14.5% |
| South Korea | N/A | N/A | 0.5 | N/A | 0% |
| Germany | 5.4 | 0.9 | 3.0 | N/A | -25.5% |
| South Africa | 0.6 | 0.1 | 0.5 | N/A | -8.7% |
| United States | 0.8 | 0.1 | N/A | N/A | -87.5% |
| Others | 0.4 | 0.1 | 1.0 | N/A | 58.1% |
| Total | 17.8 | 2.8 | 10.2 | 12.8 | -10.4% |
Top Suppliers of Crispbread to Ethiopia in 2022:
- United Kingdom (1632.0 kg)
- China (444.0 kg)
- United Arab Emirates (131.0 kg)
- Italy (113.0 kg)
Crispbread Exports in Ethiopia
In 2022, crispbread exports from Ethiopia declined significantly to 3.5 tons, falling by -80.1% against 2021 figures. Overall, exports showed a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 529%. As a result, the exports attained the peak of 18 tons, and then shrank sharply in the following year.
In value terms, crispbread exports fell markedly to $6K in 2022. In general, exports recorded a dramatic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 553% against the previous year. As a result, the exports attained the peak of $60K, and then contracted dramatically in the following year.
| Export of Crispbread in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.3 | 0.3 | 3.1 | 2.8 | 110.5% |
| Netherlands | N/A | N/A | 0.4 | 1.5 | 275.0% |
| Germany | 0.2 | 0.5 | 2.7 | 1.1 | 76.5% |
| Canada | N/A | 0.1 | 0.5 | 0.2 | 41.4% |
| New Zealand | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Norway | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Australia | 3.0 | 4.8 | 25.0 | N/A | 188.7% |
| United Kingdom | 8.5 | 0.6 | 2.9 | N/A | -41.6% |
| Kuwait | 1.9 | 2.9 | 20.6 | N/A | 229.3% |
| Others | 8.6 | N/A | 4.5 | N/A | -27.7% |
| Total | 22.5 | 9.2 | 60.1 | 6.0 | -35.6% |
Top Export Markets for Crispbread from Ethiopia in 2022:
- United States (1080.0 kg)
- Netherlands (1000.0 kg)
- Germany (1000.0 kg)
- New Zealand (200.0 kg)
- Norway (120.0 kg)
- Canada (107.0 kg)
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