Preserved Frozen Potato Price in Ethiopia - 2022
Contents:
Preserved Frozen Potato Price in Ethiopia (CIF) - 2022
The average preserved frozen potato import price stood at $1,650 per ton in 2022, rising by 16% against the previous year. Overall, the import price showed a strong expansion. The pace of growth was the most pronounced in 2018 an increase of 49% against the previous year. As a result, import price reached the peak level of $3,170 per ton. From 2019 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 the UK ($3,828 per ton), while the price for Curacao ($956 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Preserved Frozen Potato Imports in Ethiopia
In 2022, supplies from abroad of frozen potatoes prepared or preserved decreased by -56.3% to 22 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 397%.
In value terms, preserved frozen potato imports declined rapidly to $37K in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 135% against the previous year.
| Import of Preserved Frozen Potato in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.9 | 2.2 | 1.8 | 21.5 | 188.0% |
| Belgium | 0.3 | 1.4 | 2.5 | 7.7 | 195.0% |
| Netherlands | 0.8 | 2.2 | 2.6 | 2.2 | 40.1% |
| Curacao | N/A | N/A | N/A | 2.1 | 0% |
| United Kingdom | 0.2 | 1.0 | 2.3 | 1.8 | 108.0% |
| United Arab Emirates | 8.1 | 11.2 | 17.1 | 1.3 | -45.7% |
| Malaysia | 2.4 | 4.9 | 12.2 | N/A | 125.5% |
| Indonesia | N/A | 7.0 | 15.3 | N/A | 118.6% |
| Italy | 1.5 | 5.7 | 9.2 | N/A | 147.7% |
| Saudi Arabia | 0.5 | 0.3 | 2.3 | N/A | 114.5% |
| United States | 0.9 | 3.7 | 6.5 | N/A | 168.7% |
| Others | 0.5 | -2.3 | 0.7 | N/A | 18.3% |
| Total | 15.9 | 37.4 | 72.5 | 36.7 | 32.2% |
Top Suppliers of Preserved Frozen Potato to Ethiopia in 2022:
- France (14.1 tons)
- Belgium (3.5 tons)
- Curacao (2.2 tons)
- Netherlands (0.7 tons)
- United Kingdom (0.5 tons)
- United Arab Emirates (0.4 tons)
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