Preserved Sauerkraut Price in Ethiopia - 2022
Contents:
- Preserved Sauerkraut Price in Ethiopia (CIF) - 2022
- Preserved Sauerkraut Price in Ethiopia (FOB) - 2022
- Preserved Sauerkraut Imports in Ethiopia
- Preserved Sauerkraut Exports in Ethiopia
Preserved Sauerkraut Price in Ethiopia (CIF) - 2022
The average preserved sauerkraut import price stood at $1,553 per ton in 2022, picking up by 26% against the previous year. Overall, the import price, however, recorded a mild setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 28%. As a result, import price attained the peak level of $2,483 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($2,193 per ton), while the price for Italy ($754 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-4.2%), while the prices for the other major suppliers experienced a decline.
Preserved Sauerkraut Price in Ethiopia (FOB) - 2022
In 2022, the average preserved sauerkraut export price amounted to $1,373 per ton, reducing by -9.1% against the previous year. Over the period under review, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, preserved sauerkraut export price decreased by -21.4% against 2019 indices. The most prominent rate of growth was recorded in 2015 when the average export price increased by 76% against the previous year. As a result, the export price attained the peak level of $1,921 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($1,498 per ton), while the average price for exports to Germany ($719 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 Spain (+2.2%), while the prices for the other major destinations experienced a decline.
Preserved Sauerkraut Imports in Ethiopia
In 2022, after three years of growth, there was significant decline in purchases abroad of preserved sauerkraut, when their volume decreased by -95.5% to 9 tons. Over the period under review, imports recorded a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 188% against the previous year. As a result, imports attained the peak of 200 tons, and then contracted dramatically in the following year.
In value terms, preserved sauerkraut imports reduced sharply to $14K in 2022. Overall, imports faced a sharp descent. The growth pace was the most rapid in 2021 with an increase of 168% against the previous year. As a result, imports reached the peak of $247K, and then shrank sharply in the following year.
| Import of Preserved Sauerkraut in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.5 | 31.7 | 39.6 | 7.2 | -31.6% |
| United Arab Emirates | 1.3 | 0.4 | 3.4 | 3.7 | 41.7% |
| Italy | 1.2 | 3.8 | 17.9 | 2.1 | 20.5% |
| India | 0.2 | 0.3 | 1.0 | 0.8 | 58.7% |
| United Kingdom | 10.8 | 19.0 | 74.2 | N/A | 162.1% |
| Egypt | 0.9 | 1.1 | 2.8 | N/A | 76.4% |
| Turkey | 12.5 | 14.0 | 35.0 | N/A | 67.3% |
| Others | 7.2 | 21.8 | 72.9 | 0.1 | -76.0% |
| Total | 56.5 | 92.2 | 247 | 14.0 | -37.2% |
Top Suppliers of Preserved Sauerkraut to Ethiopia in 2022:
- China (3.3 tons)
- Italy (2.7 tons)
- United Arab Emirates (1.9 tons)
- India (1.0 tons)
Preserved Sauerkraut Exports in Ethiopia
Preserved sauerkraut exports from Ethiopia dropped to 744 tons in 2022, declining by -11% on 2021 figures. In general, exports saw a precipitous decrease.
In value terms, preserved sauerkraut exports contracted rapidly to $1M in 2022. Over the period under review, exports continue to indicate a precipitous decrease.
| Export of Preserved Sauerkraut in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,171 | 811 | 596 | 796 | -12.1% |
| Netherlands | 337 | 103 | 49.1 | 159 | -22.2% |
| Germany | 44.4 | 32.6 | 81.5 | 42.1 | -1.8% |
| Others | 2,385 | 1,645 | 537 | 24.2 | -78.4% |
| Total | 3,938 | 2,591 | 1,263 | 1,021 | -36.2% |
Top Export Markets for Preserved Sauerkraut from Ethiopia in 2022:
- Spain (561.6 tons)
- Netherlands (106.1 tons)
- Germany (58.6 tons)
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