Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Ethiopia - 2022
Contents:
- Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Ethiopia (FOB) - 2022
- Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Ethiopia (CIF) - 2022
- Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Ethiopia
- Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Ethiopia
Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Ethiopia (FOB) - 2022
In 2022, the average export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 amounted to $2,282 per ton, therefore, remained relatively stable against the previous year. In general, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for flour and meal; of the dried leguminous vegetables of heading no. 0713 increased by +61.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 60% against the previous year. The export price peaked at $2,291 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($3,694 per ton), while the average price for exports to Djibouti ($603 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 Israel (+3.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Ethiopia (CIF) - 2022
The average import price for flour and meal; of the dried leguminous vegetables of heading no. 0713 stood at $2,636 per ton in 2022, with an increase of 164% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Japan.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +8.7% per year.
Exports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Ethiopia
In 2022, the amount of flour and meal; of the dried leguminous vegetables of heading no. 0713 exported from Ethiopia declined to 462 tons, with a decrease of -9% on 2021 figures. Over the period under review, exports recorded a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year.
In value terms, exports of flour and meal; of the dried leguminous vegetables of heading no. 0713 contracted to $1.1M in 2022. The total export value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 25% against the previous year. As a result, the exports reached the peak of $1.2M, and then reduced in the following year.
| Export of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 150 | 266 | 399 | 446 | 43.8% |
| Canada | 36.6 | 51.0 | 110 | 109 | 43.9% |
| Netherlands | 7.3 | 35.0 | 94.0 | 92.8 | 133.4% |
| Israel | 102 | 101 | 77.7 | 88.8 | -4.5% |
| Saudi Arabia | 249 | 77.7 | 18.6 | 56.3 | -39.1% |
| Sweden | 11.9 | 25.2 | 35.4 | 52.5 | 64.0% |
| South Africa | 32.5 | 56.1 | 23.8 | 46.7 | 12.8% |
| United Kingdom | 45.4 | 52.6 | 52.5 | 36.5 | -7.0% |
| Djibouti | 51.7 | 20.5 | 18.5 | 26.6 | -19.9% |
| Sudan | 61.4 | 48.4 | 49.4 | N/A | -10.3% |
| Egypt | 148 | 145 | 185 | N/A | 11.8% |
| Others | 50.9 | 49.4 | 98.3 | 99.8 | 25.2% |
| Total | 946 | 928 | 1,162 | 1,054 | 3.7% |
Top Export Markets for Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 from Ethiopia in 2022:
- United States (120.6 tons)
- Netherlands (75.4 tons)
- Canada (50.2 tons)
- Djibouti (44.2 tons)
- Israel (40.1 tons)
- Sweden (36.7 tons)
- South Africa (27.9 tons)
- Saudi Arabia (23.1 tons)
- United Kingdom (17.7 tons)
Imports of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Ethiopia
In 2022, approx. 11 kg of flour and meal; of the dried leguminous vegetables of heading no. 0713 were imported into Ethiopia; with a decrease of -99.3% compared with the year before. Over the period under review, imports showed a dramatic slump. The growth pace was the most rapid in 2021 when imports increased by 148%.
In value terms, imports of flour and meal; of the dried leguminous vegetables of heading no. 0713 contracted dramatically to $29 in 2022. In general, imports recorded a dramatic downturn. The growth pace was the most rapid in 2021 with an increase of 83% against the previous year.
| Import of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | N/A | N/A | 29.0 | 0% |
| China | 493 | 417 | 454 | N/A | -4.0% |
| United Arab Emirates | 1,392 | 188 | 913 | N/A | -19.0% |
| Italy | 805 | 182 | 123 | N/A | -60.9% |
| Others | 33.0 | 30.0 | 8.0 | N/A | -50.8% |
| Total | 2,723 | 817 | 1,498 | 29.0 | -78.0% |
Top Suppliers of Flour and Meal; of the Dried Leguminous Vegetables of Heading No. 0713 to Ethiopia in 2022:
- Japan (11.0 kg)
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