Ethiopia: Market for Crispbread, Rusks and Toasted Bread 2024

Market Size for Crispbread, Rusks and Toasted Bread in Ethiopia

The Ethiopian market for crispbread, rusks and toasted bread expanded notably to $X in 2023, surging by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market remained at a lower figure.

Production of Crispbread, Rusks and Toasted Bread in Ethiopia

In value terms, crispbread, rusk and toasted bread production amounted to $X in 2023 estimated in export price. Over the period under review, the total production indicated pronounced growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, production attained the peak level of $X. From 2022 to 2023, production growth failed to regain momentum.

Exports of Crispbread, Rusks and Toasted Bread

Exports from Ethiopia

In 2023, exports of crispbread, rusks and toasted bread from Ethiopia soared to X tons, jumping by X% against the year before. In general, exports saw buoyant growth. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2022 to 2023, the growth of the exports failed to regain momentum.

In value terms, crispbread, rusk and toasted bread exports skyrocketed to $X in 2023. Over the period under review, exports posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

Australia (X tons), Kuwait (X tons) and the United States (X tons) were the main destinations of crispbread, rusk and toasted bread exports from Ethiopia, together comprising X% of total exports. Germany, the UK and Sweden lagged somewhat behind, together comprising a further X%.

From 2012 to 2023, the biggest increases were recorded for Germany (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for crispbread, rusk and toasted bread exported from Ethiopia were Australia ($X), Kuwait ($X) and the United States ($X), with a combined X% share of total exports. The UK, Germany and Sweden lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Sweden, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for crispbread, rusks and toasted bread stood at $X per ton in 2023, growing by X% against the previous year. In general, the export price posted perceptible growth. The pace of growth was the most pronounced in 2014 when the average export price increased by X%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2023, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was Australia ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Australia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Crispbread, Rusks and Toasted Bread

Imports into Ethiopia

In 2023, approx. X tons of crispbread, rusks and toasted bread were imported into Ethiopia; rising by X% on the previous year. Overall, imports saw a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2022 to 2023, the growth of imports failed to regain momentum.

In value terms, crispbread, rusk and toasted bread imports soared to $X in 2023. Over the period under review, imports enjoyed a perceptible increase. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports failed to regain momentum.

Imports by Country

In 2023, Germany (X tons) was the main crispbread, rusk and toasted bread supplier to Ethiopia, with a X% share of total imports. Moreover, crispbread, rusk and toasted bread imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by the UK (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the UK (X% per year).

In value terms, Germany ($X) constituted the largest supplier of crispbread, rusks and toasted bread to Ethiopia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the UK (X% per year).

Import Prices by Country

The average import price for crispbread, rusks and toasted bread stood at $X per ton in 2023, declining by X% against the previous year. Overall, the import price continues to indicate a slight downturn. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2022, and then declined dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Norway (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform