Ethiopia: Market for Starch other than Wheat, Corn or Potato 2024

Market Size for Starch other than Wheat, Corn or Potato in Ethiopia

The Ethiopian market for starch other than wheat, corn or potato fell to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, enjoyed prominent growth. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Production of Starch other than Wheat, Corn or Potato in Ethiopia

In value terms, production of starch other than wheat, corn or potato fell slightly to $X in 2022 estimated in export price. Overall, production, however, posted buoyant growth. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. Over the period under review, production of hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Starch other than Wheat, Corn or Potato

Exports from Ethiopia

In 2022, approx. X tons of starch other than wheat, corn or potato were exported from Ethiopia; increasing by X% against the previous year. Overall, exports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, exports of starch other than wheat, corn or potato soared to $X in 2022. Over the period under review, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Sweden (X tons) was the main destination for exports of starch other than wheat, corn or potato from Ethiopia, with a X% share of total exports. Moreover, exports of starch other than wheat, corn or potato to Sweden exceeded the volume sent to the second major destination, Canada (X kg), eightfold.

From 2012 to 2022, the average annual growth rate of volume to Sweden stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and the United States (X% per year).

In value terms, Sweden ($X) remains the key foreign market for starch other than wheat, corn or potato exports from Ethiopia, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Sweden amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (X% per year) and the United States (X% per year).

Export Prices by Country

The average export price for starch other than wheat, corn or potato stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Sweden ($X 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 Oman (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Starch other than Wheat, Corn or Potato

Imports into Ethiopia

In 2022, purchases abroad of starch other than wheat, corn or potato was finally on the rise to reach X tons after six years of decline. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of starch other than wheat, corn or potato soared to $X in 2022. Over the period under review, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, India (X tons) constituted the largest supplier of starch other than wheat, corn or potato to Ethiopia, accounting for a X% share of total imports. Moreover, imports of starch other than wheat, corn or potato from India exceeded the figures recorded by the second-largest supplier, China (X tons), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from India amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Saudi Arabia (X% per year).

In value terms, India ($X) constituted the largest supplier of starch other than wheat, corn or potato to Ethiopia, comprising X% of total imports. The second position in the ranking was held by China ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from India stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Saudi Arabia (X% per year).

Import Prices by Country

The average import price for starch other than wheat, corn or potato stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price continues to indicate a deep contraction. The growth pace was the most rapid in 2017 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (X%).

Source: IndexBox Platform

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