Ethiopia: Sunflower Seed Market 2024

Sunflower Seed Market Size in Ethiopia

The Ethiopian sunflower seed market declined to $X in 2022, falling by X% against the previous year. Overall, the total consumption indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Sunflower Seed Production in Ethiopia

In value terms, sunflower seed production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a strong increase. The pace of growth was the most pronounced in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

In 2022, the average yield of sunflower seed in Ethiopia contracted modestly to X tons per ha, with a decrease of X% compared with 2021 figures. Overall, the yield indicated a perceptible increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sunflower seed yield increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the yield increased by X% against the previous year. Over the period under review, the average sunflower seed yield hit record highs at X tons per ha in 2019; however, from 2020 to 2022, the yield remained at a lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The sunflower seed harvested area in Ethiopia fell to X ha in 2022, waning by X% against 2021 figures. Overall, the harvested area recorded a abrupt decline. The pace of growth was the most pronounced in 2019 when the harvested area increased by X% against the previous year. Over the period under review, the harvested area dedicated to sunflower seed production attained the peak figure at X ha in 2013; however, from 2014 to 2022, the harvested area stood at a somewhat lower figure.

Sunflower Seed Exports

Exports from Ethiopia

In 2022, shipments abroad of sunflower seed increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports enjoyed a strong increase. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, sunflower seed exports surged to $X in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

The United States (X tons) was the main destination for sunflower seed exports from Ethiopia, with a X% share of total exports. Moreover, sunflower seed exports to the United States exceeded the volume sent to the second major destination, Canada (X kg), more than tenfold.

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

In value terms, the United States ($X) emerged as the key foreign market for sunflower seed exports from Ethiopia, comprising X% of total exports. The second position in the ranking was taken by Canada ($X), with a X% share of total exports.

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

Export Prices by Country

The average sunflower seed export price stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the UK ($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 the United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sunflower Seed Imports

Imports into Ethiopia

In 2022, after three years of decline, there was significant growth in supplies from abroad of sunflower seed, when their volume increased by X% to X tons. In general, imports showed a resilient expansion. The pace of growth was the most pronounced in 2015 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, sunflower seed imports soared to $X in 2022. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2015 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, South Africa (X tons) constituted the largest supplier of sunflower seed to Ethiopia, with a X% share of total imports. Moreover, sunflower seed imports from South Africa exceeded the figures recorded by the second-largest supplier, China (X tons), sevenfold.

From 2012 to 2022, the average annual growth rate of volume from South Africa amounted to X%.

In value terms, South Africa ($X) constituted the largest supplier of sunflower seed to Ethiopia, comprising X% of total imports. The second position in the ranking was taken by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from South Africa amounted to X%.

Import Prices by Country

In 2022, the average sunflower seed import price amounted to $X per ton, picking up by X% against the previous year. Overall, the import price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2019 an increase of X%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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