Ethiopia - Mustard Seed - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMustard Seed Price in Ethiopia - 2022
Contents:
- Mustard Seed Price in Ethiopia (FOB) - 2022
- Mustard Seed Price in Ethiopia (CIF) - 2022
- Mustard Seed Exports in Ethiopia
- Mustard Seed Imports in Ethiopia
Mustard Seed Price in Ethiopia (FOB) - 2022
The average mustard seed export price stood at $1,628 per ton in 2022, increasing by 52% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the average export prices reached the maximum at $1,726 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($3,051 per ton), while the average price for exports to Saudi Arabia ($445 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 Canada (+7.4%), while the prices for the other major destinations experienced mixed trend patterns.
Mustard Seed Price in Ethiopia (CIF) - 2022
In 2022, the average mustard seed import price amounted to $2,349 per ton, increasing by 10% against the previous year. Over the period under review, the import price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2013 an increase of 26%. As a result, import price reached the peak level of $5,229 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($5,568 per ton), while the price for the United Arab Emirates totaled $2,181 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (-1.7%).
Mustard Seed Exports in Ethiopia
In 2022, approx. 17 tons of mustard seed were exported from Ethiopia; surging by 788% compared with 2021. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, mustard seed exports soared to $28K in 2022. In general, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Mustard Seed in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.5 | 3.1 | 1.2 | 25.7 | 117.4% |
| Israel | 0.2 | N/A | 0.3 | 1.2 | 81.7% |
| Canada | 0.1 | N/A | 0.2 | 0.8 | 100.0% |
| Saudi Arabia | 0.1 | N/A | N/A | 0.3 | 44.2% |
| Others | 0.5 | 0.3 | 0.3 | 0.2 | -26.3% |
| Total | 3.4 | 3.6 | 2.1 | 28.2 | 102.4% |
Top Export Markets for Mustard Seed from Ethiopia in 2022:
- United States (14.7 tons)
- Israel (1.7 tons)
- Saudi Arabia (0.6 tons)
- Canada (0.3 tons)
Mustard Seed Imports in Ethiopia
In 2022, after two years of growth, there was significant decline in overseas purchases of mustard seed, when their volume decreased by -17.9% to 746 kg. Overall, total imports indicated a resilient increase from 2020 to 2022: its volume increased at an average annual rate of +15.9% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 64% against the previous year. As a result, imports reached the peak of 909 kg, and then contracted sharply in the following year.
In value terms, mustard seed imports shrank to $1.8K in 2022. The total import value increased at an average annual rate of +5.6% from 2020 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when imports increased by 23%. As a result, imports attained the peak of $1.9K, and then reduced in the following year.
| Import of Mustard Seed in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| United Arab Emirates | 1,470 | 1,424 | 1,546 | 2.6% | |
| China | 100 | 171 | 206 | 43.5% | |
| Others | N/A | 339 | N/A | 0% | |
| Total | 1,570 | 1,934 | 1,752 | 5.6% | |
Top Suppliers of Mustard Seed to Ethiopia in 2022:
- United Arab Emirates (709.0 kg)
- China (37.0 kg)
This report provides an in-depth analysis of the mustard seed market in Ethiopia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 292 - Mustard seed
Country coverage:
- Ethiopia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ethiopia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
575
This report provides an in-depth analysis of the mustard seed market in Ethiopia.
201
This report provides an in-depth analysis of the karite (shea) nuts market in Ethiopia.
517
This report provides an in-depth analysis of the cottonseed market in Ethiopia.
121
This report provides an in-depth analysis of the melon seed market in Ethiopia.
111
This report provides an in-depth analysis of the poppy seed market in Ethiopia.
633
This report provides an in-depth analysis of the safflower seed market in Ethiopia.
418
This report provides an in-depth analysis of the sesame seed market in Ethiopia.
274
This report provides an in-depth analysis of the oil crops market in Ethiopia.
6854
This report provides an in-depth analysis of the global mustard seed market.
1523
This report provides an in-depth analysis of the global karite (shea) nuts market.
7618
Global mustard seed consumption amounted to X thousand tons in 2015, declining by -X% against the previous year level.
7941
In 2015, the countries with the highest levels of production were Canada (X thousand tons), Nepal (X thousand tons), Russia (X thousand tons), together accounting for X% of total output.
2618
Despite a slight dip in exports in 2014, Canada continued its dominance in the global mustard seed trade. In 2014, Canada exported X thousand tons of mustard seed totaling X million USD, X% under the previous year. Its primary trading partner was
1577
Indonesia dominates in the global oil crop trade. In 2014, Indonesia exported X million tons of oil crops totaling X billion USD, X% over the previous year. Its primary trading partner was India, where it supplied X% of its total oil crop exports
1521
Global karite nut consumption amounted to X thousand tons in 2015, growing by +X% against the previous year level.
2138
In 2015, the country with the largest volume of the karite nut output was Nigeria (X thousand tons), accounting for X% of global production. Moreover, karite nut output in Nigeria exceeded the figures recorded by the world's second largest produce
851
Global cottonseed consumption amounted to X thousand tons in 2015, increasing by +X% against the previous year level.
1285
Global cottonseed exports amounted to X thousand tons in 2015, dropping by -X% against the previous year level.
1462
In 2015, the countries with the highest levels of cottonseed production in 2015 were India (X thousand tons), China (X thousand tons), the United States (X thousand tons), together accounting for X% of total output.
1346
Australia dominates in the global сottonseed trade. In 2014, Australia exported X thousand tons of сottonseed totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X% of its total cotton
