Ethiopia - Malt Extract And Food Preparations Of Flour, Meal, And Starch - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Malt Extract and Food Preparations of Flour, Meal, and Starch in Ethiopia - 2022
Contents:
- Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Ethiopia (CIF) - 2022
- Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Ethiopia (FOB) - 2022
- Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Ethiopia
- Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Ethiopia
Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Ethiopia (CIF) - 2022
The average import price for malt extract and food preparations of flour, meal, and starches stood at $1,559 per ton in 2022, increasing by 64% against the previous year. Over the period under review, import price indicated a strong increase from 2012 to 2022: its price increased at an average annual rate of +6.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Rwanda ($1,679 per ton), while the price for Italy ($922 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Rwanda (+29.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Malt Extract and Food Preparations of Flour, Meal, and Starch in Ethiopia (FOB) - 2022
The average export price for malt extract and food preparations of flour, meal, and starches stood at $2,111 per ton in 2022, shrinking by -6% against the previous year. In general, the export price, however, continues to indicate a strong expansion. The growth pace was the most rapid in 2014 when the average export price increased by 176% against the previous year. Over the period under review, the average export prices reached the peak figure at $4,786 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
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 ($4,112 per ton), while the average price for exports to Germany ($1,318 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 Australia (+57.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Ethiopia
In 2022, the amount of malt extract and food preparations of flour, meal, and starches imported into Ethiopia reduced rapidly to 23K tons, which is down by -47.4% against the year before. Over the period under review, imports showed a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 69% against the previous year. As a result, imports reached the peak of 44K tons, and then dropped notably in the following year.
In value terms, imports of malt extract and food preparations of flour, meal, and starches shrank to $36M in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 47%. As a result, imports reached the peak of $42M, and then dropped in the following year.
| Import of Malt Extract and Food Preparations of Flour, Meal, and Starch in Ethiopia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 0.1 | 0.4 | N/A | 19.6 | 480.9% |
| Belgium | 12.2 | 14.4 | 18.6 | 13.3 | 2.9% |
| United States | 9.1 | 5.5 | 7.7 | 2.4 | -35.9% |
| South Africa | 2.5 | 2.2 | 2.2 | 0.7 | -34.6% |
| Kazakhstan | N/A | N/A | 1.3 | N/A | 0% |
| Kenya | 1.0 | 1.0 | 3.3 | N/A | 81.7% |
| Italy | 4.3 | 4.5 | 7.8 | N/A | 34.7% |
| Others | 1.7 | 0.3 | 0.9 | 0.2 | -51.0% |
| Total | 30.8 | 28.5 | 41.8 | 36.1 | 5.4% |
Top Suppliers of Malt Extract and Food Preparations of Flour, Meal, and Starch to Ethiopia in 2022:
- Rwanda (11.6K tons)
- Belgium (8.2K tons)
- United States (2.4K tons)
- South Africa (0.7K tons)
Exports of Malt Extract and Food Preparations of Flour, Meal, and Starch in Ethiopia
In 2022, after three years of growth, there was significant decline in shipments abroad of malt extract and food preparations of flour, meal, and starches, when their volume decreased by -67.3% to 6.8 tons. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 371% against the previous year. As a result, the exports attained the peak of 21 tons, and then fell notably in the following year.
In value terms, exports of malt extract and food preparations of flour, meal, and starches reduced dramatically to $14K in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 357% against the previous year.
| Export of Malt Extract and Food Preparations of Flour, Meal, and Starch in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.9 | 3.3 | 10.6 | 5.7 | 85.0% |
| Germany | 0.9 | 1.1 | 13.8 | 4.2 | 67.1% |
| Canada | 0.1 | 0.1 | 1.9 | 1.6 | 152.0% |
| Australia | N/A | N/A | N/A | 0.9 | 0% |
| Switzerland | N/A | 0.3 | 0.2 | 0.9 | 73.2% |
| United Kingdom | 1.8 | 12.1 | 15.9 | 0.8 | -23.7% |
| South Africa | N/A | 0.3 | 1.2 | N/A | 300.0% |
| Others | 0.4 | 1.9 | 2.9 | 0.1 | -37.0% |
| Total | 4.2 | 19.1 | 46.5 | 14.3 | 50.4% |
Top Export Markets for Malt Extract and Food Preparations of Flour, Meal, and Starch from Ethiopia in 2022:
- Germany (3220.0 kg)
- United States (1398.0 kg)
- Canada (826.0 kg)
- Australia (448.0 kg)
- United Kingdom (420.0 kg)
- Switzerland (416.0 kg)
This report provides an in-depth analysis of the market for malt extract and food preparations of flour, meal, and starch 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 50 - Malt Extract
- FCL 115 - Food Preparations of Flour, Meal or Malt Extract
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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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 VOLUME AND VALUE
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
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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
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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
- 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
- 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
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