Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Ethiopia - 2022

Contents:

  1. Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Ethiopia (CIF) - 2022
  2. Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Ethiopia (FOB) - 2022
  3. Imports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Ethiopia
  4. Exports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Ethiopia

Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Ethiopia (CIF) - 2022

The average import price for vitamins; vitamins a and their derivatives, unmixeds stood at $106,000 per ton in 2022, surging by 79% against the previous year. Over the period under review, the import price saw a remarkable increase. The most prominent rate of growth was recorded in 2019 when the average import price increased by 91%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +51.4% per year.

Price for Vitamins; Vitamins A and Their Derivatives, Unmixed in Ethiopia (FOB) - 2022

In 2020, the average export price for vitamins; vitamins a and their derivatives, unmixeds amounted to $18,587 per ton, with an increase of 9.3% against the previous year. In general, the export price recorded resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Nigeria.

From 2015 to 2020, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Ethiopia

For the third year in a row, Ethiopia recorded decline in overseas purchases of vitamins; vitamins a and their derivatives, unmixeds, which decreased by -99.4% to 2 kg in 2022. In general, imports saw a dramatic shrinkage. The smallest decline of -33.8% was in 2021.

In value terms, imports of vitamins; vitamins a and their derivatives, unmixeds contracted remarkably to $212 in 2022. Over the period under review, imports saw a significant decrease. The smallest decline of -31.4% was in 2020.

Import of Vitamins; Vitamins A and Their Derivatives, Unmixed in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.714.40.10.2-62.2%
Switzerland0.80.60.7N/A-6.5%
Germany2.31.51.1N/A-30.8%
India16.30.82.4N/A-61.6%
United Arab Emirates33.721.716.1N/A-30.9%
OthersN/AN/A0.7N/A0%
Total56.738.921.10.2-84.8%

Top Suppliers of Vitamins; Vitamins A and Their Derivatives, Unmixed to Ethiopia in 2022:

  1. China (2.0 kg)

Exports of Vitamins; Vitamins A and Their Derivatives, Unmixed in Ethiopia

In 2020, the amount of vitamins; vitamins a and their derivatives, unmixeds exported from Ethiopia surged to 63 kg, increasing by 66% against the year before. In general, total exports indicated a significant expansion from 2019 to 2020: its volume increased at an average annual rate of +65.8% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of vitamins; vitamins a and their derivatives, unmixeds surged to $1.2K in 2020. Over the period under review, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Vitamins; Vitamins A and Their Derivatives, Unmixed in Ethiopia (USD)
COUNTRY20192020CAGR,
2019-2020
NigeriaN/A1,1710%
South Africa646N/A0%
OthersN/AN/A0%
Total6461,17181.3%

Top Export Markets for Vitamins; Vitamins A and Their Derivatives, Unmixed from Ethiopia in 2022:

  1. Nigeria (63.0 kg)
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