Ethiopia - Dried Onions - Market Analysis, Forecast, Size, Trends And Insights
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View PricingDried Onion Price in Ethiopia - 2022
Contents:
- Dried Onion Price in Ethiopia (CIF) - 2022
- Dried Onion Price in Ethiopia (FOB) - 2022
- Dried Onion Imports in Ethiopia
- Dried Onion Exports in Ethiopia
Dried Onion Price in Ethiopia (CIF) - 2022
In 2022, the average dried onion import price amounted to $2,623 per ton, waning by -36.3% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 82%. The import price peaked at $5,678 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Egypt.
From 2012 to 2022, the rate of growth in terms of prices for Sudan amounted to -10.6% per year.
Dried Onion Price in Ethiopia (FOB) - 2022
The average dried onion export price stood at $643 per ton in 2022, waning by -75.3% against the previous year. In general, the export price continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2017 when the average export price increased by 71%. The export price peaked at $6,063 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Djibouti.
From 2012 to 2022, the rate of growth in terms of prices for Djibouti amounted to +3.2% per year.
Dried Onion Imports in Ethiopia
In 2022, dried onion imports into Ethiopia skyrocketed to 119 tons, growing by 30% on 2021. Overall, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 116% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, dried onion imports contracted significantly to $312K in 2022. Over the period under review, imports showed a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 75% against the previous year. As a result, imports attained the peak of $377K, and then shrank dramatically in the following year.
| Import of Dried Onion in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 180 | 182 | 366 | 308 | 19.6% |
| Sudan | 11.6 | 9.7 | 8.0 | N/A | -17.0% |
| Others | 11.7 | 23.5 | 2.7 | 4.0 | -30.1% |
| Total | 203 | 216 | 377 | 312 | 15.4% |
Top Suppliers of Dried Onion to Ethiopia in 2022:
- Egypt (118.5 tons)
Dried Onion Exports in Ethiopia
In 2022, approx. 1.5 tons of dried onions were exported from Ethiopia; picking up by 499% compared with the previous year's figure. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, dried onion exports skyrocketed to $993 in 2022. Overall, exports recorded a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 244%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
| Export of Dried Onion in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Djibouti | 191 | 123 | 23.0 | 993 | 73.2% |
| Kenya | N/A | N/A | 613 | N/A | 0% |
| Others | 175 | 72.0 | 35.0 | N/A | -55.3% |
| Total | 366 | 195 | 671 | 993 | 39.5% |
Top Export Markets for Dried Onion from Ethiopia in 2022:
- Djibouti (1.5 tons)
This report provides an in-depth analysis of the dried onion 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:
- Prodcom 10391330 - Dried onions, whole, cut, sliced, broken or in powder, but not further prepared
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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