Ethiopia - Broad Beans And Horse Beans (Dry) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Broad Bean and Horse Bean in Ethiopia - 2022
Contents:
- Price for Broad Bean and Horse Bean in Ethiopia (FOB) - 2022
- Price for Broad Bean and Horse Bean in Ethiopia (CIF) - 2022
- Exports of Broad Bean and Horse Bean in Ethiopia
- Imports of Broad Bean and Horse Bean in Ethiopia
Price for Broad Bean and Horse Bean in Ethiopia (FOB) - 2022
The average export price for broad beans and horse beans (dry) stood at $671 per ton in 2022, rising by 13% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 26% against the previous year. Over the period under review, the average export prices reached the peak figure at $706 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Djibouti ($777 per ton), while the average price for exports to Sudan totaled $667 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Djibouti (+0.1%).
Price for Broad Bean and Horse Bean in Ethiopia (CIF) - 2022
In 2022, the average import price for broad beans and horse beans (dry) amounted to $931 per ton, jumping by 50% against the previous year. In general, the import price, however, saw a abrupt slump. The growth pace was the most rapid in 2017 an increase of 65% against the previous year. The import price peaked at $3,750 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($1,078 per ton), while the price for China ($912 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+6.1%), while the prices for the other major suppliers experienced a decline.
Exports of Broad Bean and Horse Bean in Ethiopia
In 2022, after two years of decline, there was significant growth in shipments abroad of broad beans and horse beans (dry), when their volume increased by 132% to 11K tons. Overall, exports, however, recorded a significant decline.
In value terms, broad bean and horse bean exports skyrocketed to $7.1M in 2022. Over the period under review, exports, however, continue to indicate a precipitous setback.
Export of Broad Bean and Horse Bean in Ethiopia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sudan | 18.1 | 3.3 | 1.1 | 6.8 | -27.8% |
Djibouti | 0.4 | 0.1 | 0.2 | 0.2 | -20.6% |
Belgium | 0.5 | 0.3 | N/A | N/A | -40.0% |
Vietnam | 1.9 | N/A | N/A | N/A | 0% |
India | 0.5 | 0.3 | N/A | N/A | -40.0% |
Egypt | 1.5 | 1.0 | 0.7 | N/A | -31.7% |
Saudi Arabia | 0.5 | 0.3 | 0.2 | N/A | -36.8% |
Pakistan | N/A | 0.8 | N/A | N/A | 0% |
Others | 0.9 | 1.4 | 0.5 | 0.1 | -51.9% |
Total | 24.2 | 7.5 | 2.7 | 7.1 | -33.6% |
Top Export Markets for Broad Bean and Horse Bean from Ethiopia in 2022:
- Sudan (10.2K tons)
- Djibouti (0.2K tons)
Imports of Broad Bean and Horse Bean in Ethiopia
In 2022, the amount of broad beans and horse beans (dry) imported into Ethiopia surged to 71 tons, with an increase of 27% on the year before. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 211% against the previous year. As a result, imports reached the peak of 86 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, broad bean and horse bean imports surged to $66K in 2022. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 301%. As a result, imports reached the peak of $98K. From 2021 to 2022, the growth of imports remained at a lower figure.
Import of Broad Bean and Horse Bean in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 11.6 | 31.7 | 28.7 | 55.0 | 68.0% |
United Kingdom | N/A | 1.2 | N/A | 8.6 | 167.7% |
United Arab Emirates | 12.7 | 17.2 | 6.0 | 2.6 | -41.1% |
Spain | N/A | 17.1 | N/A | N/A | 0% |
United States | N/A | 30.5 | N/A | N/A | 0% |
Others | 0.1 | N/A | N/A | N/A | 0% |
Total | 24.4 | 97.7 | 34.7 | 66.2 | 39.5% |
Top Suppliers of Broad Bean and Horse Bean to Ethiopia in 2022:
- China (60.3 tons)
- United Kingdom (8.4 tons)
- United Arab Emirates (2.4 tons)
This report provides an in-depth analysis of the market for broad bean and horse bean 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 181 - Broad beans, dry
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
- COUNTRIES WITH TOP YIELDS
- 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, 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
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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
- 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
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