What is the price of natural gum arabic per kilogram/pound in Ethiopia today?
The retail price range for Ethiopia natural gum arabic is between US$ 11.06 and US$ 21.05 per kilogram or between US$ 5.02 and US$ 9.55 per pound(lb). Click here to see today's exact prices of natural gum arabic in Ethiopia
The retail price range in Ethiopian Birr for natural gum arabic is between ETB 600.38 and ETB 1,142.31 per kilogram or between ETB 272.28 and ETB 518.06 per pound(lb) in Addis Ababa and Dire Dawa.
Wholesale prices
In 2024, the approximate wholesale price range for Ethiopia natural gum arabic is between US$ 7.75 and US$ 14.74 per kilogram or between US$ 3.51 and US$ 6.68 per pound(lb).
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Ethiopia Natural Gum Arabic Export Prices - Historical, Trends and Prediction
The export price of Natural Gum Arabic from Ethiopia has seen a significant fluctuation over the last five years. In 2016, the price per kilogram was 1.91 US dollars, followed by a sharp decrease to 0.68 US dollars in 2017. In 2018, the price rose to 5.43 US dollars, and then decreased to 4.25 US dollars in 2019. In 2020, the price increased to 5.03 US dollars, and then dropped to 3.08 US dollars in 2021. Based on this trend, it is predicted that the export price of Natural Gum Arabic from Ethiopia will be 2.45 US dollars in 2023 and 3.83 US dollars in 2024.Ethiopia Natural Gum Arabic Import Prices - Historical, Trends and Prediction
The import price of Natural Gum Arabic into Ethiopia has seen a significant fluctuation over the past five years. In 2016, the price was at its highest at 1.91 US$ per kg, before dropping to 0.68 US$ per kg in 2017. This was followed by a sharp increase in 2018, when the price rose to 5.43 US$ per kg. The price then decreased to 4.25 US$ per kg in 2019, before rising again to 5.03 US$ per kg in 2020. The most recent data shows that the price has dropped to 3.08 US$ per kg in 2021. Based on this trend, it is likely that the price of Natural Gum Arabic into Ethiopia will remain around the 3.00 US$ per kg mark in 2023 and 2024.Export values for Ethiopia natural gum arabic
The total values in export for natural gum arabic in Ethiopia were US$ 305, US$ 164 and US$ 269 in US dollar thousand for the years 2016, 2017 and 2018 in that order.
Prices of other produce in the Agro Commodities category in Ethiopia: Eggs, Wood Ear, Jelly Fungi Tremella, Coffee Husks & Skins, Coca leaf, Poppy Straw, Ephedra, Seaweed, Sugar Beet & Sugarcane.
See prices of natural gum arabic in other countries across Africa: Algeria natural gum arabic, Angola natural gum arabic, Botswana natural gum arabic, Burundi natural gum arabic, Cameroon natural gum arabic, Cape Verde natural gum arabic, Central African Republic natural gum arabic, Comoros natural gum arabic, DRC Congo natural gum arabic & Benin natural gum arabic.
Ethiopia natural gum arabic - Production, Exports, Imports, Seasons and HS Codes
In 2019 Ethiopia shipped small quantities of natural gum arabic. In 2019 alone, the market for Ethiopia natural gum arabic (agro commodities category) has , flactuating by per cent compared to the year 2017. Between 2016 and 2019, natural gum arabic's exports decreased by -100% earning the exporter US$0.00m for the year 2019. Ethiopia's natural gum arabic exports are categorised as:
- Natural gum Arabic (HS code 130120)
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Ethiopia natural gum arabic export values
In 2019, Ethiopia sold natural gum arabic valued at 0.00m USD, a drop of -100.00% from 2017's total natural gum arabic export of 0.164m USD. The annual change in value of Ethiopia natural gum arabic between 2016 to 2017 was -46.23 pc.
The per year variation in the volume of Ethiopia's natural gum arabic exports between 2016 and 2019 was -100 percent between 2017 and 2019.
Export markets for Ethiopia natural gum arabic ( in '000$ )
Ethiopia brought in 0 tonnes of natural gum arabic in 2019.