Ethiopia oilseed sector set to expand

  • ethiopias oilseed sector set to expand ethiopia-usda gain reports
  • ethiopias oilseed sector set to expand ethiopia-usda gain reports
  • ethiopias oilseed sector set to expand ethiopia-usda gain reports
  • ethiopias oilseed sector set to expand ethiopia-usda gain reports

Browse Data & Analysis USDA Foreign Agricultural

Ethiopia oilseed sector set to expand — BlackSeaGrain

Browse Data & Analysis USDA Foreign Agricultural

USDA Foreign Agricultural Service

  • What is the role of oilseed in Ethiopia's foreign exchange earnings?
  • Ethiopia’s oilseed sector plays an important role in generating foreign exchange earnings. The three major oilseed crops (sesame, soybean, and niger seed) contribute to nearly 20% of Ethiopia’s total agricultural export earnings, second only to coffee.
  • Why is Ethiopia's oilseed sector important?
  • Ethiopia’s oilseed sector plays an important role in generating foreign exchange earnings and supporting the livelihoods of market actors across the value chain.
  • What are Ethiopia's major agricultural exports?
  • The three major oilseed crops (sesame, soybean, and niger seed) contribute to nearly 20% of Ethiopia’s total agricultural export earnings, second only to coffee. In MY 2018/19 (Oct-Sep), exports of sesame, Niger seed, and soybeans generated nearly $430 million in export earnings.
  • Why is ECX launching oilseed trade?
  • The launching of oilseeds trade through ECX would create enhanced market incentives for oilseeds growers to expand local production, streamline local trading, and increase exports. Ethiopia’s oilseed sector plays an important role in generating foreign exchange earnings.
  • Why do Ethiopian exporters sell oilseeds at a loss margin?
  • Local prices were considerably above international market prices over the past several years, and it has been common among some Ethiopian exporters to sell oilseeds and other agricultural export commodities at a loss margins and then to compensate by importing other products that may be sold locally with a higher profit margin.
  • Why is Ethiopia a major exporter of sesame seed?
  • This increase is due to production increases and sizeable quantity of carry-over stocks. Ethiopia is one of the key players in the global market for sesame seed and remains a major exporter. However, annual export volume has been falling at CAGR of 8% in the past eight years.