Manganese Oxides Price in Ethiopia - 2022
Contents:
Manganese Oxides Price in Ethiopia (CIF) - 2022
In 2022, the average manganese oxides import price amounted to $1,332 per ton, increasing by 21% against the previous year. In general, the import price saw buoyant growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 105%. The import price peaked at $2,083 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($8,535 per ton), while the price for India ($699 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Manganese Oxides Imports in Ethiopia
Manganese oxides imports into Ethiopia skyrocketed to 6.3 tons in 2022, increasing by 60% on the previous year. In general, imports continue to indicate a mild increase. The growth pace was the most rapid in 2021 with an increase of 144% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, manganese oxides imports surged to $8.3K in 2022. Overall, imports recorded resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 147%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Manganese Oxides in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.7 | 0.6 | 1.3 | 3.4 | 69.4% |
| India | 1.7 | 0.4 | 2.1 | 3.3 | 24.7% |
| China | 2.9 | 0.7 | 0.9 | 1.7 | -16.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.3 | 1.7 | 4.3 | 8.3 | 16.1% |
Top Suppliers of Manganese Oxides to Ethiopia in 2022:
- India (4.7 tons)
- China (1.2 tons)
- Germany (0.4 tons)
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