Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Ethiopia - 2022

Contents:

  1. Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Ethiopia (CIF) - 2022
  2. Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Ethiopia

Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Ethiopia (CIF) - 2022

The average import price for aluminium oxide (including artificial corundum); aluminium hydroxide stood at $1,266 per ton in 2022, rising by 44% against the previous year. In general, the import price continues to indicate resilient growth. The pace of growth was the most pronounced in 2021 an increase of 81% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($2,743 per ton), while the price for India ($672 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Ethiopia

In 2022, approx. 527 tons of aluminium oxide (including artificial corundum); aluminium hydroxide were imported into Ethiopia; with an increase of 222% compared with the year before. Over the period under review, imports, however, showed a precipitous curtailment.

In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide skyrocketed to $668K in 2022. In general, imports, however, showed a abrupt shrinkage.

Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China47.211277.9479116.5%
India58941835.9127-40.0%
Germany1.51.40.437.3191.9%
France10513421.52.7-70.5%
Kenya42.3N/AN/AN/A0%
Others11.814.27.921.722.5%
Total797680144668-5.7%

Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Ethiopia in 2022:

  1. China (320.4 tons)
  2. India (189.4 tons)
  3. Germany (13.6 tons)
  4. France (2.0 tons)

Source: IndexBox Market Intelligence Platform

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