Price for Mineral Substances Not Elsewhere Specified or Included in Ethiopia - 2022
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Ethiopia (CIF) - 2022
- Imports of Mineral Substances Not Elsewhere Specified or Included in Ethiopia
Price for Mineral Substances Not Elsewhere Specified or Included in Ethiopia (CIF) - 2022
The average import price for mineral substances not elsewhere specified or includeds stood at $1,203 per ton in 2022, rising by 113% against the previous year. In general, the import price showed resilient growth. The most prominent rate of growth was recorded in 2013 an increase of 260%. As a result, import price reached the peak level of $1,616 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($4,000 per ton), while the price for China ($515 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Mineral Substances Not Elsewhere Specified or Included in Ethiopia
Imports of mineral substances not elsewhere specified or includeds into Ethiopia declined markedly to 23 tons in 2022, which is down by -74.8% on the previous year. Overall, imports recorded a sharp reduction. The pace of growth was the most pronounced in 2021 when imports increased by 56% against the previous year.
In value terms, imports of mineral substances not elsewhere specified or includeds fell markedly to $27K in 2022. Over the period under review, imports faced a precipitous setback. The smallest decline of -24.1% was in 2021.
| Import of Mineral Substances Not Elsewhere Specified or Included in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 14.6 | 20.0 | 4.1 | 19.0 | 9.2% |
| China | 222 | 20.9 | 43.4 | 4.0 | -73.8% |
| Italy | 0.7 | 0.9 | 3.1 | 3.3 | 67.7% |
| Greece | N/A | N/A | N/A | 0.7 | 0% |
| India | 0.1 | N/A | 0.2 | 0.4 | 58.7% |
| Kenya | 12.5 | 3.8 | N/A | N/A | -69.6% |
| Others | 24.4 | 21.6 | 0.1 | N/A | -93.6% |
| Total | 274 | 67.2 | 51.0 | 27.4 | -53.6% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Ethiopia in 2022:
- Australia (13.2 tons)
- China (7.7 tons)
- Italy (0.8 tons)
- India (0.6 tons)
- Greece (0.4 tons)
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