Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Ethiopia - 2022

Contents:

  1. Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Ethiopia (CIF) - 2022
  2. Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Ethiopia

Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Ethiopia (CIF) - 2022

In 2022, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $1,217 per ton, picking up by 41% against the previous year. In general, the import price, however, showed a deep contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 144%. The import price peaked at $3,935 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 India ($123,674 per ton), while the price for China totaled $679 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+55.0%), while the prices for the other major suppliers experienced a decline.

Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Ethiopia

For the third consecutive year, Ethiopia recorded decline in purchases abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia, which decreased by -96% to 23 tons in 2022. Overall, imports faced a sharp slump. The smallest decline of -8.4% was in 2020.

In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia dropped sharply to $28K in 2022. Over the period under review, imports faced a dramatic descent. The pace of growth was the most pronounced in 2021 when imports increased by 20%.

Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China65775.040315.2-71.5%
Kenya189331N/AN/A75.1%
Others14.18.293.512.5-3.9%
Total86041449727.7-68.2%

Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Ethiopia in 2022:

  1. China (22.4 tons)

Source: IndexBox Market Intelligence Platform

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