Sulphites; of Sodium Price in Ethiopia - 2022
Contents:
Sulphites; of Sodium Price in Ethiopia (CIF) - 2022
The average sulphites; of sodium import price stood at $462 per ton in 2022, picking up by 1.9% against the previous year. Over the period under review, the import price, however, recorded a deep reduction. The pace of growth was the most pronounced in 2016 an increase of 4.1% against the previous year. The import price peaked at $1,134 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 ($939 per ton), while the price for China ($447 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-5.3%), while the prices for the other major suppliers experienced a decline.
Sulphites; of Sodium Imports in Ethiopia
In 2022, the amount of sulphites; of sodia imported into Ethiopia surged to 3.3K tons, jumping by 1,586% on the previous year. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, sulphites; of sodium imports surged to $1.5M in 2022. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sulphites; of Sodium in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 346 | 511 | 81.8 | 1,434 | 60.6% |
| India | 0.7 | 0.9 | 0.1 | 65.6 | 354.2% |
| Turkey | 3.1 | 0.8 | 0.3 | 41.2 | 136.9% |
| Others | 191 | 96.3 | 7.5 | 0.5 | -86.2% |
| Total | 541 | 609 | 89.8 | 1,541 | 41.8% |
Top Suppliers of Sulphites; of Sodium to Ethiopia in 2022:
- China (3208.5 tons)
- India (69.9 tons)
- Turkey (60.6 tons)
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