Chlorides; of Aluminium Price in Ethiopia - 2022

Contents:

  1. Chlorides; of Aluminium Price in Ethiopia (CIF) - 2022
  2. Chlorides; of Aluminium Imports in Ethiopia

Chlorides; of Aluminium Price in Ethiopia (CIF) - 2022

The average chlorides; of aluminium import price stood at $636 per ton in 2022, with an increase of 16% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chlorides; of aluminium import price increased by +47.1% against 2017 indices. The growth pace was the most rapid in 2014 when the average import price increased by 93% against the previous year. As a result, import price reached the peak level of $786 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($674 per ton), while the price for India stood at $531 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.1%).

Chlorides; of Aluminium Imports in Ethiopia

In 2022, the amount of chlorides; of aluminia imported into Ethiopia surged to 2K tons, with an increase of 93% on 2021. Overall, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, chlorides; of aluminium imports soared to $1.3M in 2022. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Chlorides; of Aluminium in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China30828357798247.2%
India48.583.3N/A29783.0%
OthersN/A9.9N/A8.3-8.4%
Total3573765771,28753.3%

Top Suppliers of Chlorides; of Aluminium to Ethiopia in 2022:

  1. China (1455.7 tons)
  2. India (559.1 tons)

Source: IndexBox Market Intelligence Platform

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