Borates; Peroxoborates (Perborates) Price in Ethiopia - 2022
Contents:
- Borates; Peroxoborates (Perborates) Price in Ethiopia (CIF) - 2022
- Borates; Peroxoborates (Perborates) Imports in Ethiopia
Borates; Peroxoborates (Perborates) Price in Ethiopia (CIF) - 2022
In 2022, the average borates; peroxoborates (perborates) import price amounted to $1,680 per ton, rising by 70% against the previous year. In general, the import price recorded a strong expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 the UK ($7,757 per ton), while the price for China ($455 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Borates; Peroxoborates (Perborates) Imports in Ethiopia
Borates; peroxoborates (perborates) imports into Ethiopia contracted remarkably to 17 tons in 2022, dropping by -77.6% against the previous year's figure. Overall, imports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 when imports increased by 55%.
In value terms, borates; peroxoborates (perborates) imports reduced dramatically to $29K in 2022. In general, imports recorded a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. As a result, imports attained the peak of $75K, and then reduced dramatically in the following year.
Import of Borates; Peroxoborates (Perborates) in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 1.8 | 0.9 | 0.6 | 16.0 | 107.1% |
United Kingdom | N/A | N/A | 1.0 | 8.1 | 710.0% |
Turkey | 4.9 | 0.4 | 11.9 | 4.0 | -6.5% |
China | 46.9 | 31.6 | 1.9 | 0.1 | -87.1% |
Kenya | 0.1 | 3.7 | 10.5 | N/A | 924.7% |
Belgium | 3.3 | 0.6 | 5.1 | N/A | 24.3% |
Netherlands | 16.5 | 3.0 | 9.5 | N/A | -24.1% |
United States | 1.5 | 1.1 | 33.6 | N/A | 373.3% |
Others | 0.3 | 0.5 | 1.2 | 0.6 | 26.0% |
Total | 75.2 | 42.0 | 75.3 | 28.8 | -27.4% |
Top Suppliers of Borates; Peroxoborates (Perborates) to Ethiopia in 2022:
- India (10.1 tons)
- Turkey (5.7 tons)
- United Kingdom (1.0 tons)
- China (0.2 tons)
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