Cerium Compounds Price in Ethiopia - 2022
Contents:
Cerium Compounds Price in Ethiopia (CIF) - 2022
In 2022, the average cerium compounds import price amounted to $13,219 per ton, reducing by -52.5% against the previous year. Over the period under review, the import price recorded a abrupt decline. The growth pace was the most rapid in 2017 an increase of 161% against the previous year. As a result, import price attained the peak level of $134,625 per ton. From 2018 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +3.4% per year.
Cerium Compounds Imports in Ethiopia
Cerium compounds imports into Ethiopia fell sharply to 32 kg in 2022, with a decrease of -87.7% compared with 2021 figures. Overall, imports recorded a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 550%. As a result, imports attained the peak of 260 kg, and then declined notably in the following year.
In value terms, cerium compounds imports contracted markedly to $423 in 2022. Over the period under review, imports saw a dramatic decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 287%. As a result, imports reached the peak of $7.2K, and then reduced sharply in the following year.
| Import of Cerium Compounds in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.3 | 0.1 | 0.2 | 0.4 | 10.1% |
| Germany | 2.1 | 0.9 | 1.4 | N/A | -18.4% |
| United Kingdom | N/A | N/A | 4.6 | N/A | 0% |
| India | 1.3 | 0.9 | 1.1 | N/A | -8.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.7 | 1.9 | 7.2 | 0.4 | -52.4% |
Top Suppliers of Cerium Compounds to Ethiopia in 2022:
- China (32.0 kg)
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