Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Ethiopia - 2022
Contents:
- Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Ethiopia (CIF) - 2022
- Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Ethiopia
Price for Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Ethiopia (CIF) - 2022
In 2022, the average import price for acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses amounted to $1,091 per ton, dropping by -56.4% against the previous year. Overall, the import price recorded a abrupt setback. The growth pace was the most rapid in 2016 an increase of 26% against the previous year. Over the period under review, average import prices hit record highs at $3,772 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($5,000 per ton), while the price for Turkey ($1,667 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.6%), while the prices for the other major suppliers experienced a decline.
Imports of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Ethiopia
In 2022, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses into Ethiopia reduced remarkably to 5 kg, with a decrease of -68.8% on 2021 figures. Over the period under review, imports recorded a sharp contraction. The smallest decline of -11.1% was in 2021.
In value terms, imports of acids; saturated acyclic monocarboxylic acids; propionic acid, its salts and esterses declined significantly to $12 in 2022. Overall, imports saw a dramatic decrease. The smallest decline of -37.9% was in 2021.
| Import of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 160 | 48.0 | 9.0 | 5.0 | -68.5% |
| India | 53.0 | 9.0 | 1.0 | 5.0 | -54.5% |
| Netherlands | 2.0 | 1.0 | 1.0 | 2.0 | 0.0% |
| China | N/A | N/A | 17.0 | N/A | 0% |
| United Arab Emirates | N/A | N/A | 8.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 215 | 58.0 | 36.0 | 12.0 | -61.8% |
Top Suppliers of Acids; Saturated Acyclic Monocarboxylic Acids; Propionic Acid, Its Salts and Esters to Ethiopia in 2022:
- Turkey (3.0 kg)
- Netherlands (1.0 kg)
- India (1.0 kg)
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