Price for Aluminium; Tubes and Pipes in Ethiopia - 2022

Contents:

1. Price for Aluminium; Tubes and Pipes in Ethiopia (FOB) - 2022
2. Price for Aluminium; Tubes and Pipes in Ethiopia (CIF) - 2022
3. Exports of Aluminium; Tubes and Pipes in Ethiopia
4. Imports of Aluminium; Tubes and Pipes in Ethiopia

Price for Aluminium; Tubes and Pipes in Ethiopia (FOB) - 2022

In 2022, the average aluminium; tubes and pipes export price amounted to $8,113 per ton, leveling off at the previous year. Overall, the export price, however, showed notable growth. The most prominent rate of growth was recorded in 2019 an increase of 0.6%. As a result, the export price reached the peak level of $8,232 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Italy.

From 2013 to 2022, the rate of growth in terms of prices for Italy amounted to -0.2% per year.

Price for Aluminium; Tubes and Pipes in Ethiopia (CIF) - 2022

The average aluminium; tubes and pipes import price stood at $9,116 per ton in 2022, approximately equating the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +9.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aluminium; tubes and pipes import price increased by +40.1% against 2018 indices. The pace of growth appeared the most rapid in 2013 an increase of 98%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($71,259 per ton), while the price for the UK ($1,583 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+33.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Aluminium; Tubes and Pipes in Ethiopia

Aluminium; tubes and pipes exports from Ethiopia surged to 71 tons in 2022, growing by 91% compared with 2021 figures. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, aluminium; tubes and pipes exports skyrocketed to $574K in 2022. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Aluminium; Tubes and Pipes from Ethiopia in 2022:

1. Italy (70.8 tons)

Imports of Aluminium; Tubes and Pipes in Ethiopia

For the third year in a row, Ethiopia recorded decline in purchases abroad of aluminium; tubes and pipeses, which decreased by -94% to 7 tons in 2022. In general, imports recorded a significant curtailment. The smallest decline of -18.2% was in 2020.

In value terms, aluminium; tubes and pipes imports dropped rapidly to $64K in 2022. Over the period under review, imports saw a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 12% against the previous year.

Top Suppliers of Aluminium; Tubes and Pipes to Ethiopia in 2022:

1. China (5.9 tons)
2. Canada (0.4 tons)
3. Spain (0.4 tons)
4. India (0.2 tons)
5. United Kingdom (0.2 tons)

Source: IndexBox Market Intelligence Platform