Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ethiopia - 2022

Contents:

1. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ethiopia (CIF) - 2022
2. Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ethiopia (FOB) - 2022
3. Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ethiopia
4. Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ethiopia

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ethiopia (CIF) - 2022

The average import price for balances; of a sensitivity of 5cg or better, with or without weightses stood at $44,983 per ton in 2022, falling by -32.6% against the previous year. Overall, the import price faced a abrupt shrinkage. The growth pace was the most rapid in 2016 when the average import price increased by 199%. Over the period under review, average import prices hit record highs at $140,573 per ton in 2012; however, from 2013 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 Germany ($297,152 per ton), while the price for India ($12,392 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+3.5%), while the prices for the other major suppliers experienced a decline.

Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ethiopia (FOB) - 2022

In 2022, the average export price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $199,000 per ton, declining by -4% against the previous year. In general, the export price, however, showed a pronounced increase. The pace of growth was the most pronounced in 2017 an increase of 72% against the previous year. The export price peaked at $305,000 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($120,000 per ton), while the average price for exports to South Africa ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+2,875.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ethiopia

In 2022, approx. 8.6 tons of balances; of a sensitivity of 5cg or better, with or without weightses were imported into Ethiopia; with an increase of 45% against 2021. Overall, imports enjoyed a resilient expansion. The growth pace was the most rapid in 2020 when imports increased by 124%. As a result, imports reached the peak of 12 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses skyrocketed to $404K in 2022. Over the period under review, imports saw a modest increase. The pace of growth was the most pronounced in 2020 when imports increased by 188%. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Ethiopia in 2022:

1. China (6.6 tons)
2. Italy (0.4 tons)
3. Poland (0.3 tons)
4. United Arab Emirates (0.2 tons)
5. India (0.2 tons)
6. Turkey (0.1 tons)

Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Ethiopia

In 2022, the amount of balances; of a sensitivity of 5cg or better, with or without weightses exported from Ethiopia contracted dramatically to 3 kg, which is down by -50% on 2021 figures. Over the period under review, exports recorded a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 50% against the previous year. As a result, the exports reached the peak of 6 kg, and then reduced notably in the following year.

In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses fell significantly to $198 in 2022. Overall, exports recorded a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 104% against the previous year. As a result, the exports attained the peak of $622, and then dropped markedly in the following year.

Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Ethiopia in 2022:

1. United States (1.0 kg)
2. Cote d'Ivoire (1.0 kg)
3. South Africa (1.0 kg)

Source: IndexBox Market Intelligence Platform