Price for Cells and Batteries; Lithium in Ethiopia - 2022
Contents:
- Price for Cells and Batteries; Lithium in Ethiopia (CIF) - 2022
- Price for Cells and Batteries; Lithium in Ethiopia (FOB) - 2022
- Imports of Cells and Batteries; Lithium in Ethiopia
- Exports of Cells and Batteries; Lithium in Ethiopia
Price for Cells and Batteries; Lithium in Ethiopia (CIF) - 2022
The average cells and batteries; lithium import price stood at $5.6 per unit in 2022, picking up by 7.3% against the previous year. Over the period under review, the import price, however, continues to indicate a deep slump. The pace of growth appeared the most rapid in 2021 an increase of 167% against the previous year. The import price peaked at $12 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 United States ($15 per unit), while the price for China totaled $6.4 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+0.2%), while the prices for the other major suppliers experienced a decline.
Price for Cells and Batteries; Lithium in Ethiopia (FOB) - 2022
In 2022, the average cells and batteries; lithium export price amounted to $32 per unit, dropping by -23.5% against the previous year. Over the period under review, the export price saw a noticeable setback. The growth pace was the most rapid in 2020 an increase of 84% against the previous year. Over the period under review, the average export prices reached the maximum at $46 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Kenya.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +4.2% per year.
Imports of Cells and Batteries; Lithium in Ethiopia
Cells and batteries; lithium imports into Ethiopia surged to 560K units in 2022, picking up by 753% against the year before. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cells and batteries; lithium imports skyrocketed to $3.2M in 2022. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cells and Batteries; Lithium in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 374 | 27.3 | 89.0 | 2,896 | 97.8% |
| United States | 107 | 4.4 | 139 | 173 | 17.4% |
| United Arab Emirates | 101 | 0.2 | 1.0 | 27.2 | -35.4% |
| Others | 113 | 59.2 | 116 | 60.1 | -19.0% |
| Total | 696 | 91.2 | 345 | 3,156 | 65.5% |
Top Suppliers of Cells and Batteries; Lithium to Ethiopia in 2022:
- China (451.3K units)
- United States (11.8K units)
- United Arab Emirates (4.7K units)
Exports of Cells and Batteries; Lithium in Ethiopia
In 2022, approx. 5 units of cells and batteries; lithia were exported from Ethiopia; with a decrease of -99.3% on 2021. Overall, exports faced a sharp setback. The growth pace was the most rapid in 2021 with an increase of 2,379% against the previous year. The exports peaked at 993 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, cells and batteries; lithium exports dropped markedly to $162 in 2022. Over the period under review, exports showed a precipitous descent. The growth pace was the most rapid in 2021 when exports increased by 2,355% against the previous year. As a result, the exports reached the peak of $30K, and then shrank dramatically in the following year.
| Export of Cells and Batteries; Lithium in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 9.0 | 0.2 | 1.2 | 0.2 | -71.9% |
| Malawi | 12.4 | 1.0 | 27.7 | N/A | 49.5% |
| Nigeria | 0.6 | 0.1 | 0.7 | N/A | 8.0% |
| Djibouti | 1.1 | N/A | 0.8 | N/A | -14.7% |
| Cote d'Ivoire | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 23.1 | 1.2 | 30.5 | 0.2 | -79.5% |
Top Export Markets for Cells and Batteries; Lithium from Ethiopia in 2022:
- Kenya (5.0 units)
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