Price for Chromium Oxides and Hydroxides in Ethiopia - 2022
Contents:
- Price for Chromium Oxides and Hydroxides in Ethiopia (CIF) - 2022
- Imports of Chromium Oxides and Hydroxides in Ethiopia
Price for Chromium Oxides and Hydroxides in Ethiopia (CIF) - 2022
The average chromium oxides and hydroxides import price stood at $1,754 per ton in 2022, waning by -9.6% against the previous year. Overall, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 65% against the previous year. As a result, import price attained the peak level of $6,818 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($11,157 per ton), while the price for South Africa ($1,055 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.3%), while the prices for the other major suppliers experienced a decline.
Imports of Chromium Oxides and Hydroxides in Ethiopia
In 2022, approx. 37 tons of chromium oxides and hydroxideses were imported into Ethiopia; growing by 139% compared with the previous year. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 579% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, chromium oxides and hydroxides imports surged to $64K in 2022. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 544%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Import of Chromium Oxides and Hydroxides in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | N/A | N/A | 33.0 | 0% |
| China | N/A | 40.8 | N/A | 24.5 | -22.5% |
| Turkey | N/A | N/A | N/A | 6.3 | 0% |
| India | 9.5 | 20.3 | 29.1 | 0.3 | -68.4% |
| Others | N/A | N/A | 0.5 | N/A | 0% |
| Total | 9.5 | 61.0 | 29.7 | 64.2 | 89.1% |
Top Suppliers of Chromium Oxides and Hydroxides to Ethiopia in 2022:
- South Africa (31.3 tons)
- Turkey (2.9 tons)
- China (2.2 tons)
- India (0.2 tons)
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This report provides an in-depth analysis of the market for chromium, manganese, lead and copper oxide and hydroxide in Ethiopia.
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This report provides an in-depth analysis of the global market for chromium, manganese, lead and copper oxide and hydroxide.
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1359
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