Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Ethiopia - 2022
Contents:
- Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Ethiopia (CIF) - 2022
- Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Ethiopia
Price for Colouring Matter; Ultramarine and Preparations Based Thereon in Ethiopia (CIF) - 2022
In 2022, the average import price for colouring matter; ultramarine and preparations based therea amounted to $1,236 per ton, reducing by -4.7% against the previous year. Overall, the import price, however, recorded modest growth. The growth pace was the most rapid in 2016 an increase of 40% against the previous year. The import price peaked at $2,401 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($6,457 per ton), while the price for Sudan stood at $1,086 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sudan (+3.8%).
Imports of Colouring Matter; Ultramarine and Preparations Based Thereon in Ethiopia
In 2022, overseas purchases of colouring matter; ultramarine and preparations based therea decreased by -0.3% to 202 tons, falling for the second consecutive year after two years of growth. In general, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 183%. As a result, imports reached the peak of 204 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of colouring matter; ultramarine and preparations based therea reduced slightly to $250K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.7% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 60% against the previous year. As a result, imports reached the peak of $277K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Colouring Matter; Ultramarine and Preparations Based Thereon in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sudan | 63.3 | 228 | 210 | 213 | 49.9% |
| Spain | 20.1 | 45.3 | 34.2 | 28.4 | 12.2% |
| Others | 89.2 | 3.8 | 18.9 | 8.8 | -53.8% |
| Total | 173 | 277 | 263 | 250 | 13.1% |
Top Suppliers of Colouring Matter; Ultramarine and Preparations Based Thereon to Ethiopia in 2022:
- Sudan (196.0 tons)
- Spain (4.4 tons)
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