Price for Dyes; Pigments and Preparations Based Thereon in Ethiopia - 2022
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Ethiopia (CIF) - 2022
- Price for Dyes; Pigments and Preparations Based Thereon in Ethiopia (FOB) - 2022
- Imports of Dyes; Pigments and Preparations Based Thereon in Ethiopia
- Exports of Dyes; Pigments and Preparations Based Thereon in Ethiopia
Price for Dyes; Pigments and Preparations Based Thereon in Ethiopia (CIF) - 2022
In 2022, the average import price for dyes; pigments and preparations based therea amounted to $4,636 per ton, increasing by 33% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for dyes; pigments and preparations based therea increased by +63.1% against 2019 indices. The pace of growth was the most pronounced in 2017 an increase of 38%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.
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 South Africa ($11,980 per ton), while the price for Vietnam ($1,556 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Dyes; Pigments and Preparations Based Thereon in Ethiopia (FOB) - 2022
In 2022, the average export price for dyes; pigments and preparations based therea amounted to $22,000 per ton, waning by -4.3% against the previous year. In general, the export price, however, continues to indicate a buoyant expansion. Over the period under review, the average export prices reached the maximum at $23,000 per ton in 2021, and then dropped slightly in the following year.
As there is only one major export destination, the average price level is determined by prices for Nigeria.
From 2014 to 2022, the rate of growth in terms of prices for Nigeria amounted to 0.0% per year.
Imports of Dyes; Pigments and Preparations Based Thereon in Ethiopia
In 2022, approx. 1.1K tons of dyes; pigments and preparations based therea were imported into Ethiopia; with a decrease of -41.8% on 2021. Overall, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 90%.
In value terms, imports of dyes; pigments and preparations based therea declined markedly to $5.2M in 2022. In general, imports continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 70% against the previous year. As a result, imports attained the peak of $6.8M, and then fell significantly in the following year.
Import of Dyes; Pigments and Preparations Based Thereon in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1,285 | 890 | 2,488 | 2,251 | 20.5% |
India | 3,308 | 2,230 | 3,183 | 1,817 | -18.1% |
United Arab Emirates | 822 | 162 | 149 | 360 | -24.1% |
South Africa | 31.9 | 72.2 | 7.5 | 243 | 96.8% |
Turkey | 47.6 | 19.6 | 113 | 220 | 66.6% |
Vietnam | 67.2 | 72.0 | 173 | 65.4 | -0.9% |
Others | 674 | 531 | 638 | 270 | -26.3% |
Total | 6,236 | 3,978 | 6,753 | 5,226 | -5.7% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Ethiopia in 2022:
- China (481.8 tons)
- India (350.5 tons)
- United Arab Emirates (105.1 tons)
- Turkey (85.9 tons)
- Vietnam (42.0 tons)
- South Africa (20.3 tons)
Exports of Dyes; Pigments and Preparations Based Thereon in Ethiopia
In 2022, exports of dyes; pigments and preparations based therea from Ethiopia fell significantly to 1 kg, with a decrease of -50% compared with the previous year's figure. Over the period under review, exports showed a dramatic shrinkage.
In value terms, exports of dyes; pigments and preparations based therea contracted notably to $22 in 2022. In general, exports continue to indicate a dramatic contraction.
Export of Dyes; Pigments and Preparations Based Thereon in Ethiopia (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
Nigeria | N/A | 22.0 | 0% | ||
Germany | 1.0 | N/A | 0% | ||
Israel | 45.0 | N/A | 0% | ||
Others | N/A | N/A | 0% | ||
Total | 46.0 | 22.0 | -52.2% |
Top Export Markets for Dyes; Pigments and Preparations Based Thereon from Ethiopia in 2022:
- Nigeria (1.0 kg)
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