Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Ethiopia - 2022
Contents:
- Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Ethiopia (CIF) - 2022
- Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Ethiopia
Price for Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Ethiopia (CIF) - 2022
The average import price for iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s stood at $10,688 per ton in 2022, standing approx. at the previous year. In general, the import price showed a resilient increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 130% against the previous year. Over the period under review, average import prices attained the peak figure at $16,418 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +26.7% per year.
Imports of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Ethiopia
Imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s into Ethiopia stood at 32 kg in 2022, therefore, remained relatively stable against 2021 figures. In general, imports showed a precipitous slump. The smallest decline of -99.9% was in 2020.
In value terms, imports of iron or non-alloy steel; ingots (excluding iron of heading no. 7203)s totaled $342 in 2022. Over the period under review, imports saw a sharp slump. The smallest decline of -99.8% was in 2020.
| Import of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) in Ethiopia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 5.1 | N/A | N/A | N/A | 0% |
| China | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.1 | N/A | N/A | N/A | 0% |
Top Suppliers of Iron or Non-Alloy Steel; Ingots (Excluding Iron of Heading No. 7203) to Ethiopia in 2022:
- China (32.0 kg)
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