Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Ethiopia - 2022

Contents:

  1. Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Ethiopia (CIF) - 2022
  2. Imports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Ethiopia

Price for Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Ethiopia (CIF) - 2022

In 2022, the average import price for metal-rolling mills; hot or combination hot and cold rolling millses amounted to $20,567 per unit, falling by -20.1% against the previous year. Overall, the import price, however, continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 113%. The import price peaked at $57,087 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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 India ($22,036 per unit), while the price for Italy ($3,040 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+33.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Ethiopia

Imports of metal-rolling mills; hot or combination hot and cold rolling millses into Ethiopia reduced notably to 67 units in 2022, which is down by -24.7% on 2021. In general, imports showed a abrupt contraction. The growth pace was the most rapid in 2021 when imports increased by 6% against the previous year. Over the period under review, imports of hit record highs at 102 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of metal-rolling mills; hot or combination hot and cold rolling millses reduced dramatically to $1.4M in 2022. Over the period under review, imports faced a precipitous contraction. The smallest decline of -27.5% was in 2021. Over the period under review, imports of attained the maximum at $5.8M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3431.21901,01443.5%
Taiwan (Chinese)19386.010925810.2%
Turkey2762,0831,92862.1-39.2%
China5,00098443.332.1-81.4%
Italy11.33.64.29.1-7.0%
OthersN/AN/A15.02.8-81.3%
Total5,8233,1582,2901,378-38.1%

Top Suppliers of Metal-Rolling Mills; Hot or Combination Hot and Cold Rolling Mills to Ethiopia in 2022:

  1. India (46.0 units)
  2. Taiwan (Chinese) (13.0 units)
  3. Turkey (3.0 units)
  4. Italy (3.0 units)
  5. China (2.0 units)

Source: IndexBox Market Intelligence Platform

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