Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Ethiopia - 2022
Contents:
- Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Ethiopia (CIF) - 2022
- Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Ethiopia
Price for Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Ethiopia (CIF) - 2022
In 2022, the average import price for petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s amounted to $4,616 per ton, with an increase of 166% against the previous year. Overall, the import price continues to indicate perceptible growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($4,885 per ton), while the price for India stood at $4,246 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (+19.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Ethiopia
In 2022, after two years of decline, there was significant growth in purchases abroad of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s, when their volume increased by 863% to 574 tons. Overall, imports, however, faced a significant decrease.
In value terms, imports of petroleum spirit for motor vehicles **LEGACY NON-WCO CODE**s skyrocketed to $2.7M in 2022. Over the period under review, imports showed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 8.0 | 0.2 | 0.1 | 1,616 | 486.7% |
| India | 16.1 | 4.3 | 1.5 | 1,033 | 300.3% |
| Uganda | 313 | 74.9 | 25.9 | N/A | -71.2% |
| Sudan | 1,347 | 268 | 67.6 | N/A | -77.6% |
| Others | 31.7 | 7.9 | 8.5 | 2.0 | -60.2% |
| Total | 1,716 | 355 | 104 | 2,651 | 15.6% |
Top Suppliers of Petroleum Spirit for Motor Vehicles **LEGACY NON-WCO CODE** to Ethiopia in 2022:
- United Arab Emirates (330.9 tons)
- India (243.3 tons)
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