Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Ethiopia - 2022
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Ethiopia (CIF) - 2022
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Ethiopia
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Ethiopia (CIF) - 2022
In 2022, the average import price for silicates; of sodium (excluding sodium metasilicates)s amounted to $474 per ton, growing by 22% against the previous year. In general, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 when the average import price increased by 50%. As a result, import price reached the peak level of $639 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($643 per ton), while the price for India ($178 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Ethiopia
In 2022, the amount of silicates; of sodium (excluding sodium metasilicates)s imported into Ethiopia declined significantly to 2.1K tons, which is down by -60.8% on 2021 figures. Overall, imports faced a dramatic decrease. The growth pace was the most rapid in 2021 with an increase of 61% against the previous year. As a result, imports reached the peak of 5.2K tons, and then fell significantly in the following year.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s contracted remarkably to $972K in 2022. Over the period under review, imports recorded a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 54%.
| Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 60.9 | 88.2 | 979 | 723 | 128.1% |
| China | 2,252 | 746 | 206 | 147 | -59.7% |
| Egypt | 323 | 235 | 400 | 68.8 | -40.3% |
| India | 16.1 | 13.4 | 81.7 | 12.3 | -8.6% |
| Saudi Arabia | 54.8 | 146 | 234 | N/A | 106.6% |
| Others | 18.2 | 89.5 | 134 | 20.7 | 4.4% |
| Total | 2,724 | 1,319 | 2,034 | 972 | -29.1% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Ethiopia in 2022:
- Kenya (1489.0 tons)
- Egypt (243.0 tons)
- China (228.9 tons)
- India (69.2 tons)
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