Price for Sodium Sulphates; Disodium Sulphate in Ethiopia - 2022
Contents:
- Price for Sodium Sulphates; Disodium Sulphate in Ethiopia (CIF) - 2022
- Imports of Sodium Sulphates; Disodium Sulphate in Ethiopia
Price for Sodium Sulphates; Disodium Sulphate in Ethiopia (CIF) - 2022
In 2022, the average sodium sulphates; disodium sulphate import price amounted to $315 per ton, growing by 7.3% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, sodium sulphates; disodium sulphate import price increased by +117.4% against 2018 indices. The most prominent rate of growth was recorded in 2019 an increase of 29%. The import price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($442 per ton), while the price for Indonesia ($100 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.1%), while the prices for the other major suppliers experienced a decline.
Imports of Sodium Sulphates; Disodium Sulphate in Ethiopia
In 2022, the amount of sodium sulphates; disodium sulphates imported into Ethiopia soared to 12K tons, rising by 32% compared with the previous year. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.1% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 59% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, sodium sulphates; disodium sulphate imports surged to $3.7M in 2022. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 95% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Sodium Sulphates; Disodium Sulphate in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 29.2 | 102 | 1,257 | 2,036 | 311.6% |
| India | 40.0 | 67.4 | 235 | 1,070 | 199.1% |
| China | 939 | 2,053 | 921 | 488 | -19.6% |
| Indonesia | 127 | 40.1 | 130 | 118 | -2.4% |
| Others | 91.3 | 128 | 86.9 | N/A | -2.4% |
| Total | 1,226 | 2,390 | 2,629 | 3,713 | 44.7% |
Top Suppliers of Sodium Sulphates; Disodium Sulphate to Ethiopia in 2022:
- Spain (4.6K tons)
- India (3.7K tons)
- China (2.3K tons)
- Indonesia (1.2K tons)
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