Price for Zinc; Bars, Rods, Profiles and Wire in Ethiopia - 2022
Contents:
- Price for Zinc; Bars, Rods, Profiles and Wire in Ethiopia (CIF) - 2022
- Imports of Zinc; Bars, Rods, Profiles and Wire in Ethiopia
Price for Zinc; Bars, Rods, Profiles and Wire in Ethiopia (CIF) - 2022
The average import price for zinc; bars, rods, profiles and wires stood at $3,484 per ton in 2022, dropping by -33.4% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 79% against the previous year. Over the period under review, average import prices reached the peak figure at $7,611 per ton in 2020; however, from 2021 to 2022, 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 the United Arab Emirates ($13,000 per ton), while the price for China ($2,631 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Zinc; Bars, Rods, Profiles and Wire in Ethiopia
In 2022, imports of zinc; bars, rods, profiles and wires into Ethiopia skyrocketed to 3.1 tons, jumping by 1,299% compared with the previous year's figure. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of zinc; bars, rods, profiles and wires soared to $11K in 2022. Overall, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Zinc; Bars, Rods, Profiles and Wire in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.5 | 2.2 | 0.2 | 6.8 | 65.5% |
Italy | 0.7 | 3.6 | 0.9 | 3.8 | 75.7% |
Others | 0.2 | 0.3 | 0.1 | 0.2 | 0.0% |
Total | 2.4 | 6.1 | 1.2 | 10.8 | 65.1% |
Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Ethiopia in 2022:
- China (2.6 tons)
- Italy (0.5 tons)
In value terms, zinc bars, rods, profiles and wire imports amounted to $X in 2016. Overall, zinc bars, rods, profiles and wire imports continue to indicate a drastic decline. Over the period under ...
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