Price for Zinc; Bars, Rods, Profiles and Wire in Ethiopia - 2022

Contents:

  1. Price for Zinc; Bars, Rods, Profiles and Wire in Ethiopia (CIF) - 2022
  2. 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)
COUNTRY2019202020212022CAGR,
2019-2022
China1.52.20.26.865.5%
Italy0.73.60.93.875.7%
Others0.20.30.10.20.0%
Total2.46.11.210.865.1%

Top Suppliers of Zinc; Bars, Rods, Profiles and Wire to Ethiopia in 2022:

  1. China (2.6 tons)
  2. Italy (0.5 tons)

Source: IndexBox Market Intelligence Platform

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