Semi-Chemical Fluting Price in Ethiopia - 2022
Contents:
Semi-Chemical Fluting Price in Ethiopia (CIF) - 2022
The average semi-chemical fluting import price stood at $935 per ton in 2022, jumping by 21% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, semi-chemical fluting import price increased by +77.8% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 22% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Qatar ($1,152 per ton), while the price for Saudi Arabia ($604 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Qatar (+29.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Semi-Chemical Fluting Imports in Ethiopia
For the third consecutive year, Ethiopia recorded decline in purchases abroad of semi-chemical fluting, which decreased by -58.2% to 2.2K tons in 2022. Overall, imports saw a sharp decline. The smallest decline of -8.1% was in 2020.
In value terms, semi-chemical fluting imports contracted remarkably to $2M in 2022. Over the period under review, imports continue to indicate a significant curtailment. The smallest decline of -8% was in 2020.
Import of Semi-Chemical Fluting in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 491 | 185 | 386 | 872 | 21.1% |
Qatar | 26.9 | N/A | N/A | 703 | 196.8% |
South Africa | 627 | 2,688 | 1,412 | 257 | -25.7% |
United Arab Emirates | 504 | N/A | N/A | 82.8 | -45.2% |
Saudi Arabia | 3,856 | 1,233 | 1,963 | 70.4 | -73.7% |
China | 1,048 | 1,684 | 166 | 29.6 | -69.5% |
Others | 404 | 610 | 70.3 | N/A | -58.3% |
Total | 6,956 | 6,400 | 3,997 | 2,015 | -33.8% |
Top Suppliers of Semi-Chemical Fluting to Ethiopia in 2022:
- India (1021.2 tons)
- Qatar (610.0 tons)
- South Africa (283.6 tons)
- Saudi Arabia (116.5 tons)
- United Arab Emirates (95.6 tons)
- China (29.1 tons)
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