Silicates; Sodium Metasilicates Price in Ethiopia - 2022
Contents:
- Silicates; Sodium Metasilicates Price in Ethiopia (CIF) - 2022
- Silicates; Sodium Metasilicates Imports in Ethiopia
Silicates; Sodium Metasilicates Price in Ethiopia (CIF) - 2022
The average silicates; sodium metasilicates import price stood at $295 per ton in 2022, which is down by -3.9% against the previous year. In general, the import price recorded a noticeable reduction. The pace of growth was the most pronounced in 2014 an increase of 77% against the previous year. As a result, import price attained the peak level of $639 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($497 per ton), while the price for Egypt ($267 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+24.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Silicates; Sodium Metasilicates Imports in Ethiopia
In 2022, silicates; sodium metasilicates imports into Ethiopia surged to 1.4K tons, with an increase of 26% against the previous year. In general, imports saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 256% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, silicates; sodium metasilicates imports soared to $425K in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 214%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Silicates; Sodium Metasilicates in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 23.2 | 292 | 160 | 195 | 103.3% |
| Pakistan | N/A | N/A | N/A | 150 | 0% |
| China | 15.9 | 41.4 | 187 | 73.2 | 66.4% |
| India | 67.2 | 0.3 | 4.3 | N/A | -74.7% |
| Others | N/A | N/A | N/A | 6.9 | 0% |
| Total | 106 | 334 | 351 | 425 | 58.9% |
Top Suppliers of Silicates; Sodium Metasilicates to Ethiopia in 2022:
- Egypt (729.0 tons)
- Pakistan (560.0 tons)
- China (147.3 tons)
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