Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ethiopia - 2022

Contents:

  1. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ethiopia (CIF) - 2022
  2. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ethiopia (FOB) - 2022
  3. Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ethiopia
  4. Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ethiopia

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ethiopia (CIF) - 2022

In 2022, the average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $3,454 per ton, dropping by -4.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The growth pace was the most rapid in 2021 an increase of 21% against the previous year. As a result, import price reached the peak level of $3,615 per ton, and then reduced modestly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($5,314 per ton), while the price for Egypt ($1,491 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ethiopia (FOB) - 2022

In 2022, the average export price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $667 per ton, therefore, remained relatively stable against the previous year. Overall, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2016 when the average export price decreased by -16.7% against the previous year. The export price peaked at $4,500 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Czech Republic.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to -6.2% per year.

Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ethiopia

In 2022, supplies from abroad of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s decreased by -23.3% to 622 tons, falling for the second year in a row after two years of growth. Overall, imports showed a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 50%. As a result, imports reached the peak of 2.7K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s fell notably to $2.1M in 2022. In general, imports saw a dramatic descent. The most prominent rate of growth was recorded in 2020 when imports increased by 55% against the previous year. As a result, imports reached the peak of $8M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,7385,0792,0981,689-14.9%
India1,5951,951429199-50.0%
Germany16829011470.4-25.2%
Egypt96.910858.149.3-20.2%
Japan12812054.138.4-33.1%
United Arab Emirates21015260.237.5-43.7%
Turkey46.415752.627.7-15.8%
Others15911863.536.2-38.9%
Total5,1417,9762,9292,147-25.3%

Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to Ethiopia in 2022:

  1. China (463.9 tons)
  2. India (67.2 tons)
  3. Egypt (33.1 tons)
  4. United Arab Emirates (13.6 tons)
  5. Germany (13.2 tons)
  6. Turkey (12.3 tons)
  7. Japan (11.9 tons)

Exports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ethiopia

In 2022, approx. 15 kg of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s were exported from Ethiopia; leveling off at the previous year's figure. Over the period under review, exports saw a resilient expansion. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s stood at $10 in 2022. In general, exports recorded a deep slump. The smallest decline of 99.9% was in 2021.

Export of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Ethiopia (USD)
COUNTRY202020212022CAGR,
2020-2022
Czech RepublicN/AN/A10.00%
Poland15.0N/AN/A0%
OthersN/AN/AN/A0%
Total15.0N/A10.0-18.4%

Top Export Markets for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) from Ethiopia in 2022:

  1. Czech Republic (15.0 kg)

Source: IndexBox Market Intelligence Platform

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