Alloy Steel Powders Price in Ethiopia - 2022
Contents:
Alloy Steel Powders Price in Ethiopia (CIF) - 2022
The average alloy steel powders import price stood at $5,718 per ton in 2022, falling by -18.8% against the previous year. In general, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2014 an increase of 65%. The import price peaked at $24,978 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +10.7% per year.
Alloy Steel Powders Imports in Ethiopia
After three years of growth, purchases abroad of alloy steel powderses decreased by -92.1% to 202 kg in 2022. Overall, imports showed a sharp decline. The pace of growth appeared the most rapid in 2020 when imports increased by 167%.
In value terms, alloy steel powders imports shrank dramatically to $1.2K in 2022. Over the period under review, imports continue to indicate a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 102%. As a result, imports reached the peak of $39K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Alloy Steel Powders in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.4 | 1.3 | 0.6 | 1.2 | 44.2% |
| China | 17.6 | 34.8 | 7.3 | N/A | -35.6% |
| United Kingdom | N/A | N/A | 9.3 | N/A | 0% |
| India | 0.5 | 0.8 | 0.2 | N/A | -36.8% |
| United Arab Emirates | 0.9 | 2.1 | 0.6 | N/A | -18.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 19.3 | 39.0 | 18.0 | 1.2 | -60.4% |
Top Suppliers of Alloy Steel Powders to Ethiopia in 2022:
- United States (202.0 kg)
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