Chlorides; of Magnesium Price in Ethiopia - 2022
Contents:
Chlorides; of Magnesium Price in Ethiopia (CIF) - 2022
In 2022, the average chlorides; of magnesium import price amounted to $487 per ton, jumping by 49% against the previous year. Overall, the import price showed temperate growth. The growth pace was the most rapid in 2019 when the average import price increased by 88%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.
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 China ($731 per ton), while the price for India ($442 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Chlorides; of Magnesium Imports in Ethiopia
In 2022, purchases abroad of chlorides; of magnesia was finally on the rise to reach 567 tons after two years of decline. Over the period under review, imports, however, saw a sharp contraction.
In value terms, chlorides; of magnesium imports skyrocketed to $276K in 2022. In general, imports, however, showed a abrupt setback.
| Import of Chlorides; of Magnesium in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 193 | 112 | 38.9 | 202 | 1.5% |
| China | N/A | N/A | 0.1 | 50.5 | 50400.0% |
| Netherlands | 136 | 51.5 | 32.1 | 23.0 | -44.7% |
| Germany | 96.8 | N/A | N/A | 0.2 | -87.3% |
| United Kingdom | 55.4 | N/A | N/A | N/A | 0% |
| Others | 0.3 | N/A | 0.4 | 0.5 | 18.6% |
| Total | 482 | 163 | 71.6 | 276 | -17.0% |
Top Suppliers of Chlorides; of Magnesium to Ethiopia in 2022:
- India (457.2 tons)
- China (69.0 tons)
- Netherlands (40.0 tons)
- Germany (0.4 tons)
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In value terms, chlorides, chloride oxides and hydroxides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however...
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In value terms, chlorides, chloride oxides and hydroxides exports amounted to $X in 2016. Overall, it indicated a measured increase from 2007 to 2016: the total exports value increased at an averag...
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