Metals; Silver Powder Price in Ethiopia - 2022
Contents:
Metals; Silver Powder Price in Ethiopia (CIF) - 2022
The average metals; silver powder import price stood at $665,511 per ton in 2022, rising by 56% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, metals; silver powder import price decreased by -17.4% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 122%. Over the period under review, average import prices attained the peak figure at $805,505 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +1.6% per year.
Metals; Silver Powder Imports in Ethiopia
In 2022, the amount of metals; silver powder imported into Ethiopia skyrocketed to 995 kg, surging by 108% compared with 2021. In general, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 142%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, metals; silver powder imports soared to $662K in 2022. Over the period under review, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Metals; Silver Powder in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 139 | 159 | 204 | 662 | 68.2% |
| Sri Lanka | N/A | N/A | 0.5 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 139 | 159 | 204 | 662 | 68.2% |
Top Suppliers of Metals; Silver Powder to Ethiopia in 2022:
- United Arab Emirates (995.0 kg)
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