Phenols; Phenol-Alcohols Price in Ethiopia - 2022
Contents:
Phenols; Phenol-Alcohols Price in Ethiopia (CIF) - 2022
In 2022, the average phenols; phenol-alcohols import price amounted to $10,381 per ton, picking up by 48% against the previous year. Over the period under review, the import price posted a remarkable increase. The most prominent rate of growth was recorded in 2015 an increase of 117% against the previous year. Over the period under review, average import prices reached the maximum at $11,604 per ton in 2017; however, from 2018 to 2022, import prices remained at a lower figure.
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 India ($11,949 per ton), while the price for Spain ($4,953 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 (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Phenols; Phenol-Alcohols Imports in Ethiopia
In 2022, approx. 6.9 tons of phenols; phenol-alcoholses were imported into Ethiopia; growing by 515% compared with the year before. Over the period under review, imports, however, continue to indicate a mild shrinkage.
In value terms, phenols; phenol-alcohols imports skyrocketed to $72K in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Phenols; Phenol-Alcohols in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 22.6 | 25.9 | 1.3 | 50.4 | 30.6% |
| Spain | 5.7 | 5.9 | 1.5 | 7.6 | 10.1% |
| China | 0.3 | 0.9 | 0.6 | 4.7 | 150.2% |
| Germany | 0.6 | 0.4 | 0.2 | 2.0 | 49.4% |
| Belgium | 0.2 | 0.3 | 0.1 | N/A | -29.3% |
| Turkey | 7.7 | 11.8 | 3.2 | N/A | -35.5% |
| Others | 3.8 | 2.7 | 1.0 | 7.2 | 23.7% |
| Total | 40.8 | 48.0 | 7.9 | 71.9 | 20.8% |
Top Suppliers of Phenols; Phenol-Alcohols to Ethiopia in 2022:
- India (4.2 tons)
- Spain (1.5 tons)
- China (0.8 tons)
- Germany (0.2 tons)
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