Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Ethiopia - 2022
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Ethiopia (CIF) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Ethiopia
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Ethiopia (CIF) - 2022
In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses amounted to $1,674 per ton, reducing by -28.2% against the previous year. Overall, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2015 an increase of 47%. The import price peaked at $3,901 per ton in 2012; however, from 2013 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 China.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to -3.4% per year.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Ethiopia
Imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses into Ethiopia skyrocketed to 26 tons in 2022, growing by 20% against the previous year's figure. Over the period under review, imports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 997%. As a result, imports reached the peak of 127 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension is 7mm or lesses contracted to $43K in 2022. In general, imports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 1,159% against the previous year. As a result, imports reached the peak of $316K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.5 | 63.2 | 6.7 | 43.1 | 206.3% |
| India | 0.9 | 8.6 | 1.4 | N/A | 24.7% |
| Egypt | 1.1 | 10.7 | 1.5 | N/A | 16.8% |
| Italy | 7.8 | 95.7 | 18.9 | N/A | 55.7% |
| Turkey | 2.0 | 25.1 | 4.2 | N/A | 44.9% |
| Bahrain | 11.4 | 109 | 16.9 | N/A | 21.8% |
| Others | 0.4 | 3.5 | 0.5 | 0.1 | -37.0% |
| Total | 25.1 | 316 | 50.0 | 43.2 | 19.8% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Is 7mm or Less to Ethiopia in 2022:
- China (25.8 tons)
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