Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Ethiopia - 2022
Contents:
- Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Ethiopia (CIF) - 2022
- Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Ethiopia
Price for Articles of Precious Metal or of Metal Clad with Precious Metal in Ethiopia (CIF) - 2022
The average import price for articles of precious metal or of metal clad with precious metal stood at $6,993 per ton in 2022, declining by -80.1% against the previous year. In general, the import price faced a precipitous shrinkage. The most prominent rate of growth was recorded in 2014 when the average import price increased by 137%. Over the period under review, average import prices attained the peak figure at $71,312 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 India.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -4.9% per year.
Imports of Articles of Precious Metal or of Metal Clad with Precious Metal in Ethiopia
In 2022, imports of articles of precious metal or of metal clad with precious metal into Ethiopia skyrocketed to 1.1 tons, with an increase of 159% on the previous year's figure. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,329%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, imports of articles of precious metal or of metal clad with precious metal dropped dramatically to $7.7K in 2022. Over the period under review, imports showed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,141% against the previous year.
| Import of Articles of Precious Metal or of Metal Clad with Precious Metal in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 0.3 | 0.4 | 6.3 | 358.3% |
| China | N/A | 3.9 | 0.7 | N/A | -82.1% |
| Switzerland | N/A | 1.4 | N/A | N/A | 0% |
| Germany | 0.1 | 1.2 | 6.4 | N/A | 700.0% |
| United Kingdom | 0.6 | 3.9 | 3.1 | N/A | 127.3% |
| Others | 0.5 | 3.9 | 4.4 | 1.5 | 44.2% |
| Total | 1.2 | 14.6 | 15.0 | 7.7 | 85.8% |
Top Suppliers of Articles of Precious Metal or of Metal Clad with Precious Metal to Ethiopia in 2022:
- India (1098.0 kg)
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