Price for Carboxyimide-function compounds (including saccharin and its salts) and imine-function compounds in Ethiopia - 2022

Contents:

  1. Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Ethiopia (CIF) - 2022
  2. Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Ethiopia

Price for Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Ethiopia (CIF) - 2022

In 2022, the average import price for carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses amounted to $10,239 per ton, with an increase of 61% against the previous year. In general, the import price continues to indicate a moderate increase. The growth pace was the most rapid in 2021 an increase of 81% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($11,793 per ton), while the price for Turkey ($8,782 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.3%).

Imports of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Ethiopia

In 2022, approx. 19 tons of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses were imported into Ethiopia; surging by 24% compared with 2021 figures. In general, imports, however, saw a deep contraction. The pace of growth was the most pronounced in 2020 when imports increased by 58% against the previous year. As a result, imports reached the peak of 48 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of carboxyimide-function compounds (including saccharin and its salts) and imine-function compoundses soared to $198K in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India36.610154.013755.3%
TurkeyN/AN/AN/A35.10%
China11730.239.522.9-41.9%
South KoreaN/A31.2N/AN/A0%
Others3.06.25.62.8-2.3%
Total15616999.21988.3%

Top Suppliers of Carboxyimide-Function Compounds (Including Saccharin and Its Salts) and Imine-Function Compounds to Ethiopia in 2022:

  1. India (13.3 tons)
  2. Turkey (4.0 tons)
  3. China (1.9 tons)

Source: IndexBox Market Intelligence Platform

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