Price for Chain; Articulated Link, Roller, of Iron or Steel in Ethiopia - 2022
Contents:
- Price for Chain; Articulated Link, Roller, of Iron or Steel in Ethiopia (CIF) - 2022
- Imports of Chain; Articulated Link, Roller, of Iron or Steel in Ethiopia
Price for Chain; Articulated Link, Roller, of Iron or Steel in Ethiopia (CIF) - 2022
In 2022, the average import price for chain; articulated link, roller, of iron or steel amounted to $4,343 per ton, shrinking by -31.2% against the previous year. In general, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 45% against the previous year. The import price peaked at $8,900 per ton in 2020; however, from 2021 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 Germany ($53,308 per ton), while the price for China ($3,514 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Chain; Articulated Link, Roller, of Iron or Steel in Ethiopia
In 2022, the amount of chain; articulated link, roller, of iron or steel imported into Ethiopia surged to 173 tons, growing by 106% compared with the previous year's figure. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of chain; articulated link, roller, of iron or steel skyrocketed to $751K in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +9.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Chain; Articulated Link, Roller, of Iron or Steel in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 176 | 98.1 | 145 | 435 | 35.2% |
| India | 37.1 | 72.7 | 175 | 230 | 83.7% |
| Germany | 112 | 256 | 26.6 | 75.4 | -12.4% |
| France | 108 | 2.8 | 1.2 | 0.1 | -90.3% |
| Japan | 59.3 | 0.6 | 4.4 | N/A | -72.8% |
| Netherlands | 24.4 | 34.3 | 79.6 | N/A | 80.6% |
| Others | 55.4 | 38.8 | 97.3 | 10.4 | -42.7% |
| Total | 573 | 503 | 530 | 751 | 9.4% |
Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Ethiopia in 2022:
- China (123.9 tons)
- India (46.7 tons)
- Germany (1.4 tons)
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