Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Ethiopia - 2022

Contents:

1. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Ethiopia (CIF) - 2022
2. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Ethiopia (FOB) - 2022
3. Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Ethiopia
4. Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Ethiopia

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Ethiopia (CIF) - 2022

The average import price for containers for compressed or liquefied gas, of iron or steel stood at $37 per unit in 2022, surging by 30% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 164%. As a result, import price attained the peak level of $91 per unit. From 2021 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($154 per unit), while the price for Kenya ($16 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malawi (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Ethiopia (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of iron or steel stood at $34 per unit in 2022, growing by 66% against the previous year. In general, the export price showed a noticeable expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 399% against the previous year. As a result, the export price attained the peak level of $114 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($203 per unit), while the average price for exports to Qatar ($9.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+39.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Ethiopia

Imports of containers for compressed or liquefied gas, of iron or steel into Ethiopia shrank to 90K units in 2022, which is down by -9.8% on 2021 figures. Overall, imports recorded a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 87% against the previous year. Over the period under review, imports of reached the maximum at 192K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel surged to $3.3M in 2022. Over the period under review, imports saw a sharp descent. Imports peaked at $6.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Ethiopia in 2022:

1. China (52.6K units)
2. Thailand (14.1K units)
3. United Arab Emirates (6.4K units)
4. India (4.8K units)
5. Turkey (4.4K units)
6. United States (3.2K units)
7. Kenya (2.9K units)

Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Ethiopia

In 2022, after three years of growth, there was significant decline in overseas shipments of containers for compressed or liquefied gas, of iron or steel, when their volume decreased by -49.5% to 1.7K units. Overall, exports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 43%. The exports peaked at 3.4K units in 2021, and then dropped remarkably in the following year.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel reduced notably to $57K in 2022. In general, exports showed a sharp downturn. Over the period under review, the exports of hit record highs at $211K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Ethiopia in 2022:

1. United Arab Emirates (1461.0 units)
2. France (189.0 units)
3. Qatar (35.0 units)

Source: IndexBox Market Intelligence Platform