Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Ethiopia - 2021
Contents:
- Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Ethiopia (CIF) - 2022
- Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Ethiopia
Price for Cyclic Hydrocarbons; Mixed Xylene Isomers in Ethiopia (CIF) - 2022
In 2022, the average import price for cyclic hydrocarbons; mixed xylene isomerses amounted to $1,210 per ton, increasing by 15% against the previous year. Over the period under review, the import price, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2019 an increase of 37%. The import price peaked at $1,850 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($1,217 per ton), while the price for the United Arab Emirates stood at $1,206 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Cyclic Hydrocarbons; Mixed Xylene Isomers in Ethiopia
In 2022, the amount of cyclic hydrocarbons; mixed xylene isomerses imported into Ethiopia expanded markedly to 90 tons, with an increase of 9.6% compared with the previous year's figure. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.9% 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 decreased by -8.1% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 65%. As a result, imports attained the peak of 98 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, cyclic hydrocarbons; mixed xylene isomers imports skyrocketed to $109K in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.1% 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 decreased by -17.2% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 84%. As a result, imports reached the peak of $132K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Cyclic Hydrocarbons; Mixed Xylene Isomers in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 56.1 | 64.5 | 57.7 | 75.2 | 10.3% |
| Taiwan (Chinese) | 13.1 | 26.4 | 28.2 | 34.0 | 37.4% |
| China | N/A | 30.3 | N/A | N/A | 0% |
| Others | 2.4 | 10.6 | 0.7 | N/A | -46.0% |
| Total | 71.6 | 132 | 86.5 | 109 | 15.0% |
Top Suppliers of Cyclic Hydrocarbons; Mixed Xylene Isomers to Ethiopia in 2022:
- United Arab Emirates (62.3 tons)
- Taiwan (Chinese) (27.9 tons)
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