Price for Ethylene Polymers; Waste, Parings and Scrap in Ethiopia - 2022

Contents:

1. Price for Ethylene Polymers; Waste, Parings and Scrap in Ethiopia (FOB) - 2022
2. Price for Ethylene Polymers; Waste, Parings and Scrap in Ethiopia (CIF) - 2022
3. Exports of Ethylene Polymers; Waste, Parings and Scrap in Ethiopia
4. Imports of Ethylene Polymers; Waste, Parings and Scrap in Ethiopia

Price for Ethylene Polymers; Waste, Parings and Scrap in Ethiopia (FOB) - 2022

In 2022, the average export price for ethylene polymers; waste, parings and scraps amounted to $397 per ton, declining by -36.4% against the previous year. Overall, the export price faced a deep contraction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 77%. The export price peaked at $1,447 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Czech Republic.

From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to +15.7% per year.

Price for Ethylene Polymers; Waste, Parings and Scrap in Ethiopia (CIF) - 2022

The average import price for ethylene polymers; waste, parings and scraps stood at $605 per ton in 2022, dropping by -11% against the previous year. Over the period under review, the import price continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by 54% against the previous year. The import price peaked at $1,691 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,332 per ton), while the price for the United States ($362 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+78.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Ethylene Polymers; Waste, Parings and Scrap in Ethiopia

For the third year in a row, Ethiopia recorded decline in overseas shipments of ethylene polymers; waste, parings and scraps, which decreased by -82.6% to 24 tons in 2022. Over the period under review, exports recorded a precipitous shrinkage. The smallest decline of -0.1% was in 2020.

In value terms, exports of ethylene polymers; waste, parings and scraps declined significantly to $9.7K in 2022. Overall, exports saw a dramatic descent. The pace of growth was the most pronounced in 2020 when exports increased by 15%. As a result, the exports attained the peak of $134K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Top Export Markets for Ethylene Polymers; Waste, Parings and Scrap from Ethiopia in 2022:

1. Czech Republic (24.5 tons)

Imports of Ethylene Polymers; Waste, Parings and Scrap in Ethiopia

In 2022, overseas purchases of ethylene polymers; waste, parings and scraps decreased by -2.8% to 137 tons, falling for the second year in a row after two years of growth. Overall, imports, however, showed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 288%. As a result, imports reached the peak of 158 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of ethylene polymers; waste, parings and scraps contracted to $83K in 2022. Over the period under review, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 132% against the previous year.

Top Suppliers of Ethylene Polymers; Waste, Parings and Scrap to Ethiopia in 2022:

1. United States (37.3 tons)
2. Saudi Arabia (36.3 tons)
3. United Arab Emirates (30.6 tons)
4. India (17.0 tons)
5. China (16.1 tons)

Source: IndexBox Market Intelligence Platform