Price for Hydrogen, Rare Gases and Other Non-Metals in Ethiopia - 2022
Contents:
- Price for Hydrogen, Rare Gases and Other Non-Metals in Ethiopia (CIF) - 2022
- Price for Hydrogen, Rare Gases and Other Non-Metals in Ethiopia (FOB) - 2022
- Imports of Hydrogen, Rare Gases and Other Non-Metals in Ethiopia
- Exports of Hydrogen, Rare Gases and Other Non-Metals in Ethiopia
Price for Hydrogen, Rare Gases and Other Non-Metals in Ethiopia (CIF) - 2022
In 2022, the average import price for hydrogen, rare gases and other non-metalses amounted to $2.4 per cubic meter, which is down by -17.3% against the previous year. Over the period under review, the import price continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 27%. Over the period under review, average import prices hit record highs at $3.8 per cubic meter in 2013; however, from 2014 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 China ($2 per cubic meter), while the price for Poland ($0.7 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.5%).
Price for Hydrogen, Rare Gases and Other Non-Metals in Ethiopia (FOB) - 2022
The average export price for hydrogen, rare gases and other non-metalses stood at $0.6 per cubic meter in 2022, reducing by -81.5% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 an increase of 35% against the previous year. The export price peaked at $4.6 per cubic meter in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for Malawi amounted to -2.5% per year.
Imports of Hydrogen, Rare Gases and Other Non-Metals in Ethiopia
Imports of hydrogen, rare gases and other non-metalses into Ethiopia soared to 391K cubic meters in 2022, with an increase of 67% on the previous year's figure. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 102% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of hydrogen, rare gases and other non-metalses soared to $922K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -17.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 65% against the previous year. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Hydrogen, Rare Gases and Other Non-Metals in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 68.9 | 615 | 286 | 574 | 102.7% |
| United Arab Emirates | 260 | 244 | 129 | 115 | -23.8% |
| Poland | N/A | N/A | N/A | 14.2 | 0% |
| United States | 96.7 | 43.4 | 9.1 | 4.5 | -64.0% |
| Others | 254 | 218 | 244 | 214 | -5.6% |
| Total | 680 | 1,120 | 667 | 922 | 10.7% |
Top Suppliers of Hydrogen, Rare Gases and Other Non-Metals to Ethiopia in 2022:
- China (287.1K cubic meters)
- United Arab Emirates (76.0K cubic meters)
- Poland (19.7K cubic meters)
- United States (0.2K cubic meters)
Exports of Hydrogen, Rare Gases and Other Non-Metals in Ethiopia
In 2022, the amount of hydrogen, rare gases and other non-metalses exported from Ethiopia reduced dramatically to 17 cubic meters, waning by 99.9% on the previous year. Over the period under review, exports recorded a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 903%. As a result, the exports reached the peak of 162K cubic meters, and then dropped rapidly in the following year.
In value terms, exports of hydrogen, rare gases and other non-metalses fell markedly to $10 in 2022. In general, exports saw a significant decline. The pace of growth was the most pronounced in 2021 when exports increased by 1,257% against the previous year. As a result, the exports attained the peak of $515K, and then fell markedly in the following year.
| Export of Hydrogen, Rare Gases and Other Non-Metals in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 68.4 | 28.2 | 113 | N/A | 28.5% |
| Malawi | 151 | 8.8 | 402 | N/A | 63.2% |
| United Arab Emirates | N/A | 1.0 | N/A | N/A | 0% |
| Others | 4.6 | N/A | 0.1 | N/A | -85.3% |
| Total | 224 | 38.0 | 515 | N/A | 51.6% |
Top Export Markets for Hydrogen, Rare Gases and Other Non-Metals from Ethiopia in 2022:
- United Arab Emirates (17.0 cubic meters)
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