Ethiopia - Iron and Non-Alloy Steel in Ingots - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Iron and Non-Alloy Steel in Ingot in Ethiopia - 2022
Contents:
- Price for Iron and Non-Alloy Steel in Ingot in Ethiopia (CIF) - 2022
- Price for Iron and Non-Alloy Steel in Ingot in Ethiopia (FOB) - 2022
- Imports of Iron and Non-Alloy Steel in Ingot in Ethiopia
- Exports of Iron and Non-Alloy Steel in Ingot in Ethiopia
Price for Iron and Non-Alloy Steel in Ingot in Ethiopia (CIF) - 2022
The average import price for iron and non-alloy steel in ingots stood at $524 per ton in 2022, remaining constant against the previous year. Over the period under review, the import price, however, showed a deep downturn. The most prominent rate of growth was recorded in 2013 an increase of 37% against the previous year. As a result, import price attained the peak level of $2,136 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +21.5% per year.
Price for Iron and Non-Alloy Steel in Ingot in Ethiopia (FOB) - 2022
In 2020, the average export price for iron and non-alloy steel in ingots amounted to $564 per ton, waning by -43.6% against the previous year. Over the period under review, the export price saw a abrupt setback. The pace of growth was the most pronounced in 2017 when the average export price increased by 36%. As a result, the export price reached the peak level of $3,435 per ton. From 2018 to 2020, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Tanzania.
From 2013 to 2020, the rate of growth in terms of prices for Cote d'Ivoire amounted to +82.9% per year.
Imports of Iron and Non-Alloy Steel in Ingot in Ethiopia
In 2022, supplies from abroad of iron and non-alloy steel in ingots was finally on the rise to reach 6.7K tons after two years of decline. Overall, imports, however, faced a abrupt curtailment.
In value terms, imports of iron and non-alloy steel in ingots surged to $3.5M in 2022. In general, imports, however, faced a deep contraction.
| Import of Iron and Non-Alloy Steel in Ingot in Ethiopia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 5.0 | N/A | N/A | N/A | 0% |
| China | N/A | N/A | 0.2 | N/A | 0% |
| United Arab Emirates | 0.1 | 2.8 | 2.2 | N/A | 369.0% |
| Turkey | N/A | 0.5 | 0.6 | N/A | 20.0% |
| Others | 0.2 | 0.6 | 0.1 | 3.5 | 159.6% |
| Total | 5.2 | 4.0 | 3.0 | 3.5 | -12.4% |
Top Suppliers of Iron and Non-Alloy Steel in Ingot to Ethiopia in 2022:
Exports of Iron and Non-Alloy Steel in Ingot in Ethiopia
Exports of iron and non-alloy steel in ingots from Ethiopia skyrocketed to 628 kg in 2020, increasing by 41% on the previous year's figure. Over the period under review, total exports indicated significant growth from 2019 to 2020: its volume increased at an average annual rate of +40.8% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of iron and non-alloy steel in ingots contracted significantly to $354 in 2020. In general, exports, however, saw a sharp decrease.
| Export of Iron and Non-Alloy Steel in Ingot in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Tanzania | N/A | 354 | 0% | ||
| Kenya | 446 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 446 | 354 | -20.6% | ||
Top Export Markets for Iron and Non-Alloy Steel in Ingot from Ethiopia in 2022:
- Tanzania (628.0 kg)
This report provides an in-depth analysis of the market for iron and non-alloy steel in ingot in Ethiopia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- Ethiopia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ethiopia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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