Price for Monophenols; Cresols and Their Salts in Ethiopia - 2022
Contents:
- Price for Monophenols; Cresols and Their Salts in Ethiopia (CIF) - 2022
- Imports of Monophenols; Cresols and Their Salts in Ethiopia
Price for Monophenols; Cresols and Their Salts in Ethiopia (CIF) - 2022
In 2022, the average import price for monophenols; cresols and their saltses amounted to $19,833 per ton, growing by 9.5% against the previous year. In general, the import price showed a buoyant increase. The growth pace was the most rapid in 2017 an increase of 133% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($128,000 per ton), while the price for the UK ($1,385 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+62.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Monophenols; Cresols and Their Salts in Ethiopia
Monophenols; cresols and their salts imports into Ethiopia amounted to 18 kg in 2022, picking up by 5.9% against the previous year's figure. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 12%. As a result, imports reached the peak of 19 kg. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, monophenols; cresols and their salts imports skyrocketed to $357 in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Import of Monophenols; Cresols and Their Salts in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 92.0 | 154 | 201 | 256 | 40.7% |
| South Africa | 107 | 75.0 | 73.0 | 70.0 | -13.2% |
| United Kingdom | 15.0 | 19.0 | 19.0 | 18.0 | 6.3% |
| India | 14.0 | 17.0 | 15.0 | 13.0 | -2.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 228 | 265 | 308 | 357 | 16.1% |
Top Suppliers of Monophenols; Cresols and Their Salts to Ethiopia in 2022:
- United Kingdom (13.0 kg)
- Germany (2.0 kg)
- South Africa (2.0 kg)
- India (1.0 kg)
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