Price for Monumental or Building Stone, Other than Granite and Sandstone in Ethiopia - 2022
Contents:
- Price for Monumental or Building Stone, Other than Granite and Sandstone in Ethiopia (FOB) - 2022
- Price for Monumental or Building Stone, Other than Granite and Sandstone in Ethiopia (CIF) - 2022
- Exports of Monumental or Building Stone, Other than Granite and Sandstone in Ethiopia
- Imports of Monumental or Building Stone, Other than Granite and Sandstone in Ethiopia
Price for Monumental or Building Stone, Other than Granite and Sandstone in Ethiopia (FOB) - 2022
The average export price for monumental or building stone, other than granite and sandstone stood at $75 per ton in 2022, picking up by 111% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($311 per ton), while the average price for exports to Djibouti ($63 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Sudan (+303.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Monumental or Building Stone, Other than Granite and Sandstone in Ethiopia (CIF) - 2022
In 2022, the average import price for monumental or building stone, other than granite and sandstone amounted to $236 per ton, standing approx. at the previous year. Over the period under review, the import price showed a drastic downturn. The pace of growth appeared the most rapid in 2018 an increase of 100%. The import price peaked at $904 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($256 per ton), while the price for India totaled $148 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-10.6%), while the prices for the other major suppliers experienced a decline.
Exports of Monumental or Building Stone, Other than Granite and Sandstone in Ethiopia
In 2022, exports of monumental or building stone, other than granite and sandstone from Ethiopia soared to 745 tons, growing by 1,878% compared with the year before. In general, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of monumental or building stone, other than granite and sandstone skyrocketed to $56K in 2022. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Monumental or Building Stone, Other than Granite and Sandstone in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Djibouti | N/A | N/A | N/A | 25.8 | 0% |
China | 0.7 | 0.6 | 0.8 | 21.1 | 211.2% |
Italy | 0.7 | 0.6 | 0.5 | 8.9 | 133.4% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.4 | 1.2 | 1.3 | 55.7 | 241.4% |
Top Export Markets for Monumental or Building Stone, Other than Granite and Sandstone from Ethiopia in 2022:
- Djibouti (410.7 tons)
- China (305.3 tons)
- Italy (28.6 tons)
Imports of Monumental or Building Stone, Other than Granite and Sandstone in Ethiopia
In 2022, overseas purchases of monumental or building stone, other than granite and sandstone decreased by -0.4% to 74 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.6% 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 increased by +88.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 88%.
In value terms, imports of monumental or building stone, other than granite and sandstone declined to $18K in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 1.8% against the previous year.
Import of Monumental or Building Stone, Other than Granite and Sandstone in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 9.8 | 11.0 | 11.3 | 15.5 | 16.5% |
India | 0.1 | 6.4 | 6.4 | 2.1 | 175.9% |
Madagascar | 8.1 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 18.0 | 17.4 | 17.7 | 17.6 | -0.7% |
Top Suppliers of Monumental or Building Stone, Other than Granite and Sandstone to Ethiopia in 2022:
- China (60.4 tons)
- India (14.0 tons)
This report provides an in-depth analysis of the market for granite, sandstone and other building stone in Ethiopia.
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