Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Ethiopia - 2022
Contents:
- Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Ethiopia (CIF) - 2022
- Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Ethiopia
Price for Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Ethiopia (CIF) - 2022
The average import price for oils and products of the distillation of high temperature coal tar; benzoles stood at $1,962 per ton in 2022, which is down by -8.9% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The pace of growth was the most pronounced in 2015 an increase of 194%. Over the period under review, average import prices reached the peak figure at $10,327 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($2,112 per ton), while the price for Pakistan ($79 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.3%), while the prices for the other major suppliers experienced a decline.
Imports of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Ethiopia
In 2022, imports of oils and products of the distillation of high temperature coal tar; benzoles into Ethiopia expanded significantly to 28 tons, surging by 10% against the previous year. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +13.9% 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 -22.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 91%. As a result, imports attained the peak of 37 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of oils and products of the distillation of high temperature coal tar; benzoles reached $56K in 2022. In general, imports, however, recorded a slight decrease.
| Import of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 50.3 | 49.1 | 48.1 | 48.4 | -1.3% |
| China | 7.4 | 7.2 | 7.1 | 7.1 | -1.4% |
| Pakistan | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 0.2 | 0.3 | 0.1 | 0.1 | -20.6% |
| Total | 58.0 | 56.7 | 55.4 | 55.7 | -1.3% |
Top Suppliers of Oils and Products of the Distillation of High Temperature Coal Tar; Benzole to Ethiopia in 2022:
- United Kingdom (22.9 tons)
- China (4.6 tons)
- Pakistan (0.7 tons)
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