Price for Phosphates; N.E.S in Item No. 2835.2 in Ethiopia - 2022
Contents:
- Price for Phosphates; N.E.S in Item No. 2835.2 in Ethiopia (CIF) - 2022
- Imports of Phosphates; N.E.S in Item No. 2835.2 in Ethiopia
Price for Phosphates; N.E.S in Item No. 2835.2 in Ethiopia (CIF) - 2022
In 2022, the average import price for phosphates; n.e.s in item no. 2835.2s amounted to $1,861 per ton, therefore, remained relatively stable against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 48%. Over the period under review, average import prices reached the peak figure at $2,092 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($20,273 per ton), while the price for India ($1,400 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+139.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Phosphates; N.E.S in Item No. 2835.2 in Ethiopia
In 2022, approx. 87 tons of phosphates; n.e.s in item no. 2835.2s were imported into Ethiopia; with an increase of 561% compared with the previous year. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of phosphates; n.e.s in item no. 2835.2s soared to $161K in 2022. Overall, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Phosphates; N.E.S in Item No. 2835.2 in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.5 | 2.2 | 0.2 | 90.1 | 230.3% |
| China | 21.5 | 1.0 | 19.9 | 54.4 | 36.3% |
| Thailand | 6.2 | N/A | 1.0 | 10.7 | 19.9% |
| United Arab Emirates | 21.2 | N/A | 2.0 | N/A | -69.3% |
| Others | 5.9 | 0.9 | 1.5 | 6.3 | 2.2% |
| Total | 57.2 | 4.1 | 24.5 | 161 | 41.2% |
Top Suppliers of Phosphates; N.E.S in Item No. 2835.2 to Ethiopia in 2022:
- India (64.3 tons)
- China (20.4 tons)
- Thailand (0.5 tons)
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