Price for Pulps of Other Fibrous Cellulosic Material in Ethiopia - 2022

Price for Pulps of Other Fibrous Cellulosic Material in Ethiopia (CIF) - 2022

In 2022, the average import price for pulps of other fibrous cellulosic materials amounted to $1,192 per ton, dropping by -17.4% against the previous year. Overall, the import price recorded a slight downturn. The most prominent rate of growth was recorded in 2016 when the average import price increased by 149% against the previous year. As a result, import price attained the peak level of $2,315 per ton. From 2017 to 2022, the average import prices remained at a somewhat 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 China amounted to -1.1% per year.

Price for Pulps of Other Fibrous Cellulosic Material in Ethiopia (FOB) - 2022

In 2022, the average export price for pulps of other fibrous cellulosic materials amounted to $2,327 per ton, declining by -15.8% against the previous year. In general, the export price, however, showed resilient growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 119%. Over the period under review, the average export prices hit record highs at $2,763 per ton in 2021, and then reduced remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($2,361 per ton), while the average price for exports to the Netherlands stood at $1,314 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+11.3%).

Imports of Pulps of Other Fibrous Cellulosic Material in Ethiopia

Imports of pulps of other fibrous cellulosic materials into Ethiopia soared to 374 tons in 2022, rising by 19% compared with 2021 figures. Over the period under review, imports recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 86%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of pulps of other fibrous cellulosic materials contracted modestly to $445K in 2022. In general, imports showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 261% against the previous year. As a result, imports attained the peak of $454K, and then dropped slightly in the following year.

Import of Pulps of Other Fibrous Cellulosic Material in Ethiopia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	81.6	62.4	226	222	39.6%
Others	2.1	63.2	227	223	373.5%
Total	83.6	126	454	445	74.6%

Top Suppliers of Pulps of Other Fibrous Cellulosic Material to Ethiopia in 2022:

China (186.4 tons)

Exports of Pulps of Other Fibrous Cellulosic Material in Ethiopia

In 2022, shipments abroad of pulps of other fibrous cellulosic materials decreased by -75.8% to 2.1 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a sharp downturn. The growth pace was the most rapid in 2020 when exports increased by 287% against the previous year. As a result, the exports attained the peak of 24 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of pulps of other fibrous cellulosic materials declined markedly to $4.9K in 2022. In general, exports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of 178%. As a result, the exports attained the peak of $47K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.