Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Ethiopia - 2022
Contents:
- Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Ethiopia (CIF) - 2022
- Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Ethiopia
Price for Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Ethiopia (CIF) - 2022
In 2022, the average import price for silicates; commercial alkali metal silicates, other than of sodium or potassia amounted to $1,217 per ton, picking up by 41% against the previous year. In general, the import price, however, showed a deep contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 144%. The import price peaked at $3,935 per ton in 2013; however, from 2014 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 India ($123,674 per ton), while the price for China totaled $679 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+55.0%), while the prices for the other major suppliers experienced a decline.
Imports of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Ethiopia
For the third consecutive year, Ethiopia recorded decline in purchases abroad of silicates; commercial alkali metal silicates, other than of sodium or potassia, which decreased by -96% to 23 tons in 2022. Overall, imports faced a sharp slump. The smallest decline of -8.4% was in 2020.
In value terms, imports of silicates; commercial alkali metal silicates, other than of sodium or potassia dropped sharply to $28K in 2022. Over the period under review, imports faced a dramatic descent. The pace of growth was the most pronounced in 2021 when imports increased by 20%.
| Import of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 657 | 75.0 | 403 | 15.2 | -71.5% |
| Kenya | 189 | 331 | N/A | N/A | 75.1% |
| Others | 14.1 | 8.2 | 93.5 | 12.5 | -3.9% |
| Total | 860 | 414 | 497 | 27.7 | -68.2% |
Top Suppliers of Silicates; Commercial Alkali Metal Silicates, Other than of Sodium or Potassium to Ethiopia in 2022:
- China (22.4 tons)
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