Price for Styrene Polymers; Waste, Parings and Scrap in Ethiopia - 2022

Price for Styrene Polymers; Waste, Parings and Scrap in Ethiopia (CIF) - 2022

In 2022, the average import price for styrene polymers; waste, parings and scraps amounted to $5,939 per ton, approximately mirroring the previous year. Overall, the import price recorded buoyant growth. The growth pace was the most rapid in 2013 an increase of 45% against the previous year. Over the period under review, average import prices attained the peak figure at $11,072 per ton in 2019; however, from 2020 to 2022, import prices remained at a 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.

Imports of Styrene Polymers; Waste, Parings and Scrap in Ethiopia

In 2022, overseas purchases of styrene polymers; waste, parings and scraps decreased by 0% to 2.3 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of styrene polymers; waste, parings and scraps totaled $14K in 2022. Overall, imports showed significant growth. The smallest decline of 99.9% was in 2020. Imports peaked in 2022 and are likely to continue growth in the immediate term.