Price for Sulphites; Other than of Sodium in Ethiopia - 2022

Contents:

1. Price for Sulphites; Other than of Sodium in Ethiopia (CIF) - 2022
2. Imports of Sulphites; Other than of Sodium in Ethiopia

Price for Sulphites; Other than of Sodium in Ethiopia (CIF) - 2022

In 2022, the average import price for sulphites; other than of sodia amounted to $1,004 per ton, growing by 127% against the previous year. Overall, the import price continues to indicate a slight increase. The import price peaked at $1,067 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Hungary ($3,293 per ton), while the price for China ($365 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Sulphites; Other than of Sodium in Ethiopia

In 2022, overseas purchases of sulphites; other than of sodia decreased by -25.1% to 83 tons, falling for the second year in a row after two years of growth. In general, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 43%. As a result, imports reached the peak of 151 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, sulphites; other than of sodium imports skyrocketed to $83K in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern.

Top Suppliers of Sulphites; Other than of Sodium to Ethiopia in 2022:

1. China (50.2 tons)
2. Turkey (24.0 tons)
3. Italy (3.0 tons)
4. Egypt (2.4 tons)
5. Hungary (2.1 tons)

Source: IndexBox Market Intelligence Platform