Price for Vanadium Oxides and Hydroxides in Ethiopia - 2022
Contents:
- Price for Vanadium Oxides and Hydroxides in Ethiopia (CIF) - 2022
- Imports of Vanadium Oxides and Hydroxides in Ethiopia
Price for Vanadium Oxides and Hydroxides in Ethiopia (CIF) - 2022
The average vanadium oxides and hydroxides import price stood at $47,700 per ton in 2022, which is down by -17.1% against the previous year. Overall, the import price, however, recorded a resilient increase. The pace of growth was the most pronounced in 2013 an increase of 148%. Over the period under review, average import prices reached the peak figure at $68,600 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +7.9% per year.
Imports of Vanadium Oxides and Hydroxides in Ethiopia
In 2022, imports of vanadium oxides and hydroxideses into Ethiopia rose sharply to 20 kg, growing by 5.3% on the year before. The total import volume increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 16% against the previous year. As a result, imports reached the peak of 22 kg. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, vanadium oxides and hydroxides imports declined to $954 in 2022. Over the period under review, imports, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when imports increased by 34%.
| Import of Vanadium Oxides and Hydroxides in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1,131 | 815 | 1,093 | 954 | -5.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,131 | 815 | 1,093 | 954 | -5.5% |
Top Suppliers of Vanadium Oxides and Hydroxides to Ethiopia in 2022:
- India (20.0 kg)
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