Price for Zinc; Dust, Powders and Flakes in Ethiopia - 2022

Contents:

1. Price for Zinc; Dust, Powders and Flakes in Ethiopia (FOB) - 2022
2. Price for Zinc; Dust, Powders and Flakes in Ethiopia (CIF) - 2022
3. Exports of Zinc; Dust, Powders and Flakes in Ethiopia
4. Imports of Zinc; Dust, Powders and Flakes in Ethiopia

Price for Zinc; Dust, Powders and Flakes in Ethiopia (FOB) - 2022

In 2022, the average export price for zinc; dust, powders and flakeses amounted to $1,836 per ton, jumping by 45% against the previous year. In general, the export price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2021 an increase of 85%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($4,459 per ton), while the average price for exports to the United Arab Emirates ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+32.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Zinc; Dust, Powders and Flakes in Ethiopia (CIF) - 2022

In 2022, the average import price for zinc; dust, powders and flakeses amounted to $2,601 per ton, with a decrease of -37.7% against the previous year. In general, the import price continues to indicate a perceptible decrease. The pace of growth was the most pronounced in 2013 when the average import price increased by 63% against the previous year. As a result, import price attained the peak level of $6,351 per ton. From 2014 to 2022, the average import prices remained 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 Germany ($9,833 per ton), while the price for Sri Lanka ($364 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.7%), while the prices for the other major suppliers experienced a decline.

Exports of Zinc; Dust, Powders and Flakes in Ethiopia

In 2022, zinc; dust, powders and flakes exports from Ethiopia fell dramatically to 4.8 tons, waning by -78.1% against 2021 figures. Overall, exports showed a significant decrease. The smallest decline of -49.7% was in 2020.

In value terms, zinc; dust, powders and flakes exports declined rapidly to $8.9K in 2022. Over the period under review, exports continue to indicate a sharp decline. The smallest decline of -41.7% was in 2020.

Top Export Markets for Zinc; Dust, Powders and Flakes from Ethiopia in 2022:

1. United Arab Emirates (2.3 tons)
2. Taiwan (Chinese) (2.2 tons)
3. Kenya (0.3 tons)

Imports of Zinc; Dust, Powders and Flakes in Ethiopia

In 2022, the amount of zinc; dust, powders and flakeses imported into Ethiopia declined notably to 208 kg, which is down by -56.5% compared with the year before. Over the period under review, imports, however, saw a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 754% against the previous year. As a result, imports reached the peak of 478 kg, and then dropped dramatically in the following year.

In value terms, zinc; dust, powders and flakes imports contracted significantly to $541 in 2022. In general, imports continue to indicate a pronounced downturn. The growth pace was the most rapid in 2021 with an increase of 753% against the previous year. As a result, imports attained the peak of $2K, and then reduced markedly in the following year.

Top Suppliers of Zinc; Dust, Powders and Flakes to Ethiopia in 2022:

1. China (149.0 kg)
2. Sri Lanka (22.0 kg)
3. India (19.0 kg)
4. Germany (12.0 kg)
5. United Kingdom (6.0 kg)

Source: IndexBox Market Intelligence Platform