Sulphites; Thiosulphates Price in Ethiopia - 2022
Contents:
Sulphites; Thiosulphates Price in Ethiopia (CIF) - 2022
In 2022, the average sulphites; thiosulphates import price amounted to $1,014 per ton, dropping by -5.3% against the previous year. Over the period under review, the import price, however, showed a prominent increase. The pace of growth was the most pronounced in 2020 when the average import price increased by 49% against the previous year. The import price peaked at $1,071 per ton in 2021, and then declined in the following year.
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 ($1,292 per ton), while the price for Turkey ($629 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.4%), while the prices for the other major suppliers experienced a decline.
Sulphites; Thiosulphates Imports in Ethiopia
In 2022, approx. 1.6K tons of sulphites; thiosulphateses were imported into Ethiopia; picking up by 130% compared with the previous year. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphites; thiosulphates imports soared to $1.6M in 2022. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Sulphites; Thiosulphates in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 263 | 653 | 701 | 1,499 | 78.6% |
| India | 2.8 | 4.1 | 1.1 | 67.7 | 189.2% |
| Others | 129 | 75.7 | 55.0 | 81.8 | -14.1% |
| Total | 395 | 733 | 757 | 1,648 | 61.0% |
Top Suppliers of Sulphites; Thiosulphates to Ethiopia in 2022:
- China (1542.3 tons)
- India (52.4 tons)
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