Zinc Dust Price in Ethiopia - 2022

Contents:

  1. Zinc Dust Price in Ethiopia (CIF) - 2022
  2. Zinc Dust Price in Ethiopia (FOB) - 2022
  3. Zinc Dust Imports in Ethiopia
  4. Zinc Dust Exports in Ethiopia

Zinc Dust Price in Ethiopia (CIF) - 2022

In 2022, the average zinc dust import price amounted to $4,000 per ton, waning by -6.1% against the previous year. Over the period under review, the import price saw a pronounced decline. The growth pace was the most rapid in 2014 when the average import price increased by 71% against the previous year. The import price peaked at $5,404 per ton in 2012; however, from 2013 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 India.

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +1.9% per year.

Zinc Dust Price in Ethiopia (FOB) - 2022

The average zinc dust export price stood at $788 per ton in 2022, almost unchanged from the previous year. Over the period under review, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, zinc dust export price decreased by -2.5% against 2018 indices. The growth pace was the most rapid in 2018 an increase of 39%. As a result, the export price reached the peak level of $809 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to +12.7% per year.

Zinc Dust Imports in Ethiopia

In 2022, after three years of growth, there was significant decline in overseas purchases of zinc dusts, when their volume decreased by -98.4% to 2 kg. Over the period under review, imports saw a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 154% against the previous year. As a result, imports attained the peak of 127 kg, and then shrank markedly in the following year.

In value terms, zinc dust imports contracted markedly to $8 in 2022. Overall, imports showed a sharp decline. The most prominent rate of growth was recorded in 2021 when imports increased by 136%. As a result, imports reached the peak of $541, and then contracted markedly in the following year.

Import of Zinc Dust in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1202292598.0-59.5%
United Arab EmiratesN/AN/A282N/A0%
OthersN/AN/AN/AN/A0%
Total1202295418.0-59.5%

Top Suppliers of Zinc Dust to Ethiopia in 2022:

  1. India (2.0 kg)

Zinc Dust Exports in Ethiopia

In 2022, overseas shipments of zinc dusts were finally on the rise to reach 23 tons after two years of decline. In general, exports, however, showed a noticeable downturn.

In value terms, zinc dust exports totaled $18K in 2022. Over the period under review, exports, however, showed a noticeable contraction.

Export of Zinc Dust in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India20.118.917.718.3-3.1%
OthersN/AN/AN/AN/A0%
Total20.118.917.718.3-3.1%

Top Export Markets for Zinc Dust from Ethiopia in 2022:

  1. India (23.2 tons)

Source: IndexBox Market Intelligence Platform

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