Alkali Metals; Sodium Price in Ethiopia - 2022
Contents:
Alkali Metals; Sodium Price in Ethiopia (CIF) - 2022
The average alkali metals; sodium import price stood at $19,679 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price recorded a significant expansion. The growth pace was the most rapid in 2013 when the average import price increased by 1,789%. As a result, import price reached the peak level of $21,157 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($298,500 per ton), while the price for China totaled $8,745 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+0.7%), while the prices for the other major suppliers experienced a decline.
Alkali Metals; Sodium Imports in Ethiopia
In 2022, supplies from abroad of alkali metals; sodia decreased by 0% to 53 kg, falling for the second consecutive year after two years of growth. In general, imports faced a dramatic descent. The pace of growth appeared the most rapid in 2020 when imports increased by 24,745%. As a result, imports reached the peak of 120 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, alkali metals; sodium imports amounted to $1K in 2022. Over the period under review, imports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 20,703%. As a result, imports reached the peak of $116K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Alkali Metals; Sodium in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | N/A | N/A | N/A | 0.6 | 0% |
| China | N/A | N/A | N/A | 0.4 | 0% |
| Saudi Arabia | N/A | 116 | N/A | N/A | 0% |
| Others | 0.6 | N/A | N/A | N/A | 0% |
| Total | 0.6 | 116 | N/A | 1.0 | 18.6% |
Top Suppliers of Alkali Metals; Sodium to Ethiopia in 2022:
- China (51.0 kg)
- Kenya (2.0 kg)
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