Price for Lustres; Liquid Lustres and Similar Preparations in Ethiopia - 2022
Contents:
- Price for Lustres; Liquid Lustres and Similar Preparations in Ethiopia (CIF) - 2022
- Imports of Lustres; Liquid Lustres and Similar Preparations in Ethiopia
Price for Lustres; Liquid Lustres and Similar Preparations in Ethiopia (CIF) - 2022
In 2022, the average import price for lustres; liquid lustres and similar preparationses amounted to $3,920 per ton, which is down by -15.1% against the previous year. Over the period under review, the import price continues to indicate a precipitous descent. The most prominent rate of growth was recorded in 2018 an increase of 27% against the previous year. The import price peaked at $57,112 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Kenya ($12,902 per ton), while the price for India totaled $3,127 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (-10.7%).
Imports of Lustres; Liquid Lustres and Similar Preparations in Ethiopia
For the fourth consecutive year, Ethiopia recorded growth in purchases abroad of lustres; liquid lustres and similar preparationses, which increased by 60% to 43 tons in 2022. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 148% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of lustres; liquid lustres and similar preparationses soared to $169K in 2022. In general, imports posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 55%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Lustres; Liquid Lustres and Similar Preparations in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 25.0 | 51.3 | 94.6 | 124 | 70.5% |
| Kenya | N/A | N/A | N/A | 45.2 | 0% |
| Egypt | 30.9 | 21.6 | 26.2 | N/A | -7.9% |
| Others | 2.6 | 7.4 | 3.9 | N/A | 22.5% |
| Total | 58.4 | 80.3 | 125 | 169 | 42.5% |
Top Suppliers of Lustres; Liquid Lustres and Similar Preparations to Ethiopia in 2022:
- India (39.7 tons)
- Kenya (3.5 tons)
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