Waferboard Price in Ethiopia - 2021

Contents:

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

Waferboard Price in Ethiopia (CIF) - 2022

In 2022, the average waferboard import price amounted to $810 per cubic meter, with an increase of 107% against the previous year. In general, the import price recorded a strong increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Italy ($1,499 per cubic meter), while the price for Turkey ($215 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Waferboard Price in Ethiopia (FOB) - 2022

The average waferboard export price stood at $23 per cubic meter in 2022, with an increase of 188% against the previous year. Overall, the export price enjoyed a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2021 to 2022, the rate of growth in terms of prices for Tunisia amounted to 0.0% per year.

Waferboard Imports in Ethiopia

After two years of decline, purchases abroad of waferboards increased by 4.8% to 2.5K cubic meters in 2022. In general, imports, however, continue to indicate a abrupt slump. Imports peaked at 4.4K cubic meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, waferboard imports skyrocketed to $2M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Waferboard in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8672784491,43518.3%
Italy62.734853.125960.5%
Malaysia85.851.153.017125.8%
Germany12064.270.668.4-17.1%
Netherlands69.811.95.665.6-2.0%
Turkey10135.453.02.1-72.5%
South Africa47.930.522.2N/A-31.9%
Others619668215N/A-41.1%
Total1,9731,4879222,0000.5%

Top Suppliers of Waferboard to Ethiopia in 2022:

  1. China (1696.0 cubic meters)
  2. Malaysia (286.0 cubic meters)
  3. Netherlands (204.0 cubic meters)
  4. Italy (173.0 cubic meters)
  5. Germany (101.0 cubic meters)
  6. Turkey (10.0 cubic meters)

Waferboard Exports in Ethiopia

In 2022, exports of waferboards from Ethiopia amounted to 1 cubic meters, remaining constant against the previous year. Overall, exports showed a relatively flat trend pattern. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, waferboard exports surged to $23 in 2022. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Waferboard in Ethiopia (USD)
COUNTRY20212022CAGR,
2021-2022
TunisiaN/A23.00%
Swaziland8.0N/A0%
OthersN/AN/A0%
Total8.023.0187.5%

Top Export Markets for Waferboard from Ethiopia in 2022:

  1. Tunisia (1.0 cubic meters)

Source: IndexBox Market Intelligence Platform

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