Price for Copper Oxides and Hydroxides in Ethiopia - 2022
Contents:
- Price for Copper Oxides and Hydroxides in Ethiopia (CIF) - 2022
- Imports of Copper Oxides and Hydroxides in Ethiopia
Price for Copper Oxides and Hydroxides in Ethiopia (CIF) - 2022
In 2022, the average copper oxides and hydroxides import price amounted to $11,307 per ton, with an increase of 36% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper oxides and hydroxides import price increased by +50.8% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +5.5% per year.
Imports of Copper Oxides and Hydroxides in Ethiopia
Copper oxides and hydroxides imports into Ethiopia contracted dramatically to 13 tons in 2022, with a decrease of -37.1% against the previous year's figure. Over the period under review, imports, however, posted resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 193%. As a result, imports attained the peak of 20 tons, and then declined markedly in the following year.
In value terms, copper oxides and hydroxides imports shrank to $141K in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 224% against the previous year. As a result, imports attained the peak of $165K, and then shrank in the following year.
| Import of Copper Oxides and Hydroxides in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.7 | 1.9 | 2.8 | 141 | 336.1% |
| India | 79.4 | 48.9 | 162 | N/A | 42.8% |
| Others | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Total | 81.1 | 50.9 | 165 | 141 | 20.2% |
Top Suppliers of Copper Oxides and Hydroxides to Ethiopia in 2022:
- China (12.5 tons)
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