Price for Railway or Tramway Track Constructions of Iron or Steel in Ethiopia - 2022

Contents:

1. Price for Railway or Tramway Track Constructions of Iron or Steel in Ethiopia (CIF) - 2022
2. Price for Railway or Tramway Track Constructions of Iron or Steel in Ethiopia (FOB) - 2022
3. Imports of Railway or Tramway Track Constructions of Iron or Steel in Ethiopia
4. Exports of Railway or Tramway Track Constructions of Iron or Steel in Ethiopia

Price for Railway or Tramway Track Constructions of Iron or Steel in Ethiopia (CIF) - 2022

In 2022, the average import price for railway or tramway track constructions of iron or steel amounted to $1,483 per ton, growing by 5% against the previous year. Overall, the import price, however, recorded a noticeable setback. The pace of growth was the most pronounced in 2018 when the average import price increased by 33% against the previous year. The import price peaked at $2,397 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($10,588 per ton), while the price for China ($579 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+13.2%), while the prices for the other major suppliers experienced a decline.

Price for Railway or Tramway Track Constructions of Iron or Steel in Ethiopia (FOB) - 2022

The average export price for railway or tramway track constructions of iron or steel stood at $948 per ton in 2022, declining by -28.6% against the previous year. In general, the export price saw a abrupt decrease. The most prominent rate of growth was recorded in 2016 when the average export price increased by 54%. The export price peaked at $2,900 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +62.8% per year.

Imports of Railway or Tramway Track Constructions of Iron or Steel in Ethiopia

In 2022, the amount of railway or tramway track constructions of iron or steel imported into Ethiopia totaled 364 tons, surging by 14% on 2021. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of railway or tramway track constructions of iron or steel soared to $539K in 2022. Overall, imports, however, continue to indicate a mild reduction.

Top Suppliers of Railway or Tramway Track Constructions of Iron or Steel to Ethiopia in 2022:

1. Turkey (276.0 tons)
2. China (62.9 tons)
3. France (17.6 tons)
4. Spain (6.0 tons)

Exports of Railway or Tramway Track Constructions of Iron or Steel in Ethiopia

Exports of railway or tramway track constructions of iron or steel from Ethiopia soared to 202 tons in 2022, picking up by 21,483% on 2021 figures. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of railway or tramway track constructions of iron or steel soared to $191K in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Railway or Tramway Track Constructions of Iron or Steel from Ethiopia in 2022:

1. Israel (201.8 tons)

Source: IndexBox Market Intelligence Platform