Silicates; Sodium Metasilicates Price in Ethiopia - 2022

Contents:

1. Silicates; Sodium Metasilicates Price in Ethiopia (CIF) - 2022
2. Silicates; Sodium Metasilicates Imports in Ethiopia

Silicates; Sodium Metasilicates Price in Ethiopia (CIF) - 2022

The average silicates; sodium metasilicates import price stood at $295 per ton in 2022, which is down by -3.9% against the previous year. In general, the import price recorded a noticeable reduction. The pace of growth was the most pronounced in 2014 an increase of 77% against the previous year. As a result, import price attained the peak level of $639 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($497 per ton), while the price for Egypt ($267 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+24.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Silicates; Sodium Metasilicates Imports in Ethiopia

In 2022, silicates; sodium metasilicates imports into Ethiopia surged to 1.4K tons, with an increase of 26% against the previous year. In general, imports saw a significant increase. The growth pace was the most rapid in 2020 when imports increased by 256% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, silicates; sodium metasilicates imports soared to $425K in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 214%. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Silicates; Sodium Metasilicates to Ethiopia in 2022:

1. Egypt (729.0 tons)
2. Pakistan (560.0 tons)
3. China (147.3 tons)

Source: IndexBox Market Intelligence Platform