Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Ethiopia - 2022

Contents:

  1. Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Ethiopia (CIF) - 2022
  2. Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Ethiopia (FOB) - 2022
  3. Imports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Ethiopia
  4. Exports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Ethiopia

Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Ethiopia (CIF) - 2022

In 2022, the average import price for briquettes, ovoids and similar solid fuels; manufactured from coals amounted to $2,129 per ton, approximately reflecting the previous year. In general, the import price, however, continues to indicate significant growth. The most prominent rate of growth was recorded in 2016 an increase of 136% against the previous year. Over the period under review, average import prices attained the maximum at $2,131 per ton in 2017; afterwards, it flattened through to 2022.

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 China ($2,604 per ton), while the price for South Africa stood at $1,173 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.7%).

Price for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Ethiopia (FOB) - 2022

In 2022, the average export price for briquettes, ovoids and similar solid fuels; manufactured from coals amounted to $6,545 per ton, picking up by 14% against the previous year. Over the period under review, the export price showed significant growth. The most prominent rate of growth was recorded in 2017 an increase of 97% against the previous year. Over the period under review, the average export prices reached the peak figure at $6,750 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($16,000 per ton), while the average price for exports to Saudi Arabia ($333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+22.1%).

Imports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Ethiopia

In 2022, approx. 295 kg of briquettes, ovoids and similar solid fuels; manufactured from coals were imported into Ethiopia; with a decrease of -20.1% compared with 2021. Overall, imports faced a dramatic slump. The smallest decline of -20% was in 2021.

In value terms, imports of briquettes, ovoids and similar solid fuels; manufactured from coals contracted sharply to $628 in 2022. Over the period under review, imports continue to indicate a sharp decrease. The smallest decline of -20% was in 2021.

Import of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,227982786513-25.2%
South AfricaN/AN/AN/A1150%
OthersN/AN/AN/AN/A0%
Total1,227982786628-20.0%

Top Suppliers of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal to Ethiopia in 2022:

  1. China (197.0 kg)
  2. South Africa (98.0 kg)

Exports of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Ethiopia

In 2022, approx. 11 kg of briquettes, ovoids and similar solid fuels; manufactured from coals were exported from Ethiopia; flattening at 2021. The total export volume increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 10%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of briquettes, ovoids and similar solid fuels; manufactured from coals totaled $72 in 2022. The total export value increased at an average annual rate of +13.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Export of Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
China49.055.063.039.0-7.3%
Bosnia and HerzegovinaN/AN/AN/A32.00%
Saudi ArabiaN/AN/AN/A1.00%
OthersN/AN/AN/AN/A0%
Total49.055.063.072.013.7%

Top Export Markets for Briquettes, Ovoids and Similar Solid Fuels; Manufactured from Coal from Ethiopia in 2022:

  1. China (6.0 kg)
  2. Saudi Arabia (3.0 kg)
  3. Bosnia and Herzegovina (2.0 kg)

Source: IndexBox Market Intelligence Platform

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