Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Ethiopia - 2022

Contents:

  1. Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Ethiopia (CIF) - 2022
  2. Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Ethiopia (FOB) - 2022
  3. Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Ethiopia
  4. Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Ethiopia

Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Ethiopia (CIF) - 2022

In 2022, the average sulphates; alums; peroxosulphates (persulphates) import price amounted to $293 per ton, with an increase of 12% against the previous year. Overall, the import price, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 64% against the previous year. Over the period under review, average import prices reached the maximum at $626 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($2,277 per ton), while the price for China ($170 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+27.4%), while the prices for the other major suppliers experienced a decline.

Price for Sulphates; Alums; Peroxosulphates (Persulphates) in Ethiopia (FOB) - 2022

The average sulphates; alums; peroxosulphates (persulphates) export price stood at $148 per ton in 2022, reducing by -4% against the previous year. Overall, the export price showed a abrupt decline. The pace of growth was the most pronounced in 2018 when the average export price increased by 26%. As a result, the export price reached the peak level of $333 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Sudan amounted to -7.5% per year.

Imports of Sulphates; Alums; Peroxosulphates (Persulphates) in Ethiopia

After three years of growth, purchases abroad of sulphates; alums; peroxosulphates (persulphates)s decreased by -10.6% to 11K tons in 2022. Over the period under review, imports, however, showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 153% against the previous year.

In value terms, sulphates; alums; peroxosulphates (persulphates) imports amounted to $3.1M in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +19.3% 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 decreased by -0.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when imports increased by 70%. As a result, imports attained the peak of $3.1M; afterwards, it flattened through to 2022.

Import of Sulphates; Alums; Peroxosulphates (Persulphates) in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,2312,1851,316939-8.6%
India51.2187663768146.6%
Serbia37.576.314715058.7%
Turkey11.2129103142133.2%
Kenya10114359.914212.0%
Iran42.475.010111439.1%
Spain19.713.564.611479.5%
Italy45.362.086.199.329.9%
Others29824757865029.7%
Total1,8383,1183,1173,11819.3%

Top Suppliers of Sulphates; Alums; Peroxosulphates (Persulphates) to Ethiopia in 2022:

  1. China (5.5K tons)
  2. India (2.5K tons)
  3. Spain (0.5K tons)
  4. Turkey (0.4K tons)
  5. Kenya (0.4K tons)
  6. Iran (0.4K tons)
  7. Serbia (0.3K tons)
  8. Italy (0.2K tons)

Exports of Sulphates; Alums; Peroxosulphates (Persulphates) in Ethiopia

In 2022, after two years of decline, there was significant growth in shipments abroad of sulphates; alums; peroxosulphates (persulphates)s, when their volume increased by 123% to 3.8 tons. In general, exports, however, recorded a sharp decrease.

In value terms, sulphates; alums; peroxosulphates (persulphates) exports skyrocketed to $557 in 2022. Overall, exports, however, saw a sharp decline.

Export of Sulphates; Alums; Peroxosulphates (Persulphates) in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sudan2,292852260556-37.6%
Others499N/AN/A1.0-87.4%
Total2,791852260557-41.6%

Top Export Markets for Sulphates; Alums; Peroxosulphates (Persulphates) from Ethiopia in 2022:

  1. Sudan (3.8 tons)

Source: IndexBox Market Intelligence Platform

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