O-Acetylsalicylic Acid Price in Ethiopia - 2022
Contents:
O-Acetylsalicylic Acid Price in Ethiopia (CIF) - 2022
The average o-acetylsalicylic acid import price stood at $2,306 per ton in 2022, declining by -40.5% against the previous year. Overall, the import price showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 an increase of 16% against the previous year. The import price peaked at $4,594 per ton in 2016; however, from 2017 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 India ($10,610 per ton), while the price for China totaled $1,854 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-0.9%), while the prices for the other major suppliers experienced a decline.
O-Acetylsalicylic Acid Imports in Ethiopia
In 2022, after two years of decline, there was significant growth in supplies from abroad of o-acetylsalicylic acid, its salts and esters, when their volume increased by 811% to 7.8 tons. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, o-acetylsalicylic acid imports skyrocketed to $18K in 2022. Overall, imports enjoyed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of O-Acetylsalicylic Acid in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.5 | 1.5 | 0.5 | 13.6 | 44.6% |
| India | 0.1 | 0.1 | 0.1 | 4.2 | 247.6% |
| Germany | 5.8 | 3.8 | 2.4 | N/A | -35.7% |
| Others | N/A | 0.1 | 0.2 | N/A | 100.0% |
| Total | 10.4 | 5.5 | 3.3 | 17.9 | 19.8% |
Top Suppliers of O-Acetylsalicylic Acid to Ethiopia in 2022:
- China (7.4 tons)
- India (0.4 tons)
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