Ethiopia: Market for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm 2024

Market Size for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm in Ethiopia

The Ethiopian market for aluminium plates, sheets and strip of thickness over X mm expanded to $X in 2022, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, posted a resilient expansion. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Exports of Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Exports from Ethiopia

In 2017, after two years of decline, there was decline in overseas shipments of aluminium plates, sheets and strip of thickness over X mm, when their volume decreased by X% to X kg. In general, exports recorded a abrupt contraction. The smallest decline of X% was in 2015. The exports peaked at X kg in 2014; however, from 2015 to 2017, the exports remained at a lower figure.

In value terms, exports of aluminium plates, sheets and strip of thickness over X mm totaled $X in 2017. Over the period under review, exports saw a precipitous contraction. The smallest decline of X% was in 2015. The exports peaked at $X in 2014; however, from 2015 to 2017, the exports remained at a lower figure.

Exports by Country

Turkey (X kg) was the main destination for exports of aluminium plates, sheets and strip of thickness over X mm from Ethiopia, accounting for a approx. X% share of total exports.

From 2014 to 2017, the average annual rate of growth in terms of volume to Turkey was relatively modest.

From 2014 to 2017, the average annual growth rate of value to Turkey was relatively modest.

Export Prices by Country

The average export price for aluminium plates, sheets and strip of thickness over X mm stood at $X per ton in 2017, approximately mirroring the previous year. Overall, the export price showed a sharp curtailment. The most prominent rate of growth was recorded in 2015 a decrease of X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2017, 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 Turkey.

From 2014 to 2017, the rate of growth in terms of prices for Turkey amounted to X% per year.

Imports of Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Imports into Ethiopia

In 2022, supplies from abroad of aluminium plates, sheets and strip of thickness over X mm decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, imports of aluminium plates, sheets and strip of thickness over X mm expanded remarkably to $X in 2022. Overall, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) was the main aluminium plate, sheet and strip of thickness over X mm supplier to Ethiopia, with a X% share of total imports. Moreover, imports of aluminium plates, sheets and strip of thickness over X mm from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Turkey (X% per year).

In value terms, China ($X) constituted the largest supplier of aluminium plates, sheets and strip of thickness over X mm to Ethiopia, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Turkey (X% per year).

Import Prices by Country

In 2022, the average import price for aluminium plates, sheets and strip of thickness over X mm amounted to $X per ton, rising by X% against the previous year. Over the period under review, import price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium plates, sheets and strip of thickness over X mm increased by X% against 2018 indices. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform