Ethiopia: Market for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground 2024

Market Size for Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground in Ethiopia

The Ethiopian market for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground fell to $X in 2022, dropping by -11.7% 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). Overall, consumption, however, enjoyed significant growth. Consumption of peaked at $X in 2021, and then dropped in the following year.

Exports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Exports from Ethiopia

In 2020, exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground from Ethiopia stood at X square meters, flattening at the previous year's figure. In general, exports recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 725%. Over the period under review, the exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground hit record highs in 2020 and are expected to retain growth in years to come.

In value terms, exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground totaled $X in 2020. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 746%. Over the period under review, the exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground hit record highs in 2020 and are expected to retain growth in years to come.

Exports by Country

The United Arab Emirates (X square meters) was the main destination for exports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground from Ethiopia, accounting for a approx. 100% share of total exports.

From 2012 to 2020, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest.

From 2012 to 2020, the average annual growth rate of value to the United Arab Emirates was relatively modest.

Export Prices by Country

The average export price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground stood at $X per square meter in 2020, stabilizing at the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 4.2% against the previous year. As a result, the export price attained the peak level of $X per square meter; afterwards, it flattened through to 2020.

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

From 2012 to 2020, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Imports of Float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground

Imports into Ethiopia

In 2022, after three years of growth, there was decline in supplies from abroad of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground, when their volume decreased by -1.5% to X square meters. Over the period under review, imports, however, showed resilient growth. The most prominent rate of growth was recorded in 2014 when imports increased by 314% against the previous year. Over the period under review, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout mass (body tinted), opacified, flashed or merely surface ground reached the maximum at X square meters in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground declined remarkably to $X in 2022. Overall, imports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2014 with an increase of 500%. Imports peaked at $X in 2021, and then shrank markedly in the following year.

Imports by Country

The United Arab Emirates (X square meters), China (X square meters) and Saudi Arabia (X square meters) were the main suppliers of imports of float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground to Ethiopia, with a combined 76% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of +42.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), China ($X) and Saudi Arabia ($X) were the largest float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground suppliers to Ethiopia, together comprising 75% of total imports.

In terms of the main suppliers, Saudi Arabia, with a CAGR of +48.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground stood at $X per square meter in 2022, waning by -13.9% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +6.6% 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 float glass and surface ground glass, in sheets, non-wired, other than coloured throughout the mass (body tinted), opacified, flashed or merely surface ground increased by +20.1% against 2020 indices. The growth pace was the most rapid in 2014 when the average import price increased by 45%. Over the period under review, average import prices attained the maximum at $X per square meter in 2021, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per square meter), while the price for Belgium ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform