Report Update Nov 1, 2024

Ethiopia - Naphthalene and Other Aromatic Hydrocarbon Mixtures - Market Analysis, Forecast, Size, Trends and Insights

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Ethiopia: Aromatic Hydrocarbon Mixtures Market 2024

Aromatic Hydrocarbon Mixtures Market Size in Ethiopia

After nine years of decline, the Ethiopian aromatic hydrocarbon mixtures market increased by 222% to $X in 2022. Over the period under review, consumption, however, continues to indicate a sharp shrinkage. Aromatic hydrocarbon mixtures consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Aromatic Hydrocarbon Mixtures Exports

Exports from Ethiopia

In 2017, shipments abroad of naphthalene and other aromatic hydrocarbon mixtures decreased by 0% to less than X kg, falling for the second year in a row after two years of decline. Overall, exports continue to indicate a relatively flat trend pattern. The smallest decline of 99.9% was in 2016. Over the period under review, the exports hit record highs at X kg in 2015; however, from 2016 to 2017, the exports stood at a somewhat lower figure.

In value terms, aromatic hydrocarbon mixtures exports totaled $X in 2017. Over the period under review, exports showed a significant increase. The smallest decline of 99.9% was in 2016. Over the period under review, the exports reached the maximum in 2017 and are likely to see steady growth in the immediate term.

Exports by Country

The Netherlands (X kg) and Turkey (X kg) were the main destinations of aromatic hydrocarbon mixtures exports from Ethiopia.

From 2013 to 2015, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of 0.0%).

In value terms, the Netherlands ($X) and Turkey ($X) were the largest markets for aromatic hydrocarbon mixtures exported from Ethiopia worldwide.

Among the main countries of destination, the Netherlands, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average aromatic hydrocarbon mixtures export price stood at $X per ton in 2015, stabilizing at the previous year. Over the period under review, the export price faced a deep downturn. The growth pace was the most rapid in 2014 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2015, the export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2015, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Turkey stood at $X per ton.

From 2013 to 2015, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

Aromatic Hydrocarbon Mixtures Imports

Imports into Ethiopia

In 2022, overseas purchases of naphthalene and other aromatic hydrocarbon mixtures increased by 214% to X tons for the first time since 2012, thus ending a nine-year declining trend. Over the period under review, imports, however, faced a significant contraction. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, aromatic hydrocarbon mixtures imports soared to $X in 2022. Overall, imports, however, continue to indicate a sharp downturn. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Singapore (X tons), South Korea (X tons) and the United Arab Emirates (X tons) were the main suppliers of aromatic hydrocarbon mixtures imports to Ethiopia, with a combined 98% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of -12.2%), while purchases for the other leaders experienced a decline.

In value terms, the largest aromatic hydrocarbon mixtures suppliers to Ethiopia were South Korea ($X), the United Arab Emirates ($X) and Singapore ($X), together comprising 97% of total imports.

Among the main suppliers, Singapore, with a CAGR of -15.3%, 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 a decline.

Import Prices by Country

In 2022, the average aromatic hydrocarbon mixtures import price amounted to $X per ton, surging by 3.4% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, aromatic hydrocarbon mixtures import price increased by +84.5% against 2016 indices. The most prominent rate of growth was recorded in 2018 an increase of 32%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

This report provides an in-depth analysis of the aromatic hydrocarbon mixtures market in Ethiopia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 20147340 - Naphthalene and other aromatic hydrocarbon mixtures (excluding benzole, toluole, xylole)

Country coverage:

Ethiopia

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ethiopia
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023