Ethiopia: Zinc Powder Market 2024

Zinc Powder Market Size in Ethiopia

The Ethiopian zinc powder market totaled $X in 2022, growing by X% against the previous year. In general, consumption showed a notable expansion. Over the period under review, the market reached the maximum level at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Zinc Powder Production in Ethiopia

In value terms, zinc powder production rose markedly to $X in 2022 estimated in export price. Over the period under review, production enjoyed a notable expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by X%. Zinc powder production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Zinc Powder Exports

Exports from Ethiopia

In 2022, shipments abroad of zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets) was finally on the rise to reach X tons after two years of decline. In general, exports, however, showed a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, zinc powder exports surged to $X in 2022. Over the period under review, exports, however, saw a abrupt contraction. Over the period under review, the exports reached the maximum at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Taiwan (Chinese) (X tons), India (X tons) and Kenya (X tons) were the main destinations of zinc powder exports from Ethiopia.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Kenya ($X), India ($X) and Taiwan (Chinese) ($X) were the largest markets for zinc powder exported from Ethiopia worldwide.

Among the main countries of destination, Taiwan (Chinese), with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2022, the average zinc powder export price amounted to $X per ton, picking up by X% against the previous year. Over the period under review, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($X per ton), while the average price for exports to Taiwan (Chinese) ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (X%), while the prices for the other major destinations experienced more modest paces of growth.

Zinc Powder Imports

Imports into Ethiopia

Zinc powder imports into Ethiopia reduced to X kg in 2022, waning by X% against the previous year's figure. Overall, imports recorded a deep downturn. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at X kg in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, zinc powder imports dropped to $X in 2022. In general, imports showed a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, India (X kg) constituted the largest zinc powder supplier to Ethiopia, accounting for a X% share of total imports. Moreover, zinc powder imports from India exceeded the figures recorded by the second-largest supplier, Sri Lanka (X kg), fourfold. The third position in this ranking was held by the UK (X kg), with a X% share.

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

In value terms, India ($X) constituted the largest supplier of zinc dust, powders and flakes (excluding zinc dust powders or flakes prepared as colours, paints or the like, zinc pellets) to Ethiopia, comprising X% of total imports. The second position in the ranking was held by Sri Lanka ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value from India totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sri Lanka (X% per year) and the UK (X% per year).

Import Prices by Country

In 2022, the average zinc powder import price amounted to $X per ton, waning by X% against the previous year. Overall, the import price showed a perceptible contraction. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($X per ton), while the price for Sri Lanka ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform