Key Market Indicators
Zinc imports to Ethiopia are forecast to reach $64.8 million by 2026, up from $53.5 million in 2021. This represents a compound annual growth rate (CAGR) of 3.2%. Since 2000, demand for zinc in Ethiopia has grown by an average of 4.1% per year. In 2021, Ethiopia was the 41st largest importer of zinc, behind Denmark, which imported $53.5 million. The United States, Germany, and Belgium were the second, third, and fourth-largest importers, respectively. Exports of zinc from Ethiopia are expected to drop to $120,310 by 2026 from $173,060 in 2021, at a CAGR of 6.1%. Since 2008, Ethiopian zinc exports have declined by 6.6% per year on average. In 2021, Ethiopia was the 82nd largest exporter of zinc, behind Sri Lanka, which exported $173,060. Belgium, Canada, and Australia were the second, third, and fourth-largest exporters, respectively.
