Ethiopia - Crawler Tractors - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCrawler Tractor Price in Ethiopia - 2022
Contents:
- Crawler Tractor Price in Ethiopia (CIF) - 2022
- Crawler Tractor Price in Ethiopia (FOB) - 2022
- Crawler Tractor Imports in Ethiopia
- Crawler Tractor Exports in Ethiopia
Crawler Tractor Price in Ethiopia (CIF) - 2022
In 2022, the average crawler tractor import price amounted to $225,588 per unit, surging by 21% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, crawler tractor import price increased by +43.4% against 2019 indices. The most prominent rate of growth was recorded in 2016 an increase of 24% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.
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 China ($337,413 per unit), while the price for Brazil ($115,547 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Crawler Tractor Price in Ethiopia (FOB) - 2022
The average crawler tractor export price stood at $39,918 per unit in 2022, stabilizing at the previous year. Over the period under review, the export price faced a deep downturn. The pace of growth appeared the most rapid in 2021 when the average export price decreased by 99.9%. Over the period under review, the average export prices attained the maximum at $157,016 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for China.
From 2013 to 2022, the rate of growth in terms of prices for the United States amounted to 0.0% per year.
Crawler Tractor Imports in Ethiopia
In 2022, approx. 114 units of crawler tractors were imported into Ethiopia; rising by 9.6% on the previous year. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 16% against the previous year. As a result, imports attained the peak of 131 units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, crawler tractor imports surged to $26M in 2022. The total import value increased at an average annual rate of +13.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Crawler Tractor in Ethiopia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 5.0 | 11.3 | 12.4 | 13.2 | 38.2% |
| China | 0.5 | 1.0 | 1.4 | 5.7 | 125.1% |
| Turkey | 0.6 | 1.3 | 0.5 | 2.9 | 69.1% |
| India | 1.6 | 2.6 | 0.1 | 2.6 | 17.6% |
| Italy | 1.8 | 1.2 | 1.0 | 0.9 | -20.6% |
| Brazil | 5.2 | 1.5 | 1.0 | 0.3 | -61.4% |
| Denmark | 0.2 | 0.2 | 0.2 | N/A | 0.0% |
| Mexico | 1.2 | 1.4 | 1.3 | N/A | 4.1% |
| Others | 1.8 | 2.1 | 1.7 | 0.1 | -61.8% |
| Total | 17.8 | 22.6 | 19.4 | 25.7 | 13.0% |
Top Suppliers of Crawler Tractor to Ethiopia in 2022:
- United Kingdom (50.0 units)
- India (21.0 units)
- China (17.0 units)
- Turkey (16.0 units)
- Italy (5.0 units)
- Brazil (3.0 units)
Crawler Tractor Exports in Ethiopia
In 2022, crawler tractor exports from Ethiopia was estimated at 1 units, approximately mirroring 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, crawler tractor exports amounted to $40K in 2022. Overall, exports recorded a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Crawler Tractor in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| China | N/A | N/A | 39.9 | 0% | |
| United States | 21.5 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 21.5 | N/A | 39.9 | 36.2% | |
Top Export Markets for Crawler Tractor from Ethiopia in 2022:
- China (1.0 units)
This report provides an in-depth analysis of the crawler tractor 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 28925000 - (Crawler tractors) Track-laying tractors
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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