Isolating Switch Price in Ethiopia - 2022

Isolating Switch Price in Ethiopia (CIF) - 2022

The average isolating switch import price stood at $15 per unit in 2022, falling by -16.3% against the previous year. Overall, the import price continues to indicate a deep slump. The pace of growth appeared the most rapid in 2015 an increase of 79%. The import price peaked at $39 per unit in 2013; however, from 2014 to 2022, import prices stood 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 Switzerland ($149 per unit), while the price for Egypt ($4.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+27.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Isolating Switch Price in Ethiopia (FOB) - 2022

In 2022, the average isolating switch export price amounted to $11 per unit, picking up by 13% against the previous year. In general, the export price, however, saw a deep contraction. The pace of growth appeared the most rapid in 2018 an increase of 256%. Over the period under review, the average export prices attained the peak figure at $30 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to -3.4% per year.

Isolating Switch Imports in Ethiopia

In 2022, the amount of isolating switches & make-and-break switches imported into Ethiopia reached 247K units, growing by 4.5% on the previous year's figure. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 215%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, isolating switch imports reduced to $3.7M in 2022. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 158%. Imports peaked at $4.3M in 2021, and then shrank in the following year.

Import of Isolating Switch in Ethiopia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
India	46.9	332	542	834	161.0%
Egypt	84.3	435	612	813	112.9%
Switzerland	231	764	530	589	36.6%
France	253	589	108	511	26.4%
Turkey	9.1	15.5	64.3	325	229.3%
China	341	864	597	229	-12.4%
Italy	256	39.1	336	157	-15.0%
Poland	N/A	N/A	1,256	N/A	0%
Others	25.7	170	232	285	123.0%
Total	1,246	3,209	4,276	3,743	44.3%

Top Suppliers of Isolating Switch to Ethiopia in 2022:

Egypt (173.4K units)
India (23.8K units)
China (17.2K units)
Turkey (16.9K units)
Italy (3.9K units)
Switzerland (3.9K units)
France (2.9K units)

Isolating Switch Exports in Ethiopia

In 2022, shipments abroad of isolating switches & make-and-break switches decreased by -7.7% to 12 units, falling for the second consecutive year after two years of growth. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -25.0% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 78% against the previous year. As a result, the exports attained the peak of 16 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, isolating switch exports expanded to $126 in 2022. In general, exports showed a noticeable reduction. Over the period under review, the exports attained the maximum at $145 in 2019; however, from 2020 to 2022, the exports remained at a lower figure.