Report Update: May 1, 2024

Ethiopia - Christmas Decoration - Market Analysis, Forecast, Size, Trends And Insights

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Christmas Decoration Price in Ethiopia - 2022

Christmas Decoration Price in Ethiopia (CIF) - 2022

The average christmas decoration import price stood at $0.9 per unit in 2022, shrinking by -10.7% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when the average import price increased by 28% against the previous year. The import price peaked at $1 per unit in 2021, and then shrank in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +1.4% per year.

Christmas Decoration Price in Ethiopia (FOB) - 2022

In 2022, the average christmas decoration export price amounted to $1.9 per unit, surging by 2.3% against the previous year. In general, the export price, however, recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2014 when the average export price increased by 51%. Over the period under review, the average export prices reached the peak figure at $3.3 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($4.6 per unit), while the average price for exports to Canada ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Togo (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.

Christmas Decoration Imports in Ethiopia

For the third year in a row, Ethiopia recorded decline in overseas purchases of christmas decoration, which decreased by -33.3% to 275K units in 2022. In general, imports continue to indicate a sharp contraction. The smallest decline of -9.3% was in 2021. Over the period under review, imports hit record highs at 793K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, christmas decoration imports declined dramatically to $249K in 2022. Over the period under review, imports saw a significant decline. The smallest decline of -0.9% was in 2021. Imports peaked at $575K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Christmas Decoration in Ethiopia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	545	399	395	234	-24.6%
Others	29.5	23.5	23.2	15.1	-20.0%
Total	575	422	418	249	-24.3%

Top Suppliers of Christmas Decoration to Ethiopia in 2022:

China (266.0K units)

Christmas Decoration Exports in Ethiopia

In 2022, after two years of decline, there was significant growth in overseas shipments of christmas decoration, when their volume increased by 2,045% to 15K units. Over the period under review, exports, however, continue to indicate a perceptible contraction. Over the period under review, the exports attained the maximum at 17K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, christmas decoration exports surged to $29K in 2022. Overall, exports, however, recorded a abrupt decline. Over the period under review, the exports hit record highs at $46K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Christmas Decoration in Ethiopia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	8.7	0.1	0.2	15.0	19.9%
Belgium	0.3	3.8	0.1	2.6	105.4%
Kenya	0.3	0.8	N/A	1.5	71.0%
Denmark	N/A	N/A	N/A	1.1	0%
France	0.5	0.3	0.1	0.5	0.0%
Namibia	N/A	N/A	N/A	0.5	0%
Democratic Republic of the Congo	N/A	N/A	N/A	0.2	0%
Ghana	0.1	N/A	N/A	0.1	0.0%
Canada	1.6	2.1	N/A	0.1	-60.3%
Togo	N/A	N/A	N/A	0.1	0%
United Arab Emirates	N/A	N/A	N/A	0.1	0%
Spain	N/A	24.5	0.1	N/A	-99.6%
United Kingdom	10.3	0.8	0.2	N/A	-86.1%
Others	24.0	7.4	0.7	7.0	-33.7%
Total	45.8	40.0	1.3	28.8	-14.3%

Top Export Markets for Christmas Decoration from Ethiopia in 2022:

Germany (6.0K units)
Belgium (2.8K units)
France (0.9K units)
Namibia (0.9K units)
Democratic Republic of the Congo (0.7K units)
Kenya (0.7K units)
Canada (0.5K units)
Togo (0.3K units)
United Arab Emirates (0.3K units)
Ghana (0.2K units)
Denmark (0.2K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the christmas decoration 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 32995130 - Articles for Christmas festivities (excluding electric garlands, n atural Christmas trees, Christmas tree stands, candles, s tatuettes, statues and the like used for decorating places of worship)

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