Concrete Mixer Price in Ethiopia - 2022
Contents:
- Concrete Mixer Price in Ethiopia (CIF) - 2022
- Concrete Mixer Price in Ethiopia (FOB) - 2022
- Concrete Mixer Imports in Ethiopia
- Concrete Mixer Exports in Ethiopia
Concrete Mixer Price in Ethiopia (CIF) - 2022
The average concrete mixer import price stood at $448 per unit in 2022, waning by -2.8% against the previous year. In general, the import price showed a mild slump. The most prominent rate of growth was recorded in 2018 an increase of 11% against the previous year. The import price peaked at $576 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 Italy ($770 per unit), while the price for China ($396 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Concrete Mixer Price in Ethiopia (FOB) - 2022
In 2022, the average concrete mixer export price amounted to $5,566 per unit, rising by 1,879% against the previous year. Overall, the export price posted a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +19.7% per year.
Concrete Mixer Imports in Ethiopia
In 2022, supplies from abroad of concrete or mortar mixers decreased by -48.9% to 5.9K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a pronounced slump. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. As a result, imports reached the peak of 11K units, and then plummeted in the following year.
In value terms, concrete mixer imports dropped markedly to $2.6M in 2022. In general, imports recorded a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of 41% against the previous year. As a result, imports attained the peak of $5.3M, and then shrank sharply in the following year.
| Import of Concrete Mixer in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 482 | 1,184 | 1,951 | 1,867 | 57.0% |
| Italy | 896 | 634 | 686 | 496 | -17.9% |
| Turkey | 504 | 740 | 1,990 | 140 | -34.8% |
| India | 4.3 | 4.4 | 2.7 | 71.8 | 155.6% |
| South Korea | 629 | 638 | 354 | N/A | -25.0% |
| Singapore | 148 | 164 | 109 | N/A | -14.2% |
| Others | 215 | 388 | 187 | 48.4 | -39.2% |
| Total | 2,878 | 3,753 | 5,280 | 2,623 | -3.0% |
Top Suppliers of Concrete Mixer to Ethiopia in 2022:
- China (4.7K units)
- Italy (0.6K units)
- Turkey (0.3K units)
- India (0.1K units)
Concrete Mixer Exports in Ethiopia
For the third year in a row, Ethiopia recorded decline in overseas shipments of concrete or mortar mixers, which decreased by -96% to 1 units in 2022. Over the period under review, exports showed a precipitous curtailment. The smallest decline of -12.1% was in 2020. Over the period under review, the exports hit record highs at 33 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, concrete mixer exports fell rapidly to $5.6K in 2022. In general, exports recorded a abrupt slump. The smallest decline of -11% was in 2021. The exports peaked at $8.9K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Concrete Mixer in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 5.6 | 0% |
| China | 1.2 | 2.4 | 2.6 | N/A | 47.2% |
| Djibouti | 3.9 | 5.5 | 4.4 | N/A | 6.2% |
| Tanzania | 3.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.9 | 7.9 | 7.0 | 5.6 | -14.3% |
Top Export Markets for Concrete Mixer from Ethiopia in 2022:
- Germany (1.0 units)
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