Ethiopia - Generators For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEngine Generator Price in Ethiopia - 2022
Contents:
- Engine Generator Price in Ethiopia (CIF) - 2022
- Engine Generator Price in Ethiopia (FOB) - 2022
- Engine Generator Imports in Ethiopia
- Engine Generator Exports in Ethiopia
Engine Generator Price in Ethiopia (CIF) - 2022
In 2022, the average engine generator import price amounted to $77 per unit, rising by 17% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 39% against the previous year. The import price peaked at $116 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 Portugal ($146 per unit), while the price for the Netherlands ($43 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+0.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Engine Generator Price in Ethiopia (FOB) - 2022
In 2022, the average engine generator export price amounted to $62 per unit, falling by -18.5% against the previous year. Over the period under review, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2015 an increase of 73% against the previous year. As a result, the export price attained the peak level of $196 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Tanzania ($63 per unit), while the average price for exports to the United States amounted to $62 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-2.4%), while the prices for the other major destinations experienced a decline.
Engine Generator Imports in Ethiopia
In 2022, imports of generators for internal combustion engines into Ethiopia declined to 12K units, which is down by -8.1% on 2021. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 72%. As a result, imports attained the peak of 13K units, and then shrank in the following year.
In value terms, engine generator imports rose significantly to $937K in 2022. Over the period under review, total imports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 64%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Engine Generator in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 114 | 19.9 | 247 | 301 | 38.2% |
| United States | 470 | 383 | 140 | 158 | -30.5% |
| India | 1.1 | 1.4 | 9.8 | 150 | 414.7% |
| Japan | 9.1 | 6.6 | 17.7 | 82.8 | 108.8% |
| Portugal | N/A | N/A | N/A | 59.4 | 0% |
| Netherlands | 9.0 | 8.3 | 27.3 | 35.7 | 58.3% |
| Mexico | 1.4 | 2.8 | 4.0 | 22.6 | 152.7% |
| Italy | 54.3 | 21.6 | 9.2 | 6.3 | -51.2% |
| Others | 235 | 87.3 | 418 | 122 | -19.6% |
| Total | 894 | 531 | 873 | 937 | 1.6% |
Top Suppliers of Engine Generator to Ethiopia in 2022:
- China (4.2K units)
- United States (2.2K units)
- India (2.0K units)
- Japan (1.1K units)
- Netherlands (0.8K units)
- Portugal (0.4K units)
- Mexico (0.3K units)
- Italy (0.1K units)
Engine Generator Exports in Ethiopia
In 2022, overseas shipments of generators for internal combustion engines increased by 6,969% to 919 units for the first time since 2019, thus ending a two-year declining trend. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, engine generator exports surged to $57K in 2022. Overall, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Engine Generator in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.2 | 2.6 | 0.5 | 50.3 | 183.8% |
| Tanzania | N/A | N/A | N/A | 7.1 | 0% |
| Others | 3.4 | 1.1 | 0.5 | N/A | -61.7% |
| Total | 5.7 | 3.7 | 1.0 | 57.4 | 115.9% |
Top Export Markets for Engine Generator from Ethiopia in 2022:
- United States (806.0 units)
- Tanzania (113.0 units)
This report provides an in-depth analysis of the engine generator 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 29312250 - Generators for internal combustion engines (including dynamos and alternators) (excluding dual-purpose startergenerators)
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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