Report Update: May 1, 2024

Ethiopia - Table, Kitchen Or Household Articles And Parts Of Iron - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Iron Household Articles Price in Ethiopia - 2022

Iron Household Articles Price in Ethiopia (CIF) - 2022

In 2022, the average iron household articles import price amounted to $4,274 per ton, rising by 12% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 124%. As a result, import price attained the peak level of $6,528 per ton. From 2017 to 2022, the average import prices remained at a 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 Belgium ($15,408 per ton), while the price for Saudi Arabia ($2,096 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Iron Household Articles Price in Ethiopia (FOB) - 2022

The average iron household articles export price stood at $4,499 per ton in 2022, declining by -6.3% against the previous year. In general, the export price continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 61% against the previous year. As a result, the export price attained the peak level of $9,852 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($9,565 per ton), while the average price for exports to Egypt ($1,677 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Djibouti (+14.9%), while the prices for the other major destinations experienced more modest paces of growth.

Iron Household Articles Imports in Ethiopia

For the third year in a row, Ethiopia recorded decline in purchases abroad of table, kitchen or household articles and parts of iron, which decreased by -21.1% to 467 tons in 2022. Over the period under review, imports continue to indicate a deep slump. The smallest decline of -2.1% was in 2021.

In value terms, iron household articles imports declined to $2M in 2022. Overall, imports showed a mild slump. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. As a result, imports attained the peak of $2.3M, and then contracted in the following year.

Import of Iron Household Articles in Ethiopia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	457	235	364	882	24.5%
India	311	219	440	398	8.6%
Belgium	70.0	22.2	193	199	41.7%
South Africa	9.3	34.1	8.7	76.9	102.2%
Brazil	N/A	43.6	0.4	66.7	23.7%
United States	16.8	13.1	131	61.8	54.4%
Saudi Arabia	11.1	2.3	12.8	25.7	32.3%
Turkey	63.1	46.8	22.6	22.9	-28.7%
United Arab Emirates	788	504	463	6.5	-79.8%
Others	330	804	618	255	-8.2%
Total	2,056	1,924	2,253	1,995	-1.0%

Top Suppliers of Iron Household Articles to Ethiopia in 2022:

China (207.2 tons)
India (148.4 tons)
United States (15.9 tons)
South Africa (14.8 tons)
Belgium (12.9 tons)
Saudi Arabia (12.2 tons)
Brazil (8.0 tons)
Turkey (7.6 tons)
United Arab Emirates (2.3 tons)

Iron Household Articles Exports in Ethiopia

In 2022, exports of table, kitchen or household articles and parts of iron from Ethiopia soared to 75 tons, increasing by 54% against 2021 figures. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, iron household articles exports skyrocketed to $338K in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +98.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Iron Household Articles in Ethiopia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Switzerland	4.4	2.6	2.1	78.2	161.0%
Belgium	41.9	35.6	38.6	69.6	18.4%
Kenya	8.3	0.6	2.5	25.9	46.1%
United States	30.1	22.8	23.5	23.7	-7.7%
Sweden	11.3	1.1	29.8	20.6	22.2%
Netherlands	0.9	1.7	9.4	19.7	179.7%
Djibouti	N/A	N/A	N/A	16.2	0%
Germany	0.8	13.0	11.2	15.6	169.2%
Tanzania	0.1	9.6	2.7	7.8	327.3%
South Africa	7.8	7.6	11.6	5.8	-9.4%
Myanmar	N/A	0.5	N/A	2.5	123.6%
Egypt	1.9	6.3	1.1	1.9	0.0%
Turkey	17.5	0.4	N/A	1.1	-60.2%
Others	105	68.4	102	49.1	-22.4%
Total	230	170	235	338	13.7%

Top Export Markets for Iron Household Articles from Ethiopia in 2022:

Belgium (21.5 tons)
Switzerland (11.8 tons)
Kenya (9.0 tons)
Netherlands (4.6 tons)
Sweden (4.3 tons)
United States (3.6 tons)
Djibouti (2.3 tons)
South Africa (1.9 tons)
Tanzania (1.9 tons)
Germany (1.6 tons)
Myanmar (1.3 tons)
Egypt (1.2 tons)
Turkey (0.1 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the iron household articles 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 25991245 - Table, kitchen or household articles and parts thereof of iron other than cast iron, or steel other than stainless (excl. enamelled)

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