Ethiopia - Electrical Parts Of Machinery Or Apparatus - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMachinery Electrical Parts Price in Ethiopia - 2022
Contents:
- Machinery Electrical Parts Price in Ethiopia (CIF) - 2022
- Machinery Electrical Parts Price in Ethiopia (FOB) - 2022
- Machinery Electrical Parts Imports in Ethiopia
- Machinery Electrical Parts Exports in Ethiopia
Machinery Electrical Parts Price in Ethiopia (CIF) - 2022
In 2022, the average machinery electrical parts import price amounted to $25,230 per ton, increasing by 34% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 60% against the previous year. The import price peaked at $26,408 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($187,500 per ton), while the price for India ($6,108 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Machinery Electrical Parts Price in Ethiopia (FOB) - 2022
The average machinery electrical parts export price stood at $10,143 per ton in 2022, remaining relatively unchanged against the previous year. Overall, the export price saw a pronounced setback. The growth pace was the most rapid in 2017 an increase of 42%. Over the period under review, the average export prices reached the peak figure at $15,968 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
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 France ($18,000 per ton), while the average price for exports to the United States totaled $3,000 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-2.4%).
Machinery Electrical Parts Imports in Ethiopia
In 2022, imports of electrical parts of machinery or apparatus into Ethiopia skyrocketed to 9.6 tons, jumping by 135% compared with the year before. In general, imports, however, saw a precipitous slump.
In value terms, machinery electrical parts imports soared to $243K in 2022. Over the period under review, imports recorded strong growth.
Import of Machinery Electrical Parts in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 88.6 | 223 | 10.0 | 61.5 | -11.5% |
South Africa | 26.6 | 67.4 | 12.0 | 32.0 | 6.4% |
France | 1.4 | 0.7 | 4.6 | 12.4 | 106.9% |
Turkey | 4.4 | 7.0 | 2.5 | 6.6 | 14.5% |
Indonesia | 5.5 | 7.9 | 1.6 | 4.8 | -4.4% |
Egypt | 5.3 | 5.5 | 0.8 | 1.7 | -31.5% |
India | 1.7 | 1.4 | 0.2 | 0.6 | -29.3% |
Others | 44.9 | 95.5 | 45.0 | 123 | 39.9% |
Total | 178 | 408 | 76.7 | 243 | 10.9% |
Top Suppliers of Machinery Electrical Parts to Ethiopia in 2022:
- China (3.8 tons)
- France (1.6 tons)
- South Africa (0.8 tons)
- Turkey (0.6 tons)
- Indonesia (0.2 tons)
- Egypt (0.1 tons)
- India (0.1 tons)
Machinery Electrical Parts Exports in Ethiopia
In 2022, the amount of electrical parts of machinery or apparatus exported from Ethiopia stood at 14 kg, leveling off at 2021. Over the period under review, exports showed a precipitous shrinkage. The smallest decline of 99.9% was in 2021.
In value terms, machinery electrical parts exports amounted to $142 in 2022. Overall, exports recorded a sharp setback. The smallest decline of 99.9% was in 2021.
Export of Machinery Electrical Parts in Ethiopia (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
France | 138 | N/A | 90.0 | -19.2% | |
United States | 7.0 | N/A | 3.0 | -34.5% | |
Nigeria | 1.0 | N/A | N/A | 0% | |
Germany | 1.0 | N/A | N/A | 0% | |
Others | 137 | N/A | 49.0 | -40.2% | |
Total | 284 | N/A | 142 | -29.3% |
Top Export Markets for Machinery Electrical Parts from Ethiopia in 2022:
- France (5.0 kg)
- United States (1.0 kg)
This report provides an in-depth analysis of the machinery electrical parts 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 27903390 - Electrical parts of machinery or apparatus, n.e.c.
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
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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
This report provides an in-depth analysis of the machinery electrical parts market in Ethiopia.
This report provides an in-depth analysis of the global machinery electrical parts market.
This report provides an in-depth analysis of the machinery electrical parts market in Ethiopia.
This report provides an in-depth analysis of the global machinery electrical parts market.
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