Ethiopia - Parts Of Chains Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 13, 2024

Ethiopia - Parts Of Chains Of Iron Or Steel - Market Analysis, Forecast, Size, Trends And Insights

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Metal Chain Parts Price in Ethiopia - 2022

Contents:

  1. Metal Chain Parts Price in Ethiopia (CIF) - 2022
  2. Metal Chain Parts Price in Ethiopia (FOB) - 2022
  3. Metal Chain Parts Imports in Ethiopia
  4. Metal Chain Parts Exports in Ethiopia

Metal Chain Parts Price in Ethiopia (CIF) - 2022

The average metal chain parts import price stood at $2,785 per ton in 2022, which is down by -65% against the previous year. Overall, the import price showed a deep slump. The most prominent rate of growth was recorded in 2018 an increase of 61%. Over the period under review, average import prices reached the maximum at $10,839 per ton in 2012; however, from 2013 to 2022, 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 Poland ($23,227 per ton), while the price for China ($2,006 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+12.4%), while the prices for the other major suppliers experienced a decline.

Metal Chain Parts Price in Ethiopia (FOB) - 2022

The average metal chain parts export price stood at $42,000 per ton in 2022, remaining constant against the previous year. Overall, the export price, however, posted a significant increase. Over the period under review, the average export prices hit record highs at $42,500 per ton in 2021, and then shrank modestly in the following year.

As there is only one major export destination, the average price level is determined by prices for Nigeria.

From 2014 to 2022, the rate of growth in terms of prices for Nigeria amounted to +23.0% per year.

Metal Chain Parts Imports in Ethiopia

In 2022, supplies from abroad of parts of chains of iron or steel increased by 794% to 18 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a sharp setback.

In value terms, metal chain parts imports skyrocketed to $51K in 2022. In general, imports, however, recorded a precipitous descent.

Import of Metal Chain Parts in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China70.510.74.134.5-21.2%
Indonesia0.20.10.29.6263.4%
Japan48.11.70.6N/A-88.8%
Germany67.75.72.5N/A-80.8%
Others63.212.48.86.5-53.1%
Total25030.616.250.6-41.3%

Top Suppliers of Metal Chain Parts to Ethiopia in 2022:

  1. China (17.2 tons)
  2. Indonesia (0.7 tons)

Metal Chain Parts Exports in Ethiopia

In 2022, metal chain parts exports from Ethiopia dropped notably to 1 kg, waning by -50% against the year before. Overall, exports faced a dramatic curtailment.

In value terms, metal chain parts exports fell notably to $42 in 2022. Over the period under review, exports continue to indicate a dramatic setback.

Export of Metal Chain Parts in Ethiopia (USD)
COUNTRY20212022CAGR,
2021-2022
Nigeria70.042.0-40.0%
Djibouti15.0N/A0%
OthersN/AN/A0%
Total85.042.0-50.6%

Top Export Markets for Metal Chain Parts from Ethiopia in 2022:

  1. Nigeria (1.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the metal chain 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 25931780 - Parts of chains, n.e.c., of iron or steel

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Parts Of Chains Of Iron Or Steel - Ethiopia