Non-Enclosed Loudspeakers Price in Ethiopia - 2022

Contents:

  1. Non-Enclosed Loudspeakers Price in Ethiopia (CIF) - 2022
  2. Non-Enclosed Loudspeakers Price in Ethiopia (FOB) - 2022
  3. Non-Enclosed Loudspeakers Imports in Ethiopia
  4. Non-Enclosed Loudspeakers Exports in Ethiopia

Non-Enclosed Loudspeakers Price in Ethiopia (CIF) - 2022

In 2022, the average non-enclosed loudspeakers import price amounted to $91 per unit, jumping by 55% against the previous year. Overall, the import price showed moderate growth. The import price peaked at $146 per unit in 2018; however, from 2019 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 the United Arab Emirates ($157 per unit), while the price for India ($48 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Non-Enclosed Loudspeakers Price in Ethiopia (FOB) - 2022

In 2022, the average non-enclosed loudspeakers export price amounted to $274 per unit, surging by 33% against the previous year. Overall, the export price continues to indicate a modest expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 136%. As a result, the export price attained the peak level of $363 per unit. From 2015 to 2022, the average 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 Israel ($543 per unit), while the average price for exports to the United States ($146 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+34.2%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Enclosed Loudspeakers Imports in Ethiopia

In 2022, non-enclosed loudspeakers imports into Ethiopia fell remarkably to 35K units, waning by -16% compared with 2021. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 661% against the previous year. As a result, imports attained the peak of 41K units, and then dropped notably in the following year.

In value terms, non-enclosed loudspeakers imports skyrocketed to $3.1M in 2022. In general, imports showed a drastic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 491%. Imports peaked at $4.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Non-Enclosed Loudspeakers in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,8883711,3552,706-2.1%
Italy2390.3130203-5.3%
India28717.6280130-23.2%
United Arab Emirates1357.811717.2-49.7%
Vietnam1962.22490.6-85.5%
Others3107.426975.2-37.6%
Total4,0554062,3993,132-8.2%

Top Suppliers of Non-Enclosed Loudspeakers to Ethiopia in 2022:

  1. China (29.9K units)
  2. India (2.7K units)
  3. Italy (1.4K units)
  4. United Arab Emirates (0.1K units)

Non-Enclosed Loudspeakers Exports in Ethiopia

In 2022, the amount of loudspeakers (not in enclosure) exported from Ethiopia fell rapidly to 59 units, which is down by -37.9% against the previous year. Over the period under review, exports recorded a sharp downturn. The pace of growth appeared the most rapid in 2021 with an increase of 6.7%. Over the period under review, the exports reached the peak figure at 120 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, non-enclosed loudspeakers exports dropped sharply to $16K in 2022. In general, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. The exports peaked at $24K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Non-Enclosed Loudspeakers in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland1001825441,982170.6%
Sweden1842197751,539103.0%
El SalvadorN/AN/AN/A1,2380%
Tanzania71.036467.01,211157.4%
United States2,5773511591,171-23.1%
Israel6494635431,08518.7%
France2339308151,06566.0%
Italy45523217994127.4%
Belgium1,379964122817-16.0%
Myanmar94056.0242723-8.4%
Ireland539334340514-1.6%
Kenya1,71445.0782429-37.0%
Peru84.077.011638566.1%
Others15,10510,94514,8543,068-41.2%
Total24,03015,16219,53816,168-12.4%

Top Export Markets for Non-Enclosed Loudspeakers from Ethiopia in 2022:

  1. United States (8.0 units)
  2. Switzerland (7.0 units)
  3. Italy (6.0 units)
  4. Tanzania (5.0 units)
  5. El Salvador (4.0 units)
  6. Sweden (3.0 units)
  7. Israel (2.0 units)
  8. Peru (2.0 units)
  9. Myanmar (2.0 units)
  10. France (2.0 units)
  11. Ireland (2.0 units)
  12. Belgium (2.0 units)
  13. Kenya (2.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Loudspeakers (Not In Enclosure) - Ethiopia