Ethiopia - Goods Vehicles, With Spark-Ignition Internal Combustion Piston Engine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPetroleum-Engine Cargo Trucks Price in Ethiopia - 2022
Contents:
- Petroleum-Engine Cargo Trucks Price in Ethiopia (CIF) - 2022
- Petroleum-Engine Cargo Trucks Price in Ethiopia (FOB) - 2022
- Petroleum-Engine Cargo Trucks Imports in Ethiopia
- Petroleum-Engine Cargo Trucks Exports in Ethiopia
Petroleum-Engine Cargo Trucks Price in Ethiopia (CIF) - 2022
The average petroleum-engine cargo trucks import price stood at $32,530 per unit in 2022, reducing by -1.5% against the previous year. Overall, the import price, however, enjoyed perceptible growth. The pace of growth was the most pronounced in 2013 an increase of 55% against the previous year. The import price peaked at $60,824 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($105,703 per unit), while the price for Italy ($21,861 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 (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Petroleum-Engine Cargo Trucks Price in Ethiopia (FOB) - 2022
The average petroleum-engine cargo trucks export price stood at $34,676 per unit in 2022, with a decrease of -53.5% against the previous year. Overall, the export price, however, enjoyed a modest increase. The pace of growth was the most pronounced in 2021 an increase of 74%. As a result, the export price reached the peak level of $74,527 per unit, and then dropped notably in the following year.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +44.6% per year.
Petroleum-Engine Cargo Trucks Imports in Ethiopia
In 2022, overseas purchases of goods vehicles, with spark-ignition internal combustion piston engine decreased by -49.2% to 350 units, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a significant curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 57%. As a result, imports reached the peak of 1.5K units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, petroleum-engine cargo trucks imports plummeted to $11M in 2022. In general, imports continue to indicate a precipitous slump. The pace of growth was the most pronounced in 2020 when imports increased by 55% against the previous year. As a result, imports attained the peak of $45M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Petroleum-Engine Cargo Trucks in Ethiopia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.7 | 8.8 | 5.8 | 4.4 | 37.3% |
| Japan | 14.3 | 24.2 | 6.7 | 3.7 | -36.3% |
| Spain | 0.2 | 0.2 | 0.3 | 1.8 | 108.0% |
| India | 0.7 | 1.0 | 0.5 | 0.5 | -10.6% |
| Thailand | 0.5 | 1.0 | 0.3 | 0.4 | -7.2% |
| Italy | 5.9 | 0.4 | 0.1 | 0.2 | -67.6% |
| Switzerland | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| United Arab Emirates | 2.4 | 2.7 | 6.3 | N/A | 62.0% |
| Others | 3.3 | 6.9 | 2.6 | 0.4 | -50.5% |
| Total | 29.3 | 45.4 | 22.8 | 11.4 | -27.0% |
Top Suppliers of Petroleum-Engine Cargo Trucks to Ethiopia in 2022:
- China (182.0 units)
- Japan (107.0 units)
- India (18.0 units)
- Spain (17.0 units)
- Italy (8.0 units)
- Thailand (7.0 units)
Petroleum-Engine Cargo Trucks Exports in Ethiopia
In 2022, exports of goods vehicles, with spark-ignition internal combustion piston engine from Ethiopia contracted sharply to 9 units, waning by -18.2% against 2021 figures. Overall, exports continue to indicate a precipitous contraction. The exports peaked at 64 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, petroleum-engine cargo trucks exports shrank rapidly to $312K in 2022. Over the period under review, exports continue to indicate a precipitous curtailment. The smallest decline of -36% was in 2021. The exports peaked at $3.2M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Petroleum-Engine Cargo Trucks in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 360 | N/A | 312 | -6.9% |
| Tanzania | 477 | N/A | N/A | N/A | 0% |
| Nigeria | 44.6 | N/A | 26.5 | N/A | -22.9% |
| Djibouti | 2,530 | 922 | 648 | N/A | -49.4% |
| Philippines | N/A | N/A | 145 | N/A | 0% |
| Turkey | 162 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3,213 | 1,282 | 820 | 312 | -54.0% |
Top Export Markets for Petroleum-Engine Cargo Trucks from Ethiopia in 2022:
- China (9.0 units)
This report provides an in-depth analysis of the petroleum-engine cargo trucks 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 29104200 - Goods vehicles, with spark-ignition internal combustion piston engine, other goods vehicles, new
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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Global truck imports stood at X tons in 2016, dropping by -X% against the previous year figure. Overall, truck imports continue to indicate a measured curtailment. The pace of growth appeared th...
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