Ethiopia - Plastic Fittings For Furniture - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPlastic Furniture Fittings Price in Ethiopia - 2021
Contents:
- Plastic Furniture Fittings Price in Ethiopia (CIF) - 2022
- Plastic Furniture Fittings Price in Ethiopia (FOB) - 2022
- Plastic Furniture Fittings Imports in Ethiopia
- Plastic Furniture Fittings Exports in Ethiopia
Plastic Furniture Fittings Price in Ethiopia (CIF) - 2022
The average plastic furniture fittings import price stood at $2,205 per ton in 2022, increasing by 2.9% against the previous year. Over the last decade, it increased at an average annual rate of +2.1%. The pace of growth appeared the most rapid in 2013 an increase of 64% against the previous year. As a result, import price attained the peak level of $2,921 per ton. From 2014 to 2022, the average 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 Turkey ($2,889 per ton), while the price for the United States ($1,503 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced a decline.
Plastic Furniture Fittings Price in Ethiopia (FOB) - 2022
In 2022, the average plastic furniture fittings export price amounted to $11,520 per ton, with an increase of 50% against the previous year. In general, the export price enjoyed a tangible expansion. The pace of growth was the most pronounced in 2015 when the average export price increased by 123%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($17,500 per ton), while the average price for exports to Ireland ($750 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 the Netherlands (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.
Plastic Furniture Fittings Imports in Ethiopia
In 2022, after three years of growth, there was significant decline in purchases abroad of plastic fittings for furniture, when their volume decreased by -20.5% to 159 tons. In general, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 177% against the previous year. As a result, imports attained the peak of 200 tons, and then fell rapidly in the following year.
In value terms, plastic furniture fittings imports dropped notably to $350K in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 157%. As a result, imports attained the peak of $428K, and then fell rapidly in the following year.
| Import of Plastic Furniture Fittings in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 42.0 | 127 | 254 | 247 | 80.5% |
| United States | 0.3 | 5.4 | 69.3 | 48.3 | 444.0% |
| Turkey | 3.7 | 4.6 | 4.7 | 36.8 | 115.1% |
| Austria | 2.8 | 3.4 | 5.6 | N/A | 41.4% |
| Others | 21.3 | 26.1 | 94.0 | 17.4 | -6.5% |
| Total | 70.1 | 166 | 428 | 350 | 70.9% |
Top Suppliers of Plastic Furniture Fittings to Ethiopia in 2022:
- China (110.9 tons)
- United States (32.1 tons)
- Turkey (12.7 tons)
Plastic Furniture Fittings Exports in Ethiopia
In 2022, shipments abroad of plastic fittings for furniture decreased by -34.2% to 25 kg, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 24% against the previous year. As a result, the exports attained the peak of 41 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, plastic furniture fittings exports reduced to $288 in 2022. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 106%. As a result, the exports attained the peak of $295. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Plastic Furniture Fittings in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | N/A | N/A | N/A | 280 | 0% |
| Ireland | N/A | N/A | N/A | 6.0 | 0% |
| Austria | 5.0 | 3.0 | 1.0 | 2.0 | -26.3% |
| United States | N/A | 188 | N/A | N/A | 0% |
| United Arab Emirates | N/A | N/A | 274 | N/A | 0% |
| Mexico | N/A | 84.0 | N/A | N/A | 0% |
| Netherlands | N/A | 20.0 | 3.0 | N/A | -85.0% |
| Ghana | 138 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 14.0 | N/A | 0% |
| Total | 143 | 295 | 292 | 288 | 26.3% |
Top Export Markets for Plastic Furniture Fittings from Ethiopia in 2022:
- Norway (16.0 kg)
- Ireland (8.0 kg)
- Austria (1.0 kg)
This report provides an in-depth analysis of the plastic furniture fittings 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 22292610 - Plastic fittings for furniture, coachwork or the like
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
104
This report provides an in-depth analysis of the plastic furniture fittings market in Ethiopia.
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This report provides an in-depth analysis of the global plastic furniture fittings market.
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This report provides an in-depth analysis of the plastic furniture fittings market in Ethiopia.
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This report provides an in-depth analysis of the office supply market in Ethiopia.
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This report provides an in-depth analysis of the plastic ornamental articles market in Ethiopia.
473
This report provides an in-depth analysis of the global plastic furniture fittings market.
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