Price for Baby Carriages and Parts Thereof in Ethiopia - 2022

Contents:

1. Price for Baby Carriages and Parts Thereof in Ethiopia (CIF) - 2022
2. Price for Baby Carriages and Parts Thereof in Ethiopia (FOB) - 2022
3. Imports of Baby Carriages and Parts Thereof in Ethiopia
4. Exports of Baby Carriages and Parts Thereof in Ethiopia

Price for Baby Carriages and Parts Thereof in Ethiopia (CIF) - 2022

The average import price for baby carriages and parts thereoves stood at $2.6 per unit in 2022, increasing by 14% against the previous year. In general, the import price showed a tangible expansion. The growth pace was the most rapid in 2013 an increase of 183% against the previous year. As a result, import price reached the peak level of $5.5 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($5 per unit), while the price for China ($2.4 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 States (+8.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Baby Carriages and Parts Thereof in Ethiopia (FOB) - 2022

The average export price for baby carriages and parts thereoves stood at $2.8 per unit in 2022, declining by -82.9% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2019 when the average export price increased by 90%. Over the period under review, the average export prices attained the maximum at $16 per unit in 2021, and then reduced rapidly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($101 per unit), while the average price for exports to Lesotho ($0.4 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 Panama (+214.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Baby Carriages and Parts Thereof in Ethiopia

In 2022, approx. 17K units of baby carriages and parts thereoves were imported into Ethiopia; which is down by -27.4% against the year before. Over the period under review, imports faced a sharp decrease. Over the period under review, imports hit record highs at 50K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, baby carriages and parts thereof imports contracted dramatically to $44K in 2022. Overall, imports saw a sharp curtailment. The smallest decline of -7.3% was in 2021. Over the period under review, imports hit record highs at $94K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Baby Carriages and Parts Thereof to Ethiopia in 2022:

1. China (15.6K units)
2. United States (0.4K units)
3. Turkey (0.3K units)

Exports of Baby Carriages and Parts Thereof in Ethiopia

In 2022, the amount of baby carriages and parts thereoves exported from Ethiopia soared to 188 units, picking up by 359% compared with 2021. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, baby carriages and parts thereof exports dropped notably to $519 in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 62% against the previous year. As a result, the exports reached the peak of $660, and then dropped remarkably in the following year.

Top Export Markets for Baby Carriages and Parts Thereof from Ethiopia in 2022:

1. Lesotho (120.0 units)
2. Italy (38.0 units)
3. Mali (20.0 units)
4. Cameroon (7.0 units)

Source: IndexBox Market Intelligence Platform