Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ethiopia - 2022
Contents:
- Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ethiopia (CIF) - 2022
- Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ethiopia
Price for Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ethiopia (CIF) - 2022
In 2022, the average import price for casting machines; of a kind used in metallurgy or in metal foundrieses amounted to $167,111 per unit, increasing by 376% against the previous year. Over the period under review, the import price saw strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to +7.1% per year.
Imports of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ethiopia
In 2022, supplies from abroad of casting machines; of a kind used in metallurgy or in metal foundrieses decreased by -83.3% to 1 units, falling for the second year in a row after two years of growth. In general, imports saw a dramatic shrinkage. The pace of growth appeared the most rapid in 2020 with an increase of 17%. As a result, imports attained the peak of 7 units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of casting machines; of a kind used in metallurgy or in metal foundrieses shrank notably to $167K in 2022. Over the period under review, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 115%. As a result, imports reached the peak of $211K, and then contracted rapidly in the following year.
| Import of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.1 | 1.1 | 177 | 167 | 163.8% |
| Germany | N/A | N/A | 1.7 | N/A | 0% |
| Tunisia | N/A | N/A | 0.2 | N/A | 0% |
| India | 57.3 | 95.0 | 27.9 | N/A | -30.2% |
| Egypt | N/A | 1.4 | N/A | N/A | 0% |
| Italy | 0.1 | 0.1 | 2.5 | N/A | 400.0% |
| Turkey | N/A | N/A | 1.6 | N/A | 0% |
| Others | N/A | N/A | N/A | 0.1 | 0% |
| Total | 66.6 | 97.7 | 211 | 167 | 35.9% |
Top Suppliers of Casting Machines; of A Kind Used in Metallurgy or in Metal Foundries to Ethiopia in 2022:
- China (1.0 units)
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