Ethiopia - Conveyor Or Transmission Belts Or Belting - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Conveyor or Transmission Belt in Ethiopia - 2022
Contents:
- Price for Conveyor or Transmission Belt in Ethiopia (CIF) - 2022
- Price for Conveyor or Transmission Belt in Ethiopia (FOB) - 2022
- Imports of Conveyor or Transmission Belt in Ethiopia
- Exports of Conveyor or Transmission Belt in Ethiopia
Price for Conveyor or Transmission Belt in Ethiopia (CIF) - 2022
In 2022, the average conveyor or transmission belt import price amounted to $4,470 per ton, falling by -7.7% against the previous year. Over the period under review, the import price showed a pronounced reduction. The most prominent rate of growth was recorded in 2018 an increase of 36% against the previous year. As a result, import price attained the peak level of $6,167 per ton. From 2019 to 2022, the average import prices remained 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 Japan ($20,300 per ton), while the price for China ($3,438 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+2.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Conveyor or Transmission Belt in Ethiopia (FOB) - 2022
The average conveyor or transmission belt export price stood at $11,000 per ton in 2022, reducing by -63% against the previous year. Over the period under review, the export price, however, continues to indicate a mild increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 115%. As a result, the export price reached the peak level of $29,750 per ton, and then fell markedly in the following year.
As there is only one major export destination, the average price level is determined by prices for Switzerland.
From 2012 to 2022, the rate of growth in terms of prices for Oman amounted to +694.0% per year.
Imports of Conveyor or Transmission Belt in Ethiopia
Conveyor or transmission belt imports into Ethiopia surged to 1.7K tons in 2022, increasing by 110% on the previous year. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, conveyor or transmission belt imports surged to $7.4M in 2022. Over the period under review, imports continue to indicate resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Conveyor or Transmission Belt in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,950 | 1,683 | 1,800 | 4,495 | 32.1% |
| Japan | 354 | 364 | 272 | 773 | 29.7% |
| Italy | 627 | 384 | 324 | 643 | 0.8% |
| India | 180 | 320 | 370 | 354 | 25.3% |
| Indonesia | 144 | 128 | 62.4 | 254 | 20.8% |
| Others | 1,164 | 1,179 | 1,017 | 926 | -7.3% |
| Total | 4,419 | 4,059 | 3,845 | 7,444 | 19.0% |
Top Suppliers of Conveyor or Transmission Belt to Ethiopia in 2022:
- China (1307.7 tons)
- Italy (132.5 tons)
- India (61.2 tons)
- Indonesia (41.1 tons)
- Japan (38.1 tons)
Exports of Conveyor or Transmission Belt in Ethiopia
Conveyor or transmission belt exports from Ethiopia contracted dramatically to 1 kg in 2022, declining by -99.8% compared with 2021. In general, exports faced a dramatic setback. The smallest decline of -31.3% was in 2020.
In value terms, conveyor or transmission belt exports reduced rapidly to $11 in 2022. Over the period under review, exports continue to indicate a sharp decline. The pace of growth appeared the most rapid in 2021 when exports increased by 13%. As a result, the exports attained the peak of $16K, and then fell remarkably in the following year.
| Export of Conveyor or Transmission Belt in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.3 | N/A | N/A | N/A | 0% |
| Switzerland | N/A | N/A | N/A | N/A | 0% |
| Germany | 0.6 | N/A | N/A | N/A | 0% |
| Malaysia | N/A | 13.5 | N/A | N/A | 0% |
| Kenya | N/A | 0.2 | N/A | N/A | 0% |
| Netherlands | N/A | N/A | 9.3 | N/A | 0% |
| Turkey | 0.2 | N/A | N/A | N/A | 0% |
| Brazil | N/A | 0.2 | N/A | N/A | 0% |
| Others | 0.9 | N/A | 6.3 | N/A | 164.6% |
| Total | 13.1 | 13.9 | 15.6 | N/A | 9.1% |
Top Export Markets for Conveyor or Transmission Belt from Ethiopia in 2022:
- Switzerland (1.0 kg)
This report provides an in-depth analysis of the market for conveyor or transmission belt 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 22194030 - Rubber transmission belts of trapezoidal and/or striped configuration (including V-belts)
- Prodcom 22194050 - Rubber conveyor belts
- Prodcom 22194070 - Rubber synchronous belts
- Prodcom 22194090 - Rubber transmission belts (excluding V-belts and V-belting, t rapezoidal and/or striped configuration, conveyor belt, s ynchronous belt)
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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