Ethiopia - Gearboxes and Speed Changers For Machinery And Land or Sea Vehicles excluding Gears and Gearing - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Gearboxes and Speed Changers in Ethiopia - 2022
Contents:
- Price for Gearboxes and Speed Changers in Ethiopia (CIF) - 2022
- Price for Gearboxes and Speed Changers in Ethiopia (FOB) - 2022
- Imports of Gearboxes and Speed Changers in Ethiopia
- Exports of Gearboxes and Speed Changers in Ethiopia
Price for Gearboxes and Speed Changers in Ethiopia (CIF) - 2022
In 2022, the average gearboxes and speed changers import price amounted to $11,668 per ton, rising by 8.9% against the previous year. Overall, the import price, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2017 an increase of 45% against the previous year. The import price peaked at $25,750 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Germany ($46,203 per ton), while the price for China ($6,682 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (-1.8%), while the prices for the other major suppliers experienced a decline.
Price for Gearboxes and Speed Changers in Ethiopia (FOB) - 2022
In 2022, the average gearboxes and speed changers export price amounted to $11,000 per ton, with a decrease of -58.6% against the previous year. Overall, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 35%. Over the period under review, the average export prices hit record highs at $33,885 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
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 South Africa ($19,250 per ton), while the average price for exports to Kenya stood at $7,333 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Gearboxes and Speed Changers in Ethiopia
In 2022, supplies from abroad of gearboxes and speed changers decreased by -45.5% to 288 tons, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2020 with an increase of 37%. As a result, imports reached the peak of 1.4K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, gearboxes and speed changers imports contracted dramatically to $3.4M in 2022. Overall, imports saw a sharp shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 36%. As a result, imports reached the peak of $13M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Gearboxes and Speed Changers in Ethiopia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.9 | 6.6 | 2.5 | 1.3 | -23.5% |
| Germany | 0.5 | 0.7 | 0.7 | 0.6 | 6.3% |
| India | 1.2 | 1.8 | 0.9 | 0.4 | -30.7% |
| Italy | 0.5 | 1.6 | 0.3 | 0.3 | -15.7% |
| France | 0.1 | 0.3 | N/A | 0.2 | 26.0% |
| Japan | 0.4 | 0.5 | 0.1 | 0.1 | -37.0% |
| Canada | 3.3 | N/A | N/A | N/A | 0% |
| Others | 0.7 | 1.5 | 1.1 | 0.5 | -10.6% |
| Total | 9.6 | 13.0 | 5.7 | 3.4 | -29.2% |
Top Suppliers of Gearboxes and Speed Changers to Ethiopia in 2022:
- China (190.7 tons)
- India (44.2 tons)
- Germany (13.9 tons)
- Italy (11.9 tons)
- France (9.5 tons)
- Japan (6.1 tons)
Exports of Gearboxes and Speed Changers in Ethiopia
Gearboxes and speed changers exports from Ethiopia fell remarkably to 26 kg in 2022, reducing by -98.1% on 2021. Overall, exports showed a significant decline. The pace of growth was the most pronounced in 2021 with an increase of 2,563%. As a result, the exports attained the peak of 1.4 tons, and then declined significantly in the following year.
In value terms, gearboxes and speed changers exports contracted remarkably to $286 in 2022. In general, exports saw a dramatic curtailment. The growth pace was the most rapid in 2021 when exports increased by 1,987%. As a result, the exports reached the peak of $37K, and then fell rapidly in the following year.
| Export of Gearboxes and Speed Changers in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 0.4 | N/A | N/A | 0.2 | -20.6% |
| Kenya | N/A | N/A | N/A | 0.1 | 0% |
| Nigeria | 0.7 | 0.1 | 1.7 | N/A | 55.8% |
| Angola | 2.9 | N/A | N/A | N/A | 0% |
| Belgium | 3.9 | 0.2 | 4.5 | N/A | 7.4% |
| United Arab Emirates | 15.8 | 1.2 | 21.7 | N/A | 17.2% |
| Italy | 3.2 | 0.1 | 1.9 | N/A | -22.9% |
| Others | 1.2 | 0.1 | 6.8 | N/A | 138.0% |
| Total | 28.2 | 1.8 | 36.8 | 0.3 | -78.0% |
Top Export Markets for Gearboxes and Speed Changers from Ethiopia in 2022:
- Kenya (18.0 kg)
- South Africa (8.0 kg)
This report provides an in-depth analysis of the market for gearboxes and speed changers 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 28152432 - Gear boxes for stationary equipment, spur and helical gear boxes
- Prodcom 28152433 - Gear boxes ..., bevel and bevel/spur and helical gear boxes
- Prodcom 28152434 - Gear boxes ..., worm gear boxes
- Prodcom 28152440 - Other gear boxes
- Prodcom 28152450 - Gearboxes and other speed changers for machinery and land/sea vehicles excluding gears and gearing
- Prodcom 28152473 - Ball or roller screws
- Prodcom 28152475 - Other transmission elements (excluding gears and gearing, b all or roller screws, gearboxes and other speed changers)
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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