Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Ethiopia - 2022

Contents:

1. Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Ethiopia (CIF) - 2022
2. Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Ethiopia (FOB) - 2022
3. Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Ethiopia
4. Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Ethiopia

Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Ethiopia (CIF) - 2022

The average import price for generators stood at $2,419 per unit in 2022, surging by 9.9% against the previous year. Overall, the import price, however, showed a mild downturn. The pace of growth was the most pronounced in 2013 when the average import price increased by 121% against the previous year. As a result, import price reached the peak level of $6,236 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($3,481 per unit), while the price for South Africa ($295 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced a decline.

Price for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Ethiopia (FOB) - 2022

In 2022, the average export price for generators amounted to $380 per unit, dropping by -13.9% against the previous year. Overall, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 322%. Over the period under review, the average export prices hit record highs at $3,660 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($778 per unit), while the average price for exports to Canada ($5 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 Germany (+18.3%), while the prices for the other major destinations experienced a decline.

Imports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Ethiopia

Imports of generators into Ethiopia skyrocketed to 841 units in 2022, growing by 47% compared with 2021. In general, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 56%. Imports peaked in 2022 and are likely to continue growth in years to come.

In value terms, imports of generators skyrocketed to $2M in 2022. Over the period under review, imports, however, continue to indicate a perceptible decline. Imports peaked at $2.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA to Ethiopia in 2022:

1. China (340.0 units)
2. India (110.0 units)
3. United Kingdom (107.0 units)
4. South Africa (47.0 units)
5. Turkey (41.0 units)
6. Germany (31.0 units)
7. France (21.0 units)
8. United States (5.0 units)
9. United Arab Emirates (3.0 units)
10. Italy (1.0 units)

Exports of Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA in Ethiopia

In 2022, the amount of generators exported from Ethiopia amounted to 3 units, flattening at the previous year. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 50% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of generators shrank to $1.1K in 2022. Over the period under review, exports saw a dramatic decline. The most prominent rate of growth was recorded in 2020 when exports increased by 0.3%. As a result, the exports attained the peak of $3K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Generators; AC Generators, (Alternators), of an Output Not Exceeding 75kVA from Ethiopia in 2022:

1. Canada (1.0 units)
2. Kenya (1.0 units)
3. Mozambique (1.0 units)

Source: IndexBox Market Intelligence Platform