Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Ethiopia - 2022
Contents:
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Ethiopia (CIF) - 2022
- Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Ethiopia (FOB) - 2022
- Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Ethiopia
- Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Ethiopia
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Ethiopia (CIF) - 2022
The average import price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $547 per unit in 2022, growing by 25% against the previous year. Overall, the import price showed a relatively flat trend pattern. The import price peaked at $567 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($551 per unit) and Vietnam ($550 per unit), while the price for the UK ($539 per unit) and Italy ($544 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+60.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Ethiopia (FOB) - 2022
The average export price for heaters; instantaneous or storage water heaters, non-electric, other than gasses stood at $193 per unit in 2022, rising by 214% against the previous year. In general, the export price, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 an increase of 473%. As a result, the export price reached the peak level of $373 per unit. From 2018 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +16.1% per year.
Imports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Ethiopia
Imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses into Ethiopia fell markedly to 796 units in 2022, with a decrease of -26% against 2021 figures. Overall, imports faced a precipitous curtailment. Imports peaked at 4.3K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of heaters; instantaneous or storage water heaters, non-electric, other than gasses fell to $435K in 2022. In general, imports faced a sharp decrease. Over the period under review, imports of reached the maximum at $1.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | N/A | N/A | 121 | 0% |
| United States | 14.8 | 2.0 | 0.2 | 69.8 | 67.7% |
| Turkey | 1.0 | 0.6 | 0.1 | 69.5 | 311.1% |
| China | 338 | 81.2 | 74.2 | 62.8 | -42.9% |
| India | 5.0 | 1.9 | 1.5 | 62.5 | 132.1% |
| Italy | 475 | 153 | 96.3 | 20.7 | -64.8% |
| United Kingdom | 11.1 | 3.1 | 0.3 | 14.0 | 8.0% |
| Spain | 640 | 284 | 244 | N/A | -38.3% |
| Others | 156 | 76.0 | 52.6 | 15.1 | -54.1% |
| Total | 1,641 | 602 | 469 | 435 | -35.8% |
Top Suppliers of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas to Ethiopia in 2022:
- Vietnam (220.0 units)
- Turkey (127.0 units)
- United States (127.0 units)
- India (114.0 units)
- China (114.0 units)
- Italy (38.0 units)
- United Kingdom (26.0 units)
Exports of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Ethiopia
In 2022, approx. 1 units of heaters; instantaneous or storage water heaters, non-electric, other than gasses were exported from Ethiopia; with a decrease of -85.7% compared with the previous year. Over the period under review, exports continue to indicate a dramatic decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 40% against the previous year. As a result, the exports attained the peak of 7 units, and then contracted markedly in the following year.
In value terms, exports of heaters; instantaneous or storage water heaters, non-electric, other than gasses declined remarkably to $193 in 2022. Overall, exports faced a sharp setback. The growth pace was the most rapid in 2021 with an increase of 19%. Over the period under review, the exports of reached the maximum at $468 in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 127 | 95.0 | 75.0 | 193 | 15.0% |
| Cote d'Ivoire | 83.0 | 63.0 | 49.0 | N/A | -23.2% |
| Switzerland | 122 | N/A | N/A | N/A | 0% |
| Uganda | N/A | N/A | 17.0 | N/A | 0% |
| Germany | 68.0 | 69.0 | 73.0 | N/A | 3.6% |
| Tanzania | 15.0 | 10.0 | 7.0 | N/A | -31.7% |
| South Africa | 53.0 | 87.0 | 78.0 | N/A | 21.3% |
| Israel | N/A | N/A | 131 | N/A | 0% |
| Others | N/A | 36.0 | N/A | N/A | 0% |
| Total | 468 | 360 | 430 | 193 | -25.6% |
Top Export Markets for Heaters; Instantaneous or Storage Water Heaters, Non-Electric, Other than Gas from Ethiopia in 2022:
- France (1.0 units)
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