Price for Iron or Steel Window and Door in Ethiopia - 2022
Contents:
- Price for Iron or Steel Window and Door in Ethiopia (CIF) - 2022
- Price for Iron or Steel Window and Door in Ethiopia (FOB) - 2022
- Imports of Iron or Steel Window and Door in Ethiopia
- Exports of Iron or Steel Window and Door in Ethiopia
Price for Iron or Steel Window and Door in Ethiopia (CIF) - 2022
In 2022, the average import price for iron or steel doors, thresholds for doors and windows amounted to $80 per unit, shrinking by -35.5% against the previous year. In general, the import price recorded a pronounced slump. The growth pace was the most rapid in 2021 an increase of 45% against the previous year. The import price peaked at $152 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($122 per unit), while the price for India ($19 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the prices for the other major suppliers experienced a decline.
Price for Iron or Steel Window and Door in Ethiopia (FOB) - 2022
In 2022, the average export price for iron or steel doors, thresholds for doors and windows amounted to $65 per unit, reducing by -52.2% against the previous year. Over the period under review, the export price faced a deep reduction. The most prominent rate of growth was recorded in 2021 when the average export price increased by 145%. The export price peaked at $239 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Djibouti ($69 per unit), while the average price for exports to South Sudan amounted to $58 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+15.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Iron or Steel Window and Door in Ethiopia
In 2022, the amount of iron or steel doors, thresholds for doors and windows imported into Ethiopia skyrocketed to 67K units, increasing by 163% on 2021 figures. In general, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 358%. As a result, imports reached the peak of 89K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of iron or steel doors, thresholds for doors and windows soared to $5.4M in 2022. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 261%. As a result, imports attained the peak of $7.6M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Iron or Steel Window and Door in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,500 | 7,250 | 2,456 | 3,738 | 35.6% |
| United Arab Emirates | 237 | 86.9 | 42.5 | 353 | 14.2% |
| Turkey | 44.5 | 36.2 | 28.1 | 171 | 56.6% |
| India | 48.5 | 3.8 | 40.2 | 123 | 36.4% |
| Italy | 107 | 154 | 274 | 72.4 | -12.2% |
| Others | 180 | 113 | 349 | 958 | 74.6% |
| Total | 2,118 | 7,644 | 3,189 | 5,417 | 36.8% |
Top Suppliers of Iron or Steel Window and Door to Ethiopia in 2022:
- China (47.6K units)
- India (6.3K units)
- United Arab Emirates (5.7K units)
- Turkey (2.6K units)
- Italy (0.6K units)
Exports of Iron or Steel Window and Door in Ethiopia
For the fourth consecutive year, Ethiopia recorded growth in overseas shipments of iron or steel doors, thresholds for doors and windows, which increased by 9.4% to 280 units in 2022. Overall, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 726%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.
In value terms, exports of iron or steel doors, thresholds for doors and windows plummeted to $18K in 2022. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 1,940% against the previous year. As a result, the exports attained the peak of $35K, and then declined rapidly in the following year.
| Export of Iron or Steel Window and Door in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Djibouti | 0.2 | 1.4 | 1.3 | 11.8 | 289.3% |
| South Sudan | 0.3 | 0.3 | 0.7 | 6.3 | 175.9% |
| Nigeria | N/A | N/A | 24.3 | N/A | 0% |
| Tanzania | N/A | N/A | 6.7 | N/A | 0% |
| Others | 0.2 | N/A | 1.5 | N/A | 173.9% |
| Total | 0.7 | 1.7 | 34.5 | 18.1 | 195.7% |
Top Export Markets for Iron or Steel Window and Door from Ethiopia in 2022:
- Djibouti (172.0 units)
- South Sudan (109.0 units)
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