Price for Machines; Parts and Accessories, of Heading No. 8472 in Ethiopia - 2022
Contents:
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Ethiopia (CIF) - 2022
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Ethiopia (FOB) - 2022
- Imports of Machines; Parts and Accessories, of Heading No. 8472 in Ethiopia
- Exports of Machines; Parts and Accessories, of Heading No. 8472 in Ethiopia
Price for Machines; Parts and Accessories, of Heading No. 8472 in Ethiopia (CIF) - 2022
In 2022, the average import price for machines; parts and accessories, of heading no. 8472 amounted to $81,083 per ton, with an increase of 14% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machines; parts and accessories, of heading no. 8472 decreased by -23.0% against 2019 indices. The growth pace was the most rapid in 2016 when the average import price increased by 38% against the previous year. The import price peaked at $105,338 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($369,143 per ton), while the price for Turkey ($10,534 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+37.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines; Parts and Accessories, of Heading No. 8472 in Ethiopia (FOB) - 2022
The average export price for machines; parts and accessories, of heading no. 8472 stood at $41,786 per ton in 2022, rising by 171% against the previous year. Overall, the export price saw mild growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Nigeria ($56,500 per ton), while the average price for exports to Mozambique ($1,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3,266.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Machines; Parts and Accessories, of Heading No. 8472 in Ethiopia
After three years of growth, overseas purchases of machines; parts and accessories, of heading no. 8472 decreased by -78.7% to 3.8 tons in 2022. Over the period under review, imports showed a abrupt decrease. The growth pace was the most rapid in 2020 when imports increased by 105% against the previous year.
In value terms, imports of machines; parts and accessories, of heading no. 8472 fell significantly to $312K in 2022. Overall, imports faced a dramatic decline. The pace of growth appeared the most rapid in 2020 with an increase of 96% against the previous year. As a result, imports reached the peak of $1.5M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Machines; Parts and Accessories, of Heading No. 8472 in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 60.9 | 137 | 225 | 98.7 | 17.5% |
| India | 156 | 258 | 269 | 49.1 | -32.0% |
| Hungary | 109 | 194 | 182 | 29.2 | -35.5% |
| Kenya | 49.3 | 86.9 | 112 | 25.2 | -20.0% |
| Indonesia | 73.8 | 110 | 120 | 23.4 | -31.8% |
| Hong Kong SAR | 49.1 | 147 | 61.9 | 18.6 | -27.6% |
| Sweden | 32.7 | 57.6 | 74.1 | 16.7 | -20.1% |
| Japan | 14.4 | 53.5 | 14.3 | 12.3 | -5.1% |
| United Kingdom | 49.0 | 298 | 85.9 | 9.1 | -42.9% |
| United States | 102 | 46.2 | 24.6 | 9.0 | -55.5% |
| Turkey | 7.1 | 9.8 | 9.8 | 1.7 | -37.9% |
| Others | 83.6 | 145 | 111 | 18.8 | -39.2% |
| Total | 787 | 1,544 | 1,289 | 312 | -26.5% |
Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Ethiopia in 2022:
- India (841.0 kg)
- China (718.0 kg)
- Hungary (490.0 kg)
- Indonesia (440.0 kg)
- Sweden (299.0 kg)
- Kenya (227.0 kg)
- Turkey (163.0 kg)
- Hong Kong SAR (163.0 kg)
- Japan (88.0 kg)
- United States (85.0 kg)
- United Kingdom (70.0 kg)
Exports of Machines; Parts and Accessories, of Heading No. 8472 in Ethiopia
Exports of machines; parts and accessories, of heading no. 8472 from Ethiopia surged to 14 kg in 2022, rising by 180% on the previous year's figure. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of machines; parts and accessories, of heading no. 8472 surged to $585 in 2022. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Machines; Parts and Accessories, of Heading No. 8472 in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | 111 | 96.0 | 69.0 | 452 | 59.7% |
| Germany | N/A | N/A | 1.0 | 101 | 10000.0% |
| China | 1.0 | 1.0 | 5.0 | 24.0 | 188.4% |
| Burundi | N/A | N/A | N/A | 7.0 | 0% |
| Mozambique | N/A | N/A | N/A | 1.0 | 0% |
| South Korea | N/A | 1.0 | N/A | N/A | 0% |
| Cyprus | N/A | N/A | 2.0 | N/A | 0% |
| Others | N/A | 1.0 | N/A | N/A | 0% |
| Total | 112 | 99.0 | 77.0 | 585 | 73.5% |
Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from Ethiopia in 2022:
- Nigeria (8.0 kg)
- Germany (3.0 kg)
- Burundi (1.0 kg)
- China (1.0 kg)
- Mozambique (1.0 kg)
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This report provides an in-depth analysis of the computing machinery market in Ethiopia.
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This report provides an in-depth analysis of the global computing machinery market.
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