Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Ethiopia - 2022
Contents:
- Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Ethiopia (CIF) - 2022
- Imports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Ethiopia
Price for New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Ethiopia (CIF) - 2022
In 2022, the average import price for new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses amounted to $57 per unit, with a decrease of -3.8% against the previous year. Overall, the import price recorded a abrupt downturn. The growth pace was the most rapid in 2015 an increase of 190% against the previous year. As a result, import price attained the peak level of $385 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
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 China ($255 per unit), while the price for Japan ($44 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.2%), while the prices for the other major suppliers experienced a decline.
Imports of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Ethiopia
After three years of growth, overseas purchases of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses decreased by -4.7% to 11K units in 2022. The total import volume increased at an average annual rate of +5.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 11% against the previous year. Imports peaked at 12K units in 2021, and then contracted slightly in the following year.
In value terms, imports of new pneumatic tyres having herring-bone or similar tread, for light industrial vehicleses reduced to $649K in 2022. The total import value increased at an average annual rate of +9.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. Imports peaked at $708K in 2021, and then dropped in the following year.
| Import of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 394 | 476 | 576 | 531 | 10.5% |
| Turkey | 34.6 | 38.5 | 42.7 | 36.2 | 1.5% |
| Germany | 13.7 | 18.2 | 24.2 | 24.5 | 21.4% |
| United Arab Emirates | 9.5 | 11.9 | 14.8 | 14.2 | 14.3% |
| South Korea | 9.4 | 11.2 | 13.3 | 12.0 | 8.5% |
| Others | 30.6 | 33.5 | 36.8 | 31.2 | 0.6% |
| Total | 491 | 590 | 708 | 649 | 9.7% |
Top Suppliers of New Pneumatic Tyres Having Herring-Bone or Similar Tread, for Light Industrial Vehicles to Ethiopia in 2022:
- India (9.5K units)
- Turkey (0.5K units)
- Germany (0.4K units)
- United Arab Emirates (0.3K units)
- South Korea (0.2K units)
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