Price for Tanker Trailer and Semi-Trailers in Ethiopia - 2022

Contents:

1. Price for Tanker Trailer and Semi-Trailers in Ethiopia (CIF) - 2022
2. Price for Tanker Trailer and Semi-Trailers in Ethiopia (FOB) - 2022
3. Imports of Tanker Trailer and Semi-Trailers in Ethiopia
4. Exports of Tanker Trailer and Semi-Trailers in Ethiopia

Price for Tanker Trailer and Semi-Trailers in Ethiopia (CIF) - 2022

The average tanker trailer and semi-trailers import price stood at $38,735 per unit in 2022, shrinking by -24.5% against the previous year. In general, the import price recorded a mild setback. The pace of growth was the most pronounced in 2021 an increase of 20% against the previous year. As a result, import price reached the peak level of $51,288 per unit, and then contracted remarkably in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($40,664 per unit), while the price for China stood at $38,974 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tanker Trailer and Semi-Trailers in Ethiopia (FOB) - 2022

The average tanker trailer and semi-trailers export price stood at $41,167 per unit in 2022, standing approx. at the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 187% against the previous year. Over the period under review, the average export prices reached the maximum at $41,837 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Djibouti.

From 2014 to 2022, the rate of growth in terms of prices for Djibouti amounted to -3.9% per year.

Imports of Tanker Trailer and Semi-Trailers in Ethiopia

In 2022, approx. 79 units of tanker trailers and semi-trailers were imported into Ethiopia; growing by 68% compared with the previous year's figure. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, tanker trailer and semi-trailers imports skyrocketed to $3.1M in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 31% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

Top Suppliers of Tanker Trailer and Semi-Trailers to Ethiopia in 2022:

1. China (71.0 units)
2. United Arab Emirates (5.0 units)

Exports of Tanker Trailer and Semi-Trailers in Ethiopia

In 2022, the amount of tanker trailers and semi-trailers exported from Ethiopia stood at 3 units, leveling off at the previous year. In general, exports continue to indicate a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 200% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, tanker trailer and semi-trailers exports amounted to $124K in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 761% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Tanker Trailer and Semi-Trailers from Ethiopia in 2022:

1. Djibouti (2.0 units)

Source: IndexBox Market Intelligence Platform