Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ethiopia - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ethiopia (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ethiopia (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ethiopia
- Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ethiopia
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ethiopia (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $265 per unit, picking up by 32% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average import price increased by 57% against the previous year. As a result, import price reached the peak level of $332 per unit. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($358 per unit), while the price for France ($77 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+50.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ethiopia (FOB) - 2022
In 2022, the average export price for tools; for working in the hand, pneumatic, other than rotary type amounted to $1,144 per unit, increasing by 6,437% against the previous year. Over the period under review, the export price saw significant 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 Oman ($30 per unit), while the average price for exports to France totaled $20 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+244.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ethiopia
In 2022, supplies from abroad of tools; for working in the hand, pneumatic, other than rotary type decreased by -20.2% to 1.9K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 98% against the previous year. As a result, imports reached the peak of 2.4K units, and then contracted significantly in the following year.
In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type rose rapidly to $502K in 2022. In general, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 111%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 122 | 89.3 | 254 | 339 | 40.6% |
| United Arab Emirates | 43.5 | 56.9 | 1.9 | 32.2 | -9.5% |
| Italy | 3.0 | 30.2 | 33.5 | 20.9 | 91.0% |
| United Kingdom | 0.8 | 0.7 | 4.5 | 20.2 | 193.4% |
| Israel | 0.9 | 1.7 | 4.3 | 15.6 | 158.8% |
| Japan | 2.0 | 1.8 | 101 | 15.3 | 97.0% |
| Poland | 2.2 | 6.3 | 10.2 | 12.7 | 79.4% |
| Others | 37.5 | 39.7 | 68.7 | 46.2 | 7.2% |
| Total | 212 | 227 | 478 | 502 | 33.3% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Ethiopia in 2022:
- China (1390.0 units)
- United Arab Emirates (91.0 units)
- Israel (77.0 units)
- Italy (59.0 units)
- United Kingdom (57.0 units)
- Japan (43.0 units)
- Poland (36.0 units)
Exports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ethiopia
For the fourth consecutive year, Ethiopia recorded growth in overseas shipments of tools; for working in the hand, pneumatic, other than rotary type, which increased by 50% to 3 units in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.0% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tools; for working in the hand, pneumatic, other than rotary type skyrocketed to $3.4K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 1.0 | 2.0 | 2.0 | 39.0 | 239.1% |
| Oman | N/A | N/A | N/A | 30.0 | 0% |
| South Korea | N/A | 37.0 | N/A | N/A | 0% |
| Uganda | N/A | N/A | 33.0 | N/A | 0% |
| Germany | 41.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | 3,363 | 0% |
| Total | 42.0 | 39.0 | 35.0 | 3,432 | 333.9% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type from Ethiopia in 2022:
- France (2.0 units)
- Oman (1.0 units)
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