Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ethiopia - 2022
Contents:
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ethiopia (CIF) - 2022
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ethiopia (FOB) - 2022
- Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ethiopia
- Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ethiopia
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ethiopia (CIF) - 2022
In 2022, the average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $599 per unit, rising by 91% against the previous year. In general, the import price posted a pronounced increase. The pace of growth was the most pronounced in 2015 an increase of 197% against the previous year. Over the period under review, average import prices reached the peak figure at $911 per unit in 2013; however, from 2014 to 2022, import prices remained at a 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 ($4,267 per unit), while the price for the United Arab Emirates ($64 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ethiopia (FOB) - 2022
In 2022, the average export price for weighing machines; having a maximum weighing capacity exceeding 5000kgs amounted to $64 per unit, growing by 105% against the previous year. In general, the export price, however, recorded a drastic downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 383%. Over the period under review, the average export prices attained the peak figure at $127 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($268 per unit), while the average price for exports to India ($4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+34.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ethiopia
In 2022, overseas purchases of weighing machines; having a maximum weighing capacity exceeding 5000kgs decreased by -34.9% to 2K units, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 39%. As a result, imports reached the peak of 4.5K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs soared to $1.2M in 2022. In general, imports recorded a deep downturn. Imports peaked at $2.5M in 2020; however, from 2021 to 2022, imports failed to regain momentum.
| Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 736 | 1,433 | 456 | 585 | -7.4% |
| Brazil | 11.2 | 19.6 | 31.1 | 110 | 114.2% |
| India | 193 | 304 | 219 | 105 | -18.4% |
| Germany | N/A | 10.2 | 4.1 | 104 | 219.3% |
| France | 112 | 117 | 18.8 | 90.1 | -7.0% |
| Poland | 84.4 | 85.1 | 77.8 | 88.2 | 1.5% |
| Switzerland | 0.2 | 0.6 | 1.9 | 26.0 | 406.6% |
| United Arab Emirates | 27.0 | 22.9 | 28.0 | 2.5 | -54.8% |
| Others | 1,211 | 556 | 142 | 109 | -55.2% |
| Total | 2,374 | 2,549 | 979 | 1,219 | -19.9% |
Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Ethiopia in 2022:
- India (1214.0 units)
- Brazil (148.0 units)
- China (137.0 units)
- France (121.0 units)
- Poland (118.0 units)
- Germany (100.0 units)
- United Arab Emirates (39.0 units)
- Switzerland (37.0 units)
Exports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ethiopia
In 2022, approx. 5 units of weighing machines; having a maximum weighing capacity exceeding 5000kgs were exported from Ethiopia; declining by -66.7% on the year before. Over the period under review, exports faced a sharp contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 15%. The exports peaked at 15 units in 2021, and then dropped markedly in the following year.
In value terms, exports of weighing machines; having a maximum weighing capacity exceeding 5000kgs dropped notably to $322 in 2022. Overall, exports recorded a perceptible decline. The most prominent rate of growth was recorded in 2020 with an increase of 16%. Over the period under review, the exports of hit record highs at $472 in 2021, and then fell markedly in the following year.
| Export of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 60.0 | 37.0 | 81.0 | 268 | 64.7% |
| Mozambique | N/A | N/A | N/A | 15.0 | 0% |
| Turkey | 1.0 | 1.0 | 8.0 | 11.0 | 122.4% |
| United States | 1.0 | 1.0 | 6.0 | 7.0 | 91.3% |
| India | 1.0 | 1.0 | 3.0 | 4.0 | 58.7% |
| Cote d'Ivoire | 15.0 | 29.0 | N/A | N/A | 93.3% |
| Nigeria | N/A | 289 | 244 | N/A | -15.6% |
| Belgium | N/A | N/A | 9.0 | N/A | 0% |
| Germany | N/A | N/A | 12.0 | N/A | 0% |
| Djibouti | 25.0 | N/A | N/A | N/A | 0% |
| Bangladesh | N/A | N/A | 4.0 | N/A | 0% |
| Canada | N/A | 55.0 | N/A | N/A | 0% |
| Ghana | 33.0 | N/A | N/A | N/A | 0% |
| Others | 220 | 1.0 | 105 | 17.0 | -57.4% |
| Total | 356 | 414 | 472 | 322 | -3.3% |
Top Export Markets for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg from Ethiopia in 2022:
- United States (1.0 units)
- Turkey (1.0 units)
- India (1.0 units)
- Mozambique (1.0 units)
- South Africa (1.0 units)
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