Ethiopia - Test Benches - Market Analysis, Forecast, Size, Trends And Insights
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View PricingTest Bench Price in Ethiopia - 2022
Contents:
- Test Bench Price in Ethiopia (CIF) - 2022
- Test Bench Price in Ethiopia (FOB) - 2022
- Test Bench Imports in Ethiopia
- Test Bench Exports in Ethiopia
Test Bench Price in Ethiopia (CIF) - 2022
The average test bench import price stood at $1,892 per unit in 2022, dropping by -47.2% against the previous year. In general, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2019 an increase of 84% against the previous year. Over the period under review, average import prices reached the peak figure at $5,109 per unit in 2012; however, from 2013 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 the United States ($7,193 per unit), while the price for Turkey ($503 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+51.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Test Bench Price in Ethiopia (FOB) - 2022
The average test bench export price stood at $134 per unit in 2022, dropping by -98.6% against the previous year. In general, the export price recorded a sharp slump. The pace of growth appeared the most rapid in 2014 when the average export price increased by 69%. The export price peaked at $12,295 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Burkina Faso.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to -12.5% per year.
Test Bench Imports in Ethiopia
After three years of growth, overseas purchases of test benches decreased by -43.3% to 173 units in 2022. In general, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of 121%. As a result, imports attained the peak of 305 units, and then contracted sharply in the following year.
In value terms, test bench imports fell notably to $327K in 2022. Overall, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 233%. As a result, imports attained the peak of $1.1M, and then dropped dramatically in the following year.
| Import of Test Bench in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 38.6 | 7.7 | 106 | 241 | 84.1% |
| United States | 1.7 | 0.6 | 1.6 | 43.2 | 194.0% |
| Turkey | 0.2 | 0.1 | 0.1 | 31.7 | 441.2% |
| India | 0.8 | 3.3 | 10.2 | 6.7 | 103.1% |
| Germany | 81.8 | 19.5 | 11.8 | 3.5 | -65.0% |
| Spain | 9.7 | 3.7 | 14.9 | N/A | 23.9% |
| Belgium | 11.3 | 174 | 580 | N/A | 616.4% |
| Slovakia | 57.9 | 31.1 | 128 | N/A | 48.7% |
| Poland | 109 | 49.6 | 181 | N/A | 28.9% |
| Canada | 141 | 14.4 | N/A | N/A | -89.8% |
| Others | 18.6 | 24.4 | 59.1 | 1.1 | -61.0% |
| Total | 471 | 328 | 1,093 | 327 | -11.5% |
Top Suppliers of Test Bench to Ethiopia in 2022:
- China (96.0 units)
- Turkey (63.0 units)
- United States (6.0 units)
- India (4.0 units)
- Germany (2.0 units)
Test Bench Exports in Ethiopia
In 2022, after two years of decline, there was decline in shipments abroad of test benches, when their volume decreased by 0% to 1 units. Over the period under review, exports showed a sharp slump. The smallest decline of -92.9% was in 2020. The exports peaked at 14 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, test bench exports shrank remarkably to $134 in 2022. In general, exports showed a dramatic setback. The smallest decline of -1% was in 2021. Over the period under review, the exports hit record highs at $172K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Test Bench in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burkina Faso | N/A | N/A | N/A | 0.1 | 0% |
| Djibouti | 172 | 9.6 | N/A | N/A | -94.4% |
| Ghana | N/A | N/A | 9.5 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 172 | 9.6 | 9.5 | 0.1 | -91.7% |
Top Export Markets for Test Bench from Ethiopia in 2022:
- Burkina Faso (1.0 units)
This report provides an in-depth analysis of the test bench market in Ethiopia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26516620 - Test benches
Country coverage:
- Ethiopia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ethiopia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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