Ethiopia: Market for Electronic Instruments And Machines For Measuring Geometrical Quantities 2024

Market Size for Electronic Instruments And Machines For Measuring Geometrical Quantities in Ethiopia

The Ethiopian geometrical quantities electronic measurer market declined markedly to $X in 2022, shrinking by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a perceptible contraction. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Exports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Exports from Ethiopia

In 2022, geometrical quantities electronic measurer exports from Ethiopia soared to X units, growing by X% against the previous year's figure. In general, exports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2013 when exports increased by X%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, geometrical quantities electronic measurer exports contracted to $X in 2022. Overall, exports, however, saw a mild curtailment. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Germany (X units), the UK (X units) and France (X units) were the main destinations of geometrical quantities electronic measurer exports from Ethiopia, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Germany ($X) remains the key foreign market for electronic instruments and machines for measuring geometrical quantities exports from Ethiopia, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and the UK (X% per year).

Export Prices by Country

The average geometrical quantities electronic measurer export price stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the export price continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2016 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to the UK ($X 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 Saudi Arabia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Electronic Instruments And Machines For Measuring Geometrical Quantities

Imports into Ethiopia

For the third year in a row, Ethiopia recorded decline in overseas purchases of electronic instruments and machines for measuring geometrical quantities, which decreased by X% to X units in 2022. In general, imports continue to indicate a pronounced decline. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, imports attained the peak of X units. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, geometrical quantities electronic measurer imports declined markedly to $X in 2022. Overall, imports, however, saw a slight expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest geometrical quantities electronic measurer supplier to Ethiopia, with a X% share of total imports. Moreover, geometrical quantities electronic measurer imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), fivefold. Turkey (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Turkey (X% per year).

In value terms, China ($X), Germany ($X) and the United States ($X) appeared to be the largest geometrical quantities electronic measurer suppliers to Ethiopia, together comprising X% of total imports. Italy, the UK, India, Turkey and Spain lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Italy, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average geometrical quantities electronic measurer import price stood at $X per unit in 2022, waning by X% against the previous year. Overall, the import price, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2015 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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