Report Update May 1, 2024

Ethiopia - Moulds for Metal - Market Analysis, Forecast, Size, Trends and Insights

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Ethiopia: Moulds For Metal Market 2024

Moulds For Metal Market Size in Ethiopia

In 2022, the Ethiopian moulds for metal market increased by 3.9% to $X, rising for the third consecutive year after three years of decline. In general, consumption showed strong growth. Moulds for metal consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Moulds For Metal Exports

Exports from Ethiopia

Moulds for metal exports from Ethiopia contracted sharply to X kg in 2021, reducing by -90.8% compared with 2020 figures. In general, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2017 with an increase of 263,450% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, moulds for metal exports shrank dramatically to $X in 2021. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2017 when exports increased by 60,366%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Nigeria (X kg) was the main destination for moulds for metal exports from Ethiopia, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Nigeria stood at -90.1%.

In value terms, Nigeria ($X) also remains the key foreign market for moulds for metals exports from Ethiopia.

From 2012 to 2021, the average annual rate of growth in terms of value to Nigeria totaled -76.2%.

Export Prices by Country

The average moulds for metal export price stood at $X per ton in 2021, with an increase of 143% against the previous year. Over the period under review, the export price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 290%. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Nigeria amounted to +141.6% per year.

Moulds For Metal Imports

Imports into Ethiopia

In 2022, supplies from abroad of moulds for metals increased by 7.7% to X tons, rising for the third year in a row after three years of decline. Overall, imports posted a resilient expansion. The growth pace was the most rapid in 2013 when imports increased by 493% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, moulds for metal imports reduced modestly to $X in 2022. In general, imports continue to indicate a strong expansion. The growth pace was the most rapid in 2013 with an increase of 271%. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), India (X tons) and Turkey (X tons) were the main suppliers of moulds for metal imports to Ethiopia, together comprising 80% of total imports. Taiwan (Chinese), the UK, Italy and Saudi Arabia lagged somewhat behind, together comprising a further 15%.

From 2012 to 2022, the biggest increases were recorded for Saudi Arabia (with a CAGR of +65.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), India ($X) and Turkey ($X) were the largest moulds for metal suppliers to Ethiopia, together accounting for 54% of total imports. Taiwan (Chinese), the UK, Saudi Arabia and Italy lagged somewhat behind, together accounting for a further 32%.

In terms of the main suppliers, Saudi Arabia, with a CAGR of +81.3%, 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

In 2022, the average moulds for metal import price amounted to $X per ton, reducing by -7.3% against the previous year. Overall, the import price showed a noticeable downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 96% against the previous year. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the average import prices remained at a somewhat 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 Saudi Arabia ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for moulds for metal in the world?

The countries with the highest volumes of consumption in 2022 were China, India and the United States, with a combined 47% share of global consumption. Brazil, Indonesia, Japan, Germany, Mexico, Italy, South Korea, Nigeria, Thailand and Spain lagged somewhat behind, together comprising a further 29%.

What are the largest producers of moulds for metal in the world?

China constituted the country with the largest volume of moulds for metal production, comprising approx. 35% of total volume. Moreover, moulds for metal production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 10% share.

What are the leading suppliers of moulds for metal to Ethiopia?

In value terms, the largest moulds for metal suppliers to Ethiopia were China, India and Turkey, together accounting for 54% of total imports. Taiwan Chinese), the UK, Saudi Arabia and Italy lagged somewhat behind, together comprising a further 32%.

What are the leading importers of moulds for metal from Ethiopia?

In value terms, Nigeria remains the key foreign market for moulds for metals exports from Ethiopia.

What is the average export price for moulds for metal in Ethiopia?

In 2021, the average moulds for metal export price amounted to $6,093 per ton, jumping by 143% against the previous year.

What is the average import price for moulds for metal in Ethiopia?

The average moulds for metal import price stood at $5,596 per ton in 2022, declining by -7.3% against the previous year.

This report provides an in-depth analysis of the moulds for metal 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 25735013 - Moulding boxes for metal foundry, mould bases, moulding patterns (excluding moulding patterns of wood)
Prodcom 25735020 - Injection or compression type moulds for metal or metal carbides (excluding ingot moulds)
Prodcom 25735030 - Moulds for metal or metal carbides (excluding injection or compression types)

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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. 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
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. 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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. 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
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. 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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023