Ethiopia - Statuettes and Other Ornamental Articles of Plastic - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEthiopia: Plastic Ornamental Articles Market 2024
Plastic Ornamental Articles Market Size in Ethiopia
In 2022, after two years of growth, there was significant decline in the Ethiopian plastic ornamental articles market, when its value decreased by X% to $X. Over the period under review, consumption, however, enjoyed a pronounced expansion. As a result, consumption reached the peak level of $X, and then contracted notably in the following year.
Plastic Ornamental Articles Exports
Exports from Ethiopia
In 2022, shipments abroad of statuettes and other ornamental articles of plastic decreased by X% to X kg for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. The exports peaked at X kg in 2021, and then reduced in the following year.
In value terms, plastic ornamental articles exports shrank dramatically to $X in 2022. Overall, exports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2013 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2021, and then contracted notably in the following year.
Exports by Country
Italy (X kg), Nepal (X kg) and France (X kg) were the main destinations of plastic ornamental articles exports from Ethiopia, together comprising X% of total exports.
From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, Italy ($X) emerged as the key foreign market for statuettes and other ornamental articles of plastic 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. It was followed by Botswana, with a X% share.
From 2012 to 2022, the average annual growth rate of value to Italy was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Botswana (X% per year).
Export Prices by Country
In 2022, the average plastic ornamental articles export price amounted to $X per ton, declining by X% against the previous year. Overall, the export price saw a noticeable decrease. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to Nepal ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (X%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Ornamental Articles Imports
Imports into Ethiopia
In 2022, supplies from abroad of statuettes and other ornamental articles of plastic decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, saw a noticeable increase. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then declined notably in the following year.
In value terms, plastic ornamental articles imports fell significantly to $X in 2022. In general, imports, however, saw a pronounced increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.
Imports by Country
In 2022, China (X tons) was the main supplier of plastic ornamental articles to Ethiopia, accounting for a X% share of total imports. It was followed by Kenya (X kg), with a X% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%.
In value terms, China ($X) constituted the largest supplier of statuettes and other ornamental articles of plastic to Ethiopia, comprising X% of total imports. The second position in the ranking was held by Kenya ($X), with a X% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%.
Import Prices by Country
The average plastic ornamental articles import price stood at $X per ton in 2022, surging by X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for Kenya amounted to $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the plastic ornamental articles 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 22292620 - Statuettes and other ornamental articles of plastic (including photograph, picture and similar frames)
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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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