Ethiopia - Plywood - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlywood Price in Ethiopia - 2022
Contents:
- Plywood Price in Ethiopia (CIF) - 2022
- Plywood Price in Ethiopia (FOB) - 2022
- Plywood Imports in Ethiopia
- Plywood Exports in Ethiopia
Plywood Price in Ethiopia (CIF) - 2022
In 2022, the average plywood import price amounted to $675 per cubic meter, increasing by 23% against the previous year. Over the period under review, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plywood import price increased by +76.7% against 2017 indices. The pace of growth was the most pronounced in 2021 an increase of 24%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.
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 ($643 per cubic meter), while the price for Indonesia ($371 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.4%), while the prices for the other major suppliers experienced a decline.
Plywood Price in Ethiopia (FOB) - 2022
In 2022, the average plywood export price amounted to $337 per cubic meter, picking up by 45% against the previous year. Over the period under review, the export price, however, showed a deep reduction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 66%. The export price peaked at $712 per cubic meter in 2015; however, from 2016 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 South Sudan ($392 per cubic meter), while the average price for exports to Somalia ($122 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+69.8%), while the prices for the other major destinations experienced mixed trend patterns.
Plywood Imports in Ethiopia
In 2022, the amount of plywood imported into Ethiopia contracted significantly to 4.7K cubic meters, which is down by -31.9% compared with the year before. In general, imports saw a precipitous descent. Imports peaked at 27K cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, plywood imports reduced sharply to $3.2M in 2022. Over the period under review, imports recorded a precipitous decrease. Over the period under review, imports attained the maximum at $11M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Plywood in Ethiopia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 9.5 | 5.1 | 2.4 | 2.5 | -35.9% |
Italy | 0.5 | 0.4 | 0.6 | 0.4 | -7.2% |
Indonesia | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
United Arab Emirates | 0.2 | 0.1 | 0.2 | N/A | 0.0% |
Others | 0.9 | 0.8 | 0.6 | 0.2 | -39.4% |
Total | 11.1 | 6.5 | 3.8 | 3.2 | -33.9% |
Top Suppliers of Plywood to Ethiopia in 2022:
- United Arab Emirates (undefinedK cubic meters)
- China (3.9K cubic meters)
- Italy (1.1K cubic meters)
- Indonesia (0.1K cubic meters)
Plywood Exports in Ethiopia
In 2022, approx. 46 cubic meters of plywood were exported from Ethiopia; waning by -47.7% on 2021. Over the period under review, exports, however, enjoyed a resilient increase. The growth pace was the most rapid in 2021 with an increase of 577%. As a result, the exports attained the peak of 88 cubic meters, and then contracted dramatically in the following year.
In value terms, plywood exports dropped notably to $16K in 2022. Overall, exports, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 347%. As a result, the exports reached the peak of $20K, and then reduced sharply in the following year.
Export of Plywood in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Israel | N/A | N/A | N/A | 14.5 | 0% |
China | N/A | 1.7 | N/A | 10.5 | 148.5% |
Somalia | N/A | N/A | N/A | 4.0 | 0% |
South Sudan | 1.2 | 2.9 | 4.6 | 1.6 | 10.1% |
Sweden | N/A | N/A | 1.2 | N/A | 0% |
United Kingdom | 1.5 | N/A | N/A | N/A | 0% |
United Arab Emirates | 6.4 | N/A | N/A | N/A | 0% |
Estonia | N/A | N/A | 14.8 | N/A | 0% |
Others | N/A | N/A | N/A | -15.1 | 0% |
Total | 9.1 | 4.6 | 20.5 | 15.5 | 19.4% |
Top Export Markets for Plywood from Ethiopia in 2022:
- Israel (47.0 cubic meters)
- China (36.0 cubic meters)
- Somalia (33.0 cubic meters)
- South Sudan (4.0 cubic meters)
This report provides an in-depth analysis of the plywood 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:
- FCL 1640 - Plywood
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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