Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Ethiopia - 2022
Contents:
- Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Ethiopia (CIF) - 2022
- Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Ethiopia (FOB) - 2022
- Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Ethiopia
- Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Ethiopia
Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Ethiopia (CIF) - 2022
The average import price for in-hand motor grinders, sanders and planers stood at $79 per unit in 2022, which is down by -3.4% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 11%. As a result, import price attained the peak level of $92 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Kenya ($100 per unit) and India ($79 per unit), while the price for Malaysia ($67 per unit) and Japan ($69 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.5%), while the prices for the other major suppliers experienced a decline.
Price for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Ethiopia (FOB) - 2022
In 2022, the average export price for in-hand motor grinders, sanders and planers amounted to $93 per unit, increasing by 4.2% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2019 an increase of 82%. The export price peaked at $146 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($103 per unit), while the average price for exports to Egypt ($11 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 China (+11.4%), while the prices for the other major destinations experienced a decline.
Imports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Ethiopia
In 2022, purchases abroad of in-hand motor grinders, sanders and planers was finally on the rise to reach 31K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, continue to indicate a drastic downturn. Imports peaked at 40K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of in-hand motor grinders, sanders and planers rose sharply to $2.4M in 2022. In general, imports, however, saw a abrupt contraction. Imports peaked at $2.9M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,966 | 2,066 | 1,696 | 1,979 | 0.2% |
| Italy | 75.2 | 80.8 | 63.2 | 115 | 15.2% |
| Japan | 231 | 144 | 72.3 | 82.7 | -29.0% |
| Kenya | 90.6 | 77.9 | 75.2 | 81.6 | -3.4% |
| Germany | 234 | 138 | 60.5 | 11.4 | -63.5% |
| Others | 255 | 234 | 158 | 164 | -13.7% |
| Total | 2,852 | 2,741 | 2,126 | 2,434 | -5.1% |
Top Suppliers of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor to Ethiopia in 2022:
- China (25.1K units)
- Italy (1.5K units)
- Japan (1.2K units)
- Kenya (0.8K units)
- Germany (0.1K units)
Exports of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Ethiopia
In 2022, after two years of decline, there was significant growth in overseas shipments of in-hand motor grinders, sanders and planers, when their volume increased by 21% to 58 units. Overall, exports, however, continue to indicate a deep contraction. The exports peaked at 101 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of in-hand motor grinders, sanders and planers skyrocketed to $5.4K in 2022. Over the period under review, exports, however, recorded a deep setback. The exports peaked at $9.9K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | N/A | N/A | N/A | 4.4 | 0% |
| Ireland | N/A | N/A | N/A | 0.5 | 0% |
| Djibouti | 0.9 | 6.0 | 0.3 | 0.3 | -30.7% |
| South Africa | 1.2 | N/A | N/A | 0.1 | -56.3% |
| Norway | N/A | N/A | N/A | 0.1 | 0% |
| Poland | 7.2 | N/A | N/A | N/A | 0% |
| Sweden | N/A | N/A | 0.1 | N/A | 0% |
| Tanzania | N/A | N/A | 3.8 | N/A | 0% |
| Egypt | N/A | N/A | N/A | N/A | 0% |
| Others | 0.6 | 0.5 | N/A | N/A | -16.7% |
| Total | 9.9 | 6.5 | 4.3 | 5.4 | -18.3% |
Top Export Markets for Electromechanical Tools for Working in the Hand, with Self-Contained Electric Motor from Ethiopia in 2022:
- Angola (43.0 units)
- Ireland (8.0 units)
- Djibouti (4.0 units)
- South Africa (2.0 units)
- Egypt (1.0 units)
- Norway (1.0 units)
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