Illuminated Sign Price in Ethiopia - 2022
Contents:
- Illuminated Sign Price in Ethiopia (CIF) - 2022
- Illuminated Sign Price in Ethiopia (FOB) - 2022
- Illuminated Sign Imports in Ethiopia
- Illuminated Sign Exports in Ethiopia
Illuminated Sign Price in Ethiopia (CIF) - 2022
The average illuminated sign import price stood at $4,249 per ton in 2022, falling by -45.4% against the previous year. Over the period under review, the import price faced a abrupt curtailment. The pace of growth was the most pronounced in 2017 an increase of 21%. Over the period under review, average import prices attained the maximum at $16,931 per ton in 2019; however, from 2020 to 2022, 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 Turkey ($9,458 per ton), while the price for China amounted to $3,204 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-4.9%).
Illuminated Sign Price in Ethiopia (FOB) - 2022
The average illuminated sign export price stood at $36,364 per ton in 2022, growing by 67% against the previous year. Overall, the export price posted a strong increase. The pace of growth was the most pronounced in 2016 an increase of 73%. Over the period under review, the average export prices hit record highs at $50,960 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Cote d'Ivoire ($198,000 per ton), while the average price for exports to Turkey ($14,000 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 Australia (+81.5%), while the prices for the other major destinations experienced more modest paces of growth.
Illuminated Sign Imports in Ethiopia
Illuminated sign imports into Ethiopia surged to 170 tons in 2022, growing by 116% against the year before. Overall, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 131%. Imports peaked in 2022 and are likely to continue growth in years to come.
In value terms, illuminated sign imports soared to $722K in 2022. Over the period under review, imports, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 56% against the previous year.
| Import of Illuminated Sign in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 703 | 288 | 465 | 516 | -9.8% |
| Turkey | 124 | 2.2 | 1.1 | 41.3 | -30.7% |
| Others | 237 | 103 | 148 | 165 | -11.4% |
| Total | 1,064 | 393 | 613 | 722 | -12.1% |
Top Suppliers of Illuminated Sign to Ethiopia in 2022:
- China (161.1 tons)
- Turkey (4.4 tons)
Illuminated Sign Exports in Ethiopia
After two years of decline, shipments abroad of illuminated signs and illuminated name-plates increased by 83% to 11 kg in 2022. Overall, exports, however, continue to indicate a sharp downturn.
In value terms, illuminated sign exports soared to $400 in 2022. Over the period under review, exports, however, recorded a precipitous decrease.
| Export of Illuminated Sign in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cote d'Ivoire | 1,963 | 288 | 53.0 | 198 | -53.5% |
| Turkey | 323 | 344 | 46.0 | 126 | -26.9% |
| Djibouti | 233 | 140 | 5.0 | 76.0 | -31.2% |
| Nigeria | N/A | 228 | N/A | N/A | 0% |
| Others | 29.0 | N/A | 27.0 | N/A | -3.5% |
| Total | 2,548 | 1,000 | 131 | 400 | -46.1% |
Top Export Markets for Illuminated Sign from Ethiopia in 2022:
- Turkey (9.0 kg)
- Djibouti (1.0 kg)
- Cote d'Ivoire (1.0 kg)
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