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Ethiopia - Metal Cutting Shears And Similar Hand Tools - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Cutting Shear Price in Ethiopia - 2022
Contents:
- Metal Cutting Shear Price in Ethiopia (CIF) - 2022
- Metal Cutting Shear Price in Ethiopia (FOB) - 2022
- Metal Cutting Shear Imports in Ethiopia
- Metal Cutting Shear Exports in Ethiopia
Metal Cutting Shear Price in Ethiopia (CIF) - 2022
The average metal cutting shear import price stood at $2,304 per ton in 2022, shrinking by -6.2% against the previous year. Over the period under review, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 24% against the previous year. As a result, import price attained the peak level of $7,240 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($12,708 per ton), while the price for China ($1,458 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.4%), while the prices for the other major suppliers experienced a decline.
Metal Cutting Shear Price in Ethiopia (FOB) - 2022
In 2022, the average metal cutting shear export price amounted to $7,000 per ton, jumping by 87% against the previous year. Overall, the export price, however, showed a perceptible contraction. The pace of growth appeared the most rapid in 2018 when the average export price increased by 237%. Over the period under review, the average export prices hit record highs at $10,946 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +23.4% per year.
Metal Cutting Shear Imports in Ethiopia
In 2022, approx. 69 tons of metal cutting shears and similar hand tools were imported into Ethiopia; jumping by 80% on the previous year's figure. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 80% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, metal cutting shear imports soared to $159K in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Metal Cutting Shear in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 39.9 | 40.6 | 49.2 | 79.1 | 25.6% |
India | 0.9 | 0.1 | 0.8 | 43.5 | 264.3% |
Others | 8.2 | 20.2 | 43.7 | 35.9 | 63.6% |
Total | 49.1 | 60.9 | 93.8 | 159 | 47.9% |
Top Suppliers of Metal Cutting Shear to Ethiopia in 2022:
- China (54.3 tons)
- India (11.3 tons)
Metal Cutting Shear Exports in Ethiopia
In 2022, overseas shipments of metal cutting shears and similar hand tools decreased by -75% to 1 kg, falling for the second year in a row after two years of growth. Over the period under review, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 58% against the previous year. As a result, the exports reached the peak of 599 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, metal cutting shear exports shrank notably to $7 in 2022. Overall, exports saw a dramatic slump. The growth pace was the most rapid in 2020 with an increase of 15% against the previous year. As a result, the exports reached the peak of $4.5K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Metal Cutting Shear in Ethiopia (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 6.0 | 6.0 | 1.0 | 7.0 | 5.3% |
Greece | N/A | 4,391 | N/A | N/A | 0% |
United Arab Emirates | 130 | 105 | 12.0 | N/A | -69.6% |
Egypt | 64.0 | N/A | N/A | N/A | 0% |
Turkey | 3,719 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | 2.0 | N/A | 0% |
Total | 3,919 | 4,502 | 15.0 | 7.0 | -87.9% |
Top Export Markets for Metal Cutting Shear from Ethiopia in 2022:
- Germany (1.0 kg)
This report provides an in-depth analysis of the metal cutting shear 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 25733023 - Metal cutting shears and similar hand tools
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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