Price for Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Ethiopia - 2022

Contents:

  1. Price for Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Ethiopia (CIF) - 2022
  2. Price for Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Ethiopia (FOB) - 2022
  3. Imports of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Ethiopia
  4. Exports of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Ethiopia

Price for Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Ethiopia (CIF) - 2022

The average import price for boilers; watertube boilers with a steam production exceeding 45t per hour stood at $5,590 per ton in 2022, surging by 3.8% against the previous year. Overall, the import price, however, saw a perceptible decline. The most prominent rate of growth was recorded in 2014 an increase of 14%. The import price peaked at $7,995 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Pakistan ($37,942 per ton), while the price for India ($1,948 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Ethiopia (FOB) - 2022

The average export price for boilers; watertube boilers with a steam production exceeding 45t per hour stood at $530 per ton in 2022, surging by 2.5% against the previous year. Over the period under review, the export price, however, showed a deep setback. The growth pace was the most rapid in 2014 when the average export price increased by 60%. The export price peaked at $12,300 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Kenya.

From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to -18.3% per year.

Imports of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Ethiopia

For the third consecutive year, Ethiopia recorded decline in overseas purchases of boilers; watertube boilers with a steam production exceeding 45t per hour, which decreased by -25.3% to 47 tons in 2022. Over the period under review, imports faced a abrupt downturn. The smallest decline of -12.7% was in 2021.

In value terms, imports of boilers; watertube boilers with a steam production exceeding 45t per hour shrank notably to $261K in 2022. In general, imports recorded a abrupt decrease. The smallest decline of -11.9% was in 2021.

Import of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey5.50.5109103165.6%
China28386.110484.7-33.1%
Netherlands52.070.234.931.5-15.4%
India29.713239.210.9-28.4%
Italy33.149.329.37.6-38.8%
Others29.643.519.723.3-7.7%
Total433382336261-15.5%

Top Suppliers of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour to Ethiopia in 2022:

  1. China (29.2 tons)
  2. Netherlands (6.9 tons)
  3. India (5.6 tons)
  4. Turkey (3.7 tons)
  5. Italy (0.2 tons)

Exports of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Ethiopia

For the fourth consecutive year, Ethiopia recorded growth in overseas shipments of boilers; watertube boilers with a steam production exceeding 45t per hour, which increased by 16% to 132 kg in 2022. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 80%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of boilers; watertube boilers with a steam production exceeding 45t per hour surged to $70 in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 19%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya42.050.059.070.018.6%
OthersN/AN/AN/AN/A0%
Total42.050.059.070.018.6%

Top Export Markets for Boilers; Watertube Boilers with A Steam Production Exceeding 45t Per Hour from Ethiopia in 2022:

  1. Kenya (132.0 kg)

Source: IndexBox Market Intelligence Platform

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