Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Ethiopia - 2022
Contents:
- Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Ethiopia (CIF) - 2022
- Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Ethiopia (FOB) - 2022
- Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Ethiopia
- Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Ethiopia
Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Ethiopia (CIF) - 2022
The average import price for drawing, marking-out or mathematical calculating instrumentses stood at $5.9 per unit in 2022, shrinking by -3.1% against the previous year. Overall, the import price, however, continues to indicate slight growth. The pace of growth was the most pronounced in 2014 an increase of 84%. Over the period under review, average import prices reached the peak figure at $11 per unit in 2016; however, from 2017 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 Spain ($11 per unit), while the price for India ($2.3 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Ethiopia (FOB) - 2022
The average export price for drawing, marking-out or mathematical calculating instrumentses stood at $0.5 per unit in 2021, shrinking by -98.6% against the previous year. In general, the export price continues to indicate a sharp slump. The pace of growth appeared the most rapid in 2018 an increase of 2,999%. Over the period under review, the average export prices hit record highs at $77 per unit in 2019; however, from 2020 to 2021, 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 Nigeria.
From 2012 to 2021, the rate of growth in terms of prices for France amounted to +82.9% per year.
Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Ethiopia
After two years of decline, overseas purchases of drawing, marking-out or mathematical calculating instrumentses increased by 99% to 46K units in 2022. In general, imports, however, showed a perceptible curtailment. Imports peaked at 50K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of drawing, marking-out or mathematical calculating instrumentses skyrocketed to $271K in 2022. Overall, imports, however, saw a pronounced shrinkage. Imports peaked at $304K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Drawing, Marking-Out or Mathematical Calculating Instruments in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 132 | 47.6 | 38.7 | 130 | -0.5% |
| Spain | 138 | 65.3 | 81.1 | 126 | -3.0% |
| India | 15.0 | 0.2 | 9.4 | 0.4 | -70.1% |
| Others | 18.3 | 17.8 | 11.7 | 14.7 | -7.0% |
| Total | 304 | 131 | 141 | 271 | -3.8% |
Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Ethiopia in 2022:
- China (33.9K units)
- Spain (11.1K units)
- India (0.2K units)
Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Ethiopia
For the third year in a row, Ethiopia recorded growth in shipments abroad of drawing, marking-out or mathematical calculating instrumentses, which increased by 1,751% to 944 units in 2021. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of drawing, marking-out or mathematical calculating instrumentses contracted sharply to $443 in 2021. Over the period under review, exports, however, continue to indicate a slight decline. The pace of growth appeared the most rapid in 2020 with an increase of 268% against the previous year. As a result, the exports attained the peak of $1.7K, and then contracted markedly in the following year.
| Export of Drawing, Marking-Out or Mathematical Calculating Instruments in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Nigeria | N/A | 1.7 | 0.4 | -76.5% | |
| Others | 0.5 | N/A | 0.1 | -55.3% | |
| Total | 0.5 | 1.7 | 0.4 | -10.6% | |
Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from Ethiopia in 2022:
- Nigeria (938.0 units)
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