Price for Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Ethiopia - 2022
Contents:
- Price for Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Ethiopia (CIF) - 2022
- Imports of Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Ethiopia
Price for Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Ethiopia (CIF) - 2022
In 2022, the average import price for electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s amounted to $438 per unit, growing by 7.1% against the previous year. Overall, the import price saw a significant increase. The most prominent rate of growth was recorded in 2019 an increase of 172%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
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 India ($452 per unit), while the price for the UK ($30 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+26.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Ethiopia
In 2022, the amount of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s imported into Ethiopia declined to 1.3K units, falling by -6.7% on the previous year. Overall, imports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 690%. As a result, imports reached the peak of 1.4K units, and then declined in the following year.
In value terms, imports of electric accumulators; nickel-iron, including separators, whether or not rectangular (including square)s stood at $551K in 2022. In general, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 871% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 11.0 | 6.6 | 341 | 319 | 207.2% |
| Germany | 63.0 | 37.1 | 190 | 213 | 50.1% |
| United Arab Emirates | 16.1 | N/A | 9.9 | 13.6 | -5.5% |
| Others | 5.2 | 12.8 | 6.9 | 5.2 | 0.0% |
| Total | 95.4 | 56.5 | 548 | 551 | 79.4% |
Top Suppliers of Electric Accumulators; Nickel-Iron, Including Separators, Whether or Not Rectangular (Including Square) to Ethiopia in 2022:
- China (729.0 units)
- Germany (486.0 units)
- United Arab Emirates (31.0 units)
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