Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ethiopia - 2022
Contents:
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ethiopia (CIF) - 2022
- Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ethiopia (FOB) - 2022
- Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ethiopia
- Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ethiopia
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ethiopia (CIF) - 2022
The average import price for electric motors and generators stood at $25,241 per unit in 2022, declining by -35.2% against the previous year. In general, the import price, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2013 when the average import price increased by 201% against the previous year. As a result, import price attained the peak level of $43,442 per unit. From 2014 to 2022, the average 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 Italy ($31,692 per unit), while the price for Egypt ($26 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+31.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ethiopia (FOB) - 2022
The average export price for electric motors and generators stood at $4,033 per unit in 2022, reducing by -24.3% against the previous year. In general, the export price, however, posted a resilient increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 80%. As a result, the export price reached the peak level of $5,330 per unit, and then fell notably in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Djibouti ($4,376 per unit), while the average price for exports to China stood at $255 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Djibouti (+14.7%).
Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ethiopia
In 2022, approx. 54 units of electric motors and generators were imported into Ethiopia; waning by -65.6% on the previous year's figure. In general, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 293% against the previous year. As a result, imports reached the peak of 157 units, and then declined markedly in the following year.
In value terms, imports of electric motors and generators contracted remarkably to $1.4M in 2022. Overall, imports faced a dramatic setback. The most prominent rate of growth was recorded in 2021 when imports increased by 763% against the previous year. As a result, imports attained the peak of $6.1M, and then declined dramatically in the following year.
| Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 13.1 | 6.0 | 11.7 | 729 | 281.8% |
| China | 2,707 | 531 | 5,729 | 317 | -51.1% |
| South Korea | 125 | 35.7 | 151 | 134 | 2.3% |
| Turkey | 17.7 | 73.2 | 70.9 | 79.4 | 64.9% |
| India | 7.5 | 22.2 | 0.1 | 26.3 | 51.9% |
| United Arab Emirates | 29.5 | 5.3 | 9.5 | 15.4 | -19.5% |
| France | 20.0 | 9.4 | 22.8 | 7.6 | -27.6% |
| Pakistan | 7.6 | 1.7 | 5.0 | 5.4 | -10.8% |
| Germany | 14.5 | 6.5 | 36.0 | 2.9 | -41.5% |
| Japan | 3.7 | 0.9 | 3.5 | 2.8 | -8.9% |
| Netherlands | 1.3 | 0.3 | 0.9 | 0.6 | -22.7% |
| Spain | 2.5 | 0.2 | 0.4 | 0.3 | -50.7% |
| Egypt | 7.7 | 0.5 | 0.5 | N/A | -74.5% |
| Others | 38.4 | 15.4 | 70.9 | 42.7 | 3.6% |
| Total | 2,996 | 708 | 6,112 | 1,363 | -23.1% |
Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Ethiopia in 2022:
- Italy (23.0 units)
- China (10.0 units)
- South Korea (7.0 units)
- Turkey (3.0 units)
- Pakistan (1.0 units)
- Netherlands (1.0 units)
- Egypt (1.0 units)
- United Arab Emirates (1.0 units)
- Japan (1.0 units)
- India (1.0 units)
- France (1.0 units)
- Germany (1.0 units)
- Spain (1.0 units)
Exports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ethiopia
In 2022, overseas shipments of electric motors and generators were finally on the rise to reach 12 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a precipitous curtailment. Over the period under review, the exports of attained the peak figure at 112 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of electric motors and generators skyrocketed to $48K in 2022. Over the period under review, exports, however, faced a precipitous decrease. The exports peaked at $288K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Djibouti | 269 | 160 | 29.5 | 48.1 | -43.7% |
| China | N/A | N/A | N/A | 0.3 | 0% |
| Others | 19.5 | N/A | 2.4 | N/A | -64.9% |
| Total | 288 | 160 | 32.0 | 48.4 | -44.8% |
Top Export Markets for Electric Motors and Generators; DC, of an Output Exceeding 375kW from Ethiopia in 2022:
- Djibouti (11.0 units)
- China (1.0 units)
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