Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Ethiopia - 2022
Contents:
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Ethiopia (CIF) - 2022
- Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Ethiopia (FOB) - 2022
- Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Ethiopia
- Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Ethiopia
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Ethiopia (CIF) - 2022
In 2022, the average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $45 per thousand units, falling by -1.9% against the previous year. In general, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment decreased by -20.5% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of 51% against the previous year. The import price peaked at $56 per thousand units in 2018; however, from 2019 to 2022, import prices stood at a somewhat 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 the Netherlands ($136 per thousand units), while the price for the United Arab Emirates ($8.3 per thousand units) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Ethiopia (FOB) - 2022
In 2022, the average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment amounted to $0.1 per unit, growing by 77% against the previous year. Overall, the export price, however, continues to indicate a perceptible contraction. The pace of growth was the most pronounced in 2020 an increase of 143% against the previous year. The export price peaked at $0.2 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mozambique ($0.1 per unit), while the average price for exports to Cote d'Ivoire (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Ethiopia
After two years of decline, overseas purchases of electrical circuit prefabricated elements, connectors, contact elements and other equipment increased by 99% to 220M units in 2022. In general, imports, however, saw a slight reduction. Over the period under review, imports of attained the maximum at 226M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment skyrocketed to $9.9M in 2022. Overall, imports, however, saw a abrupt slump. Imports peaked at $12M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Ethiopia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.1 | 0.1 | 0.1 | 4.2 | 247.6% |
| China | 2.7 | 2.3 | 1.3 | 2.5 | -2.5% |
| Italy | 2.1 | 4.8 | 2.5 | 1.8 | -5.0% |
| Turkey | 0.5 | 0.2 | 0.1 | 0.3 | -15.7% |
| United Arab Emirates | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| India | 0.9 | 0.2 | 0.1 | 0.1 | -51.9% |
| Spain | 3.0 | N/A | N/A | N/A | 0% |
| Others | 2.6 | 0.9 | 0.6 | 0.6 | -38.7% |
| Total | 12.0 | 8.5 | 5.1 | 9.9 | -6.2% |
Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Ethiopia in 2022:
- China (97.5M units)
- Italy (34.5M units)
- United Arab Emirates (34.2M units)
- Netherlands (30.8M units)
- Turkey (16.1M units)
- India (1.3M units)
Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Ethiopia
For the third consecutive year, Ethiopia recorded decline in shipments abroad of electrical circuit prefabricated elements, connectors, contact elements and other equipment, which decreased by -32.4% to 155K units in 2022. Over the period under review, exports recorded a dramatic shrinkage. Over the period under review, the exports of hit record highs at 526K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment soared to $11K in 2022. In general, exports faced a abrupt contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 58% against the previous year. As a result, the exports attained the peak of $29K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | N/A | N/A | N/A | 5.0 | 0% |
| Sweden | N/A | N/A | N/A | 4.3 | 0% |
| Mozambique | N/A | N/A | N/A | 1.2 | 0% |
| Cote d'Ivoire | 6.2 | 0.4 | N/A | 0.3 | -63.6% |
| Burkina Faso | N/A | 0.3 | N/A | N/A | 0% |
| Cameroon | 0.9 | N/A | N/A | N/A | 0% |
| Nigeria | 1.1 | 0.5 | 0.5 | N/A | -32.6% |
| Germany | 4.6 | N/A | N/A | N/A | 0% |
| Malawi | 0.7 | N/A | N/A | N/A | 0% |
| Tanzania | N/A | N/A | 8.5 | N/A | 0% |
| Angola | 3.0 | 3.7 | N/A | N/A | 23.3% |
| Others | 1.7 | 23.8 | 0.5 | 0.5 | -33.5% |
| Total | 18.3 | 28.8 | 9.6 | 11.4 | -14.6% |
Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Ethiopia in 2022:
- Democratic Republic of the Congo (52.2K units)
- Sweden (47.9K units)
- Cote d'Ivoire (42.8K units)
- Mozambique (11.3K units)
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