Ethiopia - Hydraulic Cylinders And Systems - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Hydraulic Cylinder and System in Ethiopia - 2022
Contents:
- Price for Hydraulic Cylinder and System in Ethiopia (CIF) - 2022
- Price for Hydraulic Cylinder and System in Ethiopia (FOB) - 2022
- Imports of Hydraulic Cylinder and System in Ethiopia
- Exports of Hydraulic Cylinder and System in Ethiopia
Price for Hydraulic Cylinder and System in Ethiopia (CIF) - 2022
The average hydraulic cylinder and system import price stood at $4,088 per unit in 2022, which is down by -23.1% against the previous year. In general, the import price, however, continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 80%. The import price peaked at $5,313 per unit in 2021, and then shrank significantly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($9,655 per unit), while the price for India ($852 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hydraulic Cylinder and System in Ethiopia (FOB) - 2022
The average hydraulic cylinder and system export price stood at $230 per unit in 2022, picking up by 20% against the previous year. Overall, the export price, however, recorded a deep slump. The most prominent rate of growth was recorded in 2013 an increase of 156% against the previous year. As a result, the export price attained the peak level of $1,749 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +61.9% per year.
Imports of Hydraulic Cylinder and System in Ethiopia
In 2022, overseas purchases of hydraulic cylinders and systems were finally on the rise to reach 1.1K units after two years of decline. Overall, imports, however, continue to indicate a precipitous curtailment. Over the period under review, imports reached the maximum at 7.9K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, hydraulic cylinder and system imports skyrocketed to $4.4M in 2022. In general, imports, however, showed a dramatic contraction. Imports peaked at $16M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Hydraulic Cylinder and System in Ethiopia (Thousand USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 13,085 | 5,476 | 1,435 | 463 | -67.2% |
United Arab Emirates | 290 | 88.4 | 293 | 188 | -13.5% |
China | 444 | 67.2 | 66.3 | 81.7 | -43.1% |
United Kingdom | 552 | 0.2 | 295 | 57.0 | -53.1% |
Germany | 54.7 | 40.9 | 160 | 47.5 | -4.6% |
Italy | 192 | 10.5 | 29.2 | 17.2 | -55.3% |
India | 99.2 | 41.0 | 27.7 | 12.8 | -49.5% |
Ukraine | 209 | 42.6 | 78.1 | N/A | -38.9% |
Singapore | 144 | 41.6 | 146 | N/A | 0.7% |
Netherlands | 11.9 | 1.6 | 96.4 | N/A | 184.6% |
Turkey | 190 | 5.1 | 1.2 | N/A | -92.1% |
Brazil | 23.3 | 3.8 | 5.2 | N/A | -52.8% |
Others | 908 | 135 | 178 | 3,515 | 57.0% |
Total | 16,203 | 5,954 | 2,811 | 4,382 | -35.3% |
Top Suppliers of Hydraulic Cylinder and System to Ethiopia in 2022:
- United Arab Emirates (87.0 units)
- China (69.0 units)
- United States (48.0 units)
- Germany (41.0 units)
- United Kingdom (20.0 units)
- Italy (15.0 units)
- India (15.0 units)
Exports of Hydraulic Cylinder and System in Ethiopia
In 2022, the amount of hydraulic cylinders and systems exported from Ethiopia soared to 55 units, with an increase of 83% compared with the year before. Over the period under review, exports showed significant growth. The growth pace was the most rapid in 2020 with an increase of 567% against the previous year. As a result, the exports reached the peak of 80 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, hydraulic cylinder and system exports surged to $13K in 2022. In general, exports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 731%. As a result, the exports reached the peak of $20K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
Export of Hydraulic Cylinder and System in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | N/A | N/A | N/A | 4.7 | 0% |
Germany | 0.2 | 1.9 | 0.4 | N/A | 41.4% |
Austria | N/A | 0.3 | N/A | N/A | 0% |
United Kingdom | 0.7 | 1.7 | 1.7 | N/A | 55.8% |
Djibouti | 0.1 | N/A | 0.4 | N/A | 100.0% |
United Arab Emirates | 1.3 | 12.4 | 3.2 | N/A | 56.9% |
Others | N/A | 3.3 | N/A | 7.9 | 54.7% |
Total | 2.4 | 19.6 | 5.7 | 12.6 | 73.8% |
Top Export Markets for Hydraulic Cylinder and System from Ethiopia in 2022:
- United States (1.0 units)
This report provides an in-depth analysis of the market for hydraulic cylinder and system in Ethiopia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28121130 - Hydraulic cylinders
- Prodcom 28121630 - Hydraulic systems (power packs with actuators)
Country coverage:
- Ethiopia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ethiopia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Discover the top import markets for hydraulic cylinders and systems based on data from the IndexBox market intelligence platform. Explore key statistics and insights on the global market for these essential components.
Discover the top import markets for hydraulic cylinders and systems based on data from the IndexBox market intelligence platform. Explore key statistics and insights on the global market for these essential components.