Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Ethiopia - 2022

Contents:

  1. Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Ethiopia (CIF) - 2022
  2. Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Ethiopia (FOB) - 2022
  3. Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Ethiopia
  4. Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Ethiopia

Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Ethiopia (CIF) - 2022

In 2022, the average import price for lightning arresters, voltage limiters and surge suppressors for over 1000 v amounted to $3.7 per unit, remaining relatively unchanged against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 57% against the previous year. Over the period under review, average import prices attained the maximum at $9.5 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 ($16 per unit), while the price for Sweden ($2.2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Ethiopia (FOB) - 2022

The average export price for lightning arresters, voltage limiters and surge suppressors for over 1000 v stood at $4.8 per unit in 2022, shrinking by -38.1% against the previous year. Over the period under review, the export price, however, recorded a perceptible expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by 376%. The export price peaked at $42 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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 the United States ($8.1 per unit), while the average price for exports to Nepal stood at $1.7 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+9.6%).

Imports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Ethiopia

In 2022, imports of lightning arresters, voltage limiters and surge suppressors for over 1000 v into Ethiopia contracted sharply to 446K units, waning by -64.5% on the previous year. In general, imports, however, enjoyed a mild increase. The growth pace was the most rapid in 2021 when imports increased by 770% against the previous year. As a result, imports reached the peak of 1.3M units, and then dropped notably in the following year.

In value terms, imports of lightning arresters, voltage limiters and surge suppressors for over 1000 v dropped sharply to $1.7M in 2022. Overall, imports, however, enjoyed a temperate increase. The pace of growth appeared the most rapid in 2021 with an increase of 573%. As a result, imports attained the peak of $4.7M, and then dropped significantly in the following year.

Import of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6672304,00799214.1%
India15.735.1146187128.4%
Sweden15194.4138111-9.7%
Germany23796.743.378.3-30.9%
United Kingdom44.635.164.765.313.6%
Others405202263235-16.6%
Total1,5206934,6621,6683.1%

Top Suppliers of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V to Ethiopia in 2022:

  1. China (346.0K units)
  2. Sweden (51.7K units)
  3. India (11.9K units)
  4. Germany (10.0K units)
  5. United Kingdom (9.3K units)

Exports of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Ethiopia

In 2022, after three years of growth, there was decline in overseas shipments of lightning arresters, voltage limiters and surge suppressors for over 1000 v, when their volume decreased by 0% to 43 units. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 153%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of lightning arresters, voltage limiters and surge suppressors for over 1000 v reduced notably to $208 in 2022. Overall, exports saw a dramatic contraction. The smallest decline of -21.3% was in 2020. Over the period under review, the exports of attained the maximum at $544 in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States544428336170-32.1%
NepalN/AN/AN/A38.00%
OthersN/AN/AN/AN/A0%
Total544428336208-27.4%

Top Export Markets for Lightning Arresters, Voltage Limiters and Surge Suppressors for over 1000 V from Ethiopia in 2022:

  1. Nepal (22.0 units)
  2. United States (21.0 units)

Source: IndexBox Market Intelligence Platform

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