Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Ethiopia - 2022

Contents:

  1. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Ethiopia (CIF) - 2022
  2. Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Ethiopia (FOB) - 2022
  3. Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Ethiopia
  4. Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Ethiopia

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Ethiopia (CIF) - 2022

In 2022, the average import price for machinery; parts of machinery for making or finishing paper or paperboard amounted to $8,103 per ton, surging by 1.5% against the previous year. Overall, the import price, however, recorded a noticeable decline. The pace of growth appeared the most rapid in 2013 an increase of 29%. As a result, import price reached the peak level of $15,068 per ton. 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 the United States ($14,895 per ton), while the price for India ($6,445 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (-2.9%), while the prices for the other major suppliers experienced a decline.

Price for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Ethiopia (FOB) - 2022

The average export price for machinery; parts of machinery for making or finishing paper or paperboard stood at $10,363 per ton in 2022, with an increase of 9.6% against the previous year. Over the period under review, the export price, however, continues to indicate a deep slump. The most prominent rate of growth was recorded in 2015 when the average export price increased by 31%. The export price peaked at $20,400 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Finland.

From 2012 to 2022, the rate of growth in terms of prices for Finland amounted to -5.9% per year.

Imports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Ethiopia

In 2022, imports of machinery; parts of machinery for making or finishing paper or paperboard into Ethiopia dropped sharply to 27 tons, reducing by -34% compared with the year before. Over the period under review, imports recorded a sharp setback. The growth pace was the most rapid in 2021 with an increase of 82% against the previous year.

In value terms, imports of machinery; parts of machinery for making or finishing paper or paperboard plummeted to $217K in 2022. In general, imports recorded a precipitous slump. The most prominent rate of growth was recorded in 2021 when imports increased by 77%.

Import of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China639124303170-35.7%
India67018.712.528.4-65.1%
United States1.50.40.814.2111.5%
Germany89.515.72.21.6-73.9%
Others44.223.85.62.6-61.1%
Total1,444183324217-46.8%

Top Suppliers of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard to Ethiopia in 2022:

  1. China (21.3 tons)
  2. India (4.4 tons)
  3. United States (1.0 tons)
  4. Germany (0.1 tons)

Exports of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Ethiopia

In 2022, approx. 457 kg of machinery; parts of machinery for making or finishing paper or paperboard were exported from Ethiopia; growing by 20% on the year before. Overall, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -21.6% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 96% against the previous year. As a result, the exports attained the peak of 583 kg. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of machinery; parts of machinery for making or finishing paper or paperboard skyrocketed to $4.7K in 2022. In general, exports posted strong growth. The most prominent rate of growth was recorded in 2020 with an increase of 93% against the previous year. As a result, the exports attained the peak of $5.9K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland3.04.63.54.716.1%
OthersN/A1.30.1N/A-92.3%
Total3.05.93.64.716.1%

Top Export Markets for Machinery; Parts of Machinery for Making or Finishing Paper or Paperboard from Ethiopia in 2022:

  1. Finland (457.0 kg)

Source: IndexBox Market Intelligence Platform

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