Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Ethiopia - 2022
Contents:
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Ethiopia (CIF) - 2022
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Ethiopia (FOB) - 2022
- Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Ethiopia
- Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Ethiopia
Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Ethiopia (CIF) - 2022
In 2022, the average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $15,871 per ton, growing by 26% against the previous year. Over the period under review, the import price showed resilient growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 90%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($50,242 per ton), while the price for South Korea ($7,439 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+33.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Ethiopia (FOB) - 2022
The average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $406,174 per ton in 2022, rising by 737% against the previous year. In general, the export price posted significant growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($1,313,310 per ton), while the average price for exports to Cote d'Ivoire ($73,089 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cote d'Ivoire (+24.7%).
Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Ethiopia
In 2022, approx. 18 tons of machine-tools; parts and accessories, for the machines of heading no. 8464 were imported into Ethiopia; waning by -19.7% against the previous year. Over the period under review, imports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 32%.
In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 expanded modestly to $279K in 2022. Overall, imports saw a sharp slump. The pace of growth was the most pronounced in 2021 with an increase of 15%.
| Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 87.5 | 41.8 | 68.9 | 100 | 4.6% |
| Taiwan (Chinese) | 287 | 54.7 | 46.8 | 71.1 | -37.2% |
| Italy | 188 | 115 | 136 | 69.0 | -28.4% |
| South Korea | 29.1 | 11.0 | 9.4 | 14.2 | -21.3% |
| India | 2.7 | 7.8 | 5.5 | 3.8 | 12.1% |
| Others | 29.5 | 7.9 | 8.0 | 20.7 | -11.1% |
| Total | 625 | 239 | 275 | 279 | -23.6% |
Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Ethiopia in 2022:
- China (8.9 tons)
- Italy (4.6 tons)
- South Korea (1.9 tons)
- Taiwan (Chinese) (1.4 tons)
- India (0.4 tons)
Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Ethiopia
In 2022, the amount of machine-tools; parts and accessories, for the machines of heading no. 8464 exported from Ethiopia declined markedly to 115 kg, shrinking by -76.5% on 2021. Overall, exports faced a precipitous shrinkage. The growth pace was the most rapid in 2021 with an increase of 1,533% against the previous year. As a result, the exports reached the peak of 490 kg, and then declined dramatically in the following year.
In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 soared to $47K in 2022. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 2,727% against the previous year. Over the period under review, the exports of machine-tools; parts and accessories, for machines of heading no. 8464 hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | N/A | N/A | N/A | 38.1 | 0% |
| Cote d'Ivoire | 2.7 | 0.7 | 18.9 | 5.8 | 29.0% |
| Ireland | N/A | N/A | N/A | 2.1 | 0% |
| Italy | 0.3 | 0.1 | 4.9 | 0.8 | 38.7% |
| Others | 1.4 | N/A | N/A | N/A | 0% |
| Total | 4.5 | 0.8 | 23.8 | 46.7 | 118.1% |
Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Ethiopia in 2022:
- Cote d'Ivoire (79.0 kg)
- Angola (29.0 kg)
- Ireland (4.0 kg)
- Italy (3.0 kg)
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