Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Ethiopia - 2022

Contents:

1. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Ethiopia (CIF) - 2022
2. Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Ethiopia (FOB) - 2022
3. Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Ethiopia
4. Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Ethiopia

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Ethiopia (CIF) - 2022

In 2022, the average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses amounted to $25,208 per ton, growing by 3.7% against the previous year. In general, the import price saw a moderate increase. The pace of growth appeared the most rapid in 2014 an increase of 104%. Over the period under review, average import prices attained the peak figure at $38,643 per ton in 2016; however, from 2017 to 2022, import prices remained at a 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 Germany ($208,000 per ton), while the price for China ($12,681 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+29.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Ethiopia (FOB) - 2022

The average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $36,630 per ton in 2022, jumping by 35% against the previous year. Overall, the export price, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2013 an increase of 73% against the previous year. As a result, the export price reached the peak level of $114,234 per ton. From 2014 to 2022, the average 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 South Korea ($52,789 per ton), while the average price for exports to Ireland amounted to $4,311 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+18.9%).

Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Ethiopia

In 2022, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses into Ethiopia contracted rapidly to 1.4 tons, with a decrease of -41.1% on the year before. Overall, imports recorded a dramatic contraction. The pace of growth was the most pronounced in 2021 when imports increased by 23%.

In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses dropped significantly to $35K in 2022. Over the period under review, imports continue to indicate a significant curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 53% against the previous year.

Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to Ethiopia in 2022:

1. China (862.0 kg)
2. India (340.0 kg)
3. United Kingdom (46.0 kg)
4. Taiwan (Chinese) (34.0 kg)
5. Italy (12.0 kg)

Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in Ethiopia

In 2022, approx. 135 kg of machine-tools; parts and accessories, tool holders and self-opening dieheadses were exported from Ethiopia; with an increase of 41% against 2021. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 256% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses surged to $4.9K in 2022. Overall, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 243%. The exports peaked in 2022 and are expected to retain growth in years to come.

Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from Ethiopia in 2022:

1. South Korea (90.0 kg)
2. Ireland (45.0 kg)

Source: IndexBox Market Intelligence Platform