Price for Navigational Instruments and Appliances; Parts and Accessories in Ethiopia - 2022

Contents:

  1. Price for Navigational Instruments and Appliances; Parts and Accessories in Ethiopia (CIF) - 2022
  2. Price for Navigational Instruments and Appliances; Parts and Accessories in Ethiopia (FOB) - 2022
  3. Imports of Navigational Instruments and Appliances; Parts and Accessories in Ethiopia
  4. Exports of Navigational Instruments and Appliances; Parts and Accessories in Ethiopia

Price for Navigational Instruments and Appliances; Parts and Accessories in Ethiopia (CIF) - 2022

The average import price for navigational instruments and appliances; parts and accessorieses stood at $533,648 per ton in 2022, which is down by -50.4% against the previous year. Over the period under review, the import price continues to indicate a abrupt setback. The growth pace was the most rapid in 2015 an increase of 142%. Over the period under review, average import prices hit record highs at $1,075,884 per ton in 2021, and then declined remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($2,271,500 per ton), while the price for the United Arab Emirates ($43,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+22.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Navigational Instruments and Appliances; Parts and Accessories in Ethiopia (FOB) - 2022

The average export price for navigational instruments and appliances; parts and accessorieses stood at $2,545,111 per ton in 2022, with a decrease of -6.2% against the previous year. Over the period under review, the export price, however, posted modest growth. The growth pace was the most rapid in 2015 an increase of 98% against the previous year. Over the period under review, the average export prices hit record highs at $3,412,433 per ton in 2020; however, from 2021 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 France ($8,286,000 per ton), while the average price for exports to the Netherlands ($1,516,000 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 France (+58.1%), while the prices for the other major destinations experienced a decline.

Imports of Navigational Instruments and Appliances; Parts and Accessories in Ethiopia

In 2022, purchases abroad of navigational instruments and appliances; parts and accessorieses was finally on the rise to reach 122 kg after two years of decline. Over the period under review, imports, however, saw a sharp setback.

In value terms, imports of navigational instruments and appliances; parts and accessorieses skyrocketed to $65K in 2022. Overall, imports, however, showed a sharp decline.

Import of Navigational Instruments and Appliances; Parts and Accessories in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom0.111133.427.3548.7%
France21.961.42.08.8-26.2%
United States34167.21.57.5-72.0%
Netherlands93.72.70.26.6-58.7%
Germany17.18.33.25.0-33.6%
Czech Republic0.52.11.33.387.6%
Russia14.86.12.02.7-43.3%
Singapore8.03.41.21.6-41.5%
Australia2.91.20.40.5-44.3%
China1.10.50.10.5-23.1%
Japan0.50.20.10.1-41.5%
Hong Kong SARN/A0.6N/AN/A0%
Poland38.7N/AN/AN/A0%
Others72.219.20.91.3-73.8%
Total61228346.365.1-52.6%

Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Ethiopia in 2022:

  1. United States (44.0 kg)
  2. Netherlands (28.0 kg)
  3. United Kingdom (12.0 kg)
  4. China (7.0 kg)
  5. Russia (6.0 kg)
  6. Czech Republic (4.0 kg)
  7. Singapore (4.0 kg)
  8. France (4.0 kg)
  9. Germany (3.0 kg)
  10. Japan (2.0 kg)
  11. Australia (2.0 kg)

Exports of Navigational Instruments and Appliances; Parts and Accessories in Ethiopia

In 2022, exports of navigational instruments and appliances; parts and accessorieses from Ethiopia fell sharply to 9 kg, with a decrease of -35.7% compared with 2021 figures. Over the period under review, exports recorded a precipitous shrinkage.

In value terms, exports of navigational instruments and appliances; parts and accessorieses contracted notably to $23K in 2022. Overall, exports showed a dramatic setback. The smallest decline of -23.8% was in 2020.

Export of Navigational Instruments and Appliances; Parts and Accessories in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/A43.012.913.1-44.8%
France13452.620.58.3-60.4%
Netherlands0.35.62.81.571.0%
United KingdomN/A1.1N/AN/A0%
AustraliaN/AN/A1.8N/A0%
OthersN/AN/AN/AN/A0%
Total13410238.022.9-44.5%

Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Ethiopia in 2022:

  1. Czech Republic (7.0 kg)
  2. Netherlands (1.0 kg)
  3. France (1.0 kg)

Source: IndexBox Market Intelligence Platform

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