Price for Non-Tanker Trailer and Semi-Trailers in Ethiopia - 2022

Contents:

1. Price for Non-Tanker Trailer and Semi-Trailers in Ethiopia (CIF) - 2022
2. Price for Non-Tanker Trailer and Semi-Trailers in Ethiopia (FOB) - 2022
3. Imports of Non-Tanker Trailer and Semi-Trailers in Ethiopia
4. Exports of Non-Tanker Trailer and Semi-Trailers in Ethiopia

Price for Non-Tanker Trailer and Semi-Trailers in Ethiopia (CIF) - 2022

The average non-tanker trailer and semi-trailers import price stood at $22,482 per unit in 2022, waning by -3.7% against the previous year. Over the last decade, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2021 an increase of 21% against the previous year. Over the period under review, average import prices reached the maximum at $23,743 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($22,485 per unit), while the price for France ($22,028 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Non-Tanker Trailer and Semi-Trailers in Ethiopia (FOB) - 2022

The average non-tanker trailer and semi-trailers export price stood at $21,760 per unit in 2022, picking up by 28% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +6.1%. The growth pace was the most rapid in 2013 when the average export price increased by 65% against the previous year. Over the period under review, the average export prices hit record highs at $23,144 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.7% per year.

Imports of Non-Tanker Trailer and Semi-Trailers in Ethiopia

In 2022, non-tanker trailer and semi-trailers imports into Ethiopia soared to 465 units, picking up by 88% on 2021 figures. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 166% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, non-tanker trailer and semi-trailers imports surged to $10M in 2022. In general, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 222% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Non-Tanker Trailer and Semi-Trailers to Ethiopia in 2022:

1. China (395.0 units)
2. United Arab Emirates (59.0 units)
3. France (11.0 units)

Exports of Non-Tanker Trailer and Semi-Trailers in Ethiopia

In 2022, approx. 1 units of non-tanker trailers and semi-trailers were exported from Ethiopia; with a decrease of -50% compared with 2021 figures. Overall, exports showed a sharp curtailment. Over the period under review, the exports attained the maximum at 2 units in 2021, and then declined significantly in the following year.

In value terms, non-tanker trailer and semi-trailers exports reduced sharply to $22K in 2022. In general, exports faced a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of 15%. As a result, the exports attained the peak of $46K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Top Export Markets for Non-Tanker Trailer and Semi-Trailers from Ethiopia in 2022:

1. China (1.0 units)

Source: IndexBox Market Intelligence Platform