Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ethiopia - 2022

Contents:

  1. Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ethiopia (CIF) - 2022
  2. Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ethiopia

Price for Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ethiopia (CIF) - 2022

In 2022, the average import price for pharmaceutical goods; appliances identifiable for ostomy uses amounted to $36,585 per ton, declining by -37.7% against the previous year. In general, the import price recorded a abrupt decline. The growth pace was the most rapid in 2021 an increase of 23%. Over the period under review, average import prices reached the peak figure at $84,804 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Ireland ($50,238 per ton), while the price for India totaled $16,390 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-1.7%), while the prices for the other major suppliers experienced a decline.

Imports of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ethiopia

In 2022, purchases abroad of pharmaceutical goods; appliances identifiable for ostomy uses increased by 7.2% to 1.2 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a significant decrease.

In value terms, imports of pharmaceutical goods; appliances identifiable for ostomy uses declined markedly to $44K in 2022. Over the period under review, imports, however, continue to indicate a dramatic setback. The smallest decline of -13.4% was in 2020.

Import of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ireland77.245.025.335.7-22.7%
IndiaN/AN/AN/A7.90%
United States33.458.520.3N/A-22.0%
Netherlands71.454.019.3N/A-48.0%
Others0.10.20.3N/A73.2%
Total18215865.143.5-37.9%

Top Suppliers of Pharmaceutical Goods; Appliances Identifiable for Ostomy Use to Ethiopia in 2022:

  1. Ireland (710.0 kg)
  2. India (480.0 kg)

Source: IndexBox Market Intelligence Platform

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