Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Ethiopia - 2022
Contents:
- Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Ethiopia (CIF) - 2022
- Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Ethiopia (FOB) - 2022
- Imports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Ethiopia
- Exports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Ethiopia
Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Ethiopia (CIF) - 2022
In 2022, the average import price for pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses amounted to $111 thousand per unit, dropping by -27.6% against the previous year. Overall, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by 48%. Over the period under review, average import prices reached the peak figure at $387 thousand per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were France ($120 thousand per unit) and Turkey ($120 thousand per unit), while the price for Japan ($116 thousand per unit) and Denmark ($116 thousand per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-14.4%), while the prices for the other major suppliers experienced a decline.
Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Ethiopia (FOB) - 2022
The average export price for pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses stood at $1.1 thousand per unit in 2022, declining by -18.4% against the previous year. Over the period under review, the export price, however, continues to indicate a tangible expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 314% against the previous year. As a result, the export price attained the peak level of $1.9 thousand per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($1.3 thousand per unit), while the average price for exports to Zambia ($75 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Ethiopia
In 2022, imports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses into Ethiopia soared to 720 units, jumping by 67% on the year before. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses skyrocketed to $80M in 2022. The total import value increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Ethiopia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.5 | 20.4 | 25.0 | 43.5 | 28.5% |
| United States | 28.3 | 16.6 | 15.1 | 11.2 | -26.6% |
| Italy | 4.4 | 4.7 | 5.4 | 8.8 | 26.0% |
| Japan | 1.7 | 1.4 | 2.9 | 3.2 | 23.5% |
| India | 2.9 | 3.6 | 3.0 | 2.7 | -2.4% |
| Denmark | 1.2 | 0.8 | 1.1 | 1.7 | 12.3% |
| Turkey | 2.2 | 1.6 | 3.2 | 1.6 | -10.1% |
| Germany | 2.0 | 3.1 | 1.8 | 1.6 | -7.2% |
| France | 0.7 | 0.5 | 2.9 | 1.0 | 12.6% |
| Others | 5.6 | 4.0 | 5.8 | 4.8 | -5.0% |
| Total | 69.6 | 56.5 | 66.2 | 80.1 | 4.8% |
Top Suppliers of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators to Ethiopia in 2022:
- China (375.0 units)
- United States (96.0 units)
- Italy (76.0 units)
- Japan (28.0 units)
- India (23.0 units)
- Denmark (15.0 units)
- Germany (14.0 units)
- Turkey (13.0 units)
- France (8.0 units)
Exports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Ethiopia
In 2022, exports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses from Ethiopia skyrocketed to 47 units, growing by 21% against the previous year's figure. In general, exports, however, recorded a dramatic downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 133% against the previous year. As a result, the exports reached the peak of 221 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses shrank slightly to $52K in 2022. Over the period under review, exports, however, recorded a significant decline. The most prominent rate of growth was recorded in 2020 with an increase of 251% against the previous year. As a result, the exports reached the peak of $389K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.3 | N/A | 16.4 | 42.9 | 422.9% |
| United Arab Emirates | 24.1 | 89.7 | 17.1 | 5.8 | -37.8% |
| Germany | N/A | 40.0 | 4.6 | 2.7 | -74.0% |
| Kenya | N/A | 0.2 | N/A | 0.4 | 41.4% |
| France | N/A | 0.6 | N/A | 0.2 | -42.3% |
| Zambia | N/A | N/A | N/A | 0.1 | 0% |
| Belgium | N/A | 86.8 | N/A | N/A | 0% |
| Mozambique | 51.5 | N/A | N/A | N/A | 0% |
| Djibouti | 15.2 | N/A | 8.7 | N/A | -24.3% |
| Malaysia | N/A | 14.3 | N/A | N/A | 0% |
| Others | 19.9 | 158 | 6.1 | N/A | -44.6% |
| Total | 111 | 389 | 52.9 | 52.0 | -22.3% |
Top Export Markets for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators from Ethiopia in 2022:
- Italy (37.0 units)
- United Arab Emirates (5.0 units)
- Germany (2.0 units)
- Zambia (1.0 units)
- France (1.0 units)
- Kenya (1.0 units)
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