Price for Reciprocating or Rotary Internal Combustion Piston Engines in Ethiopia - 2022
Contents:
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Ethiopia (CIF) - 2022
- Price for Reciprocating or Rotary Internal Combustion Piston Engines in Ethiopia (FOB) - 2022
- Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Ethiopia
- Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Ethiopia
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Ethiopia (CIF) - 2022
The average import price for reciprocating or rotary internal combustion piston engineses stood at $628 per unit in 2022, with an increase of 58% against the previous year. In general, the import price, however, saw a perceptible shrinkage. The growth pace was the most rapid in 2013 an increase of 120% against the previous year. As a result, import price reached the peak level of $1,692 per unit. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($2,360 per unit), while the price for Brazil ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.7%), while the prices for the other major suppliers experienced a decline.
Price for Reciprocating or Rotary Internal Combustion Piston Engines in Ethiopia (FOB) - 2022
In 2022, the average export price for reciprocating or rotary internal combustion piston engineses amounted to $327 per unit, approximately equating the previous year. Over the period under review, the export price, however, showed a precipitous descent. The pace of growth appeared the most rapid in 2021 when the average export price increased by 40% against the previous year. Over the period under review, the average export prices hit record highs at $3,296 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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 the United Arab Emirates ($326 per unit), while the average price for exports to Austria stood at $12 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-14.1%).
Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Ethiopia
In 2022, supplies from abroad of reciprocating or rotary internal combustion piston engineses decreased by -91.6% to 179 units, falling for the second year in a row after two years of growth. In general, imports showed a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 17,618%. As a result, imports reached the peak of 61K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of reciprocating or rotary internal combustion piston engineses declined rapidly to $95K in 2022. Over the period under review, imports showed a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 3,627% against the previous year. As a result, imports attained the peak of $18M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Reciprocating or Rotary Internal Combustion Piston Engines in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 33.6 | 0.3 | 321 | 36.0 | 2.3% |
| United Kingdom | 417 | 9,117 | 228 | 35.4 | -56.1% |
| Singapore | N/A | 4,278 | 122 | 13.7 | -94.3% |
| Belgium | 37.3 | 4,717 | 75.3 | 9.4 | -36.8% |
| China | 2.2 | 109 | 0.7 | 0.1 | -64.3% |
| Others | 3.1 | 158 | 27.8 | 0.2 | -59.9% |
| Total | 493 | 18,380 | 775 | 94.8 | -42.3% |
Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Ethiopia in 2022:
- Singapore (69.0 units)
- Belgium (47.0 units)
- United States (22.0 units)
- United Kingdom (15.0 units)
- China (2.0 units)
Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Ethiopia
For the third consecutive year, Ethiopia recorded decline in overseas shipments of reciprocating or rotary internal combustion piston engineses, which decreased by 0% to 68 units in 2022. Over the period under review, exports continue to indicate a precipitous shrinkage. The smallest decline of -60.5% was in 2020. Over the period under review, the exports of attained the maximum at 1.1K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of reciprocating or rotary internal combustion piston engineses stood at $21K in 2022. Overall, exports continue to indicate a significant decrease. The exports peaked at $206K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Reciprocating or Rotary Internal Combustion Piston Engines in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 205 | 95.7 | 20.8 | 20.9 | -53.3% |
| Others | 0.8 | 0.2 | N/A | N/A | -75.0% |
| Total | 206 | 95.9 | 20.8 | 20.9 | -53.4% |
Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Ethiopia in 2022:
- United Arab Emirates (64.0 units)
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