Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Ethiopia - 2022
Contents:
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Ethiopia (CIF) - 2022
- Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Ethiopia (FOB) - 2022
- Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Ethiopia
- Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Ethiopia
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Ethiopia (CIF) - 2022
In 2022, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $264 per unit, dropping by -7.3% against the previous year. In general, the import price showed a pronounced curtailment. The pace of growth was the most pronounced in 2021 when the average import price increased by 61% against the previous year. Over the period under review, average import prices hit record highs at $538 per unit in 2013; however, from 2014 to 2022, 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 United States ($254 per unit), while the price for Belgium ($11 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Ethiopia (FOB) - 2022
In 2022, the average export price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $509 per unit, with a decrease of -92.9% against the previous year. Overall, the export price, however, posted a strong increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 1,606% against the previous year. As a result, the export price reached the peak level of $7,167 per unit, and then dropped dramatically in the following year.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +248.0% per year.
Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Ethiopia
In 2022, overseas purchases of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) decreased by -44.8% to 537 units, falling for the second year in a row after two years of growth. In general, imports showed a pronounced decrease. The most prominent rate of growth was recorded in 2020 with an increase of 642% against the previous year. As a result, imports attained the peak of 4.4K units. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) contracted sharply to $142K in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 444%. As a result, imports attained the peak of $777K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | N/A | N/A | N/A | 43.2 | 0% |
| China | 58.5 | 497 | 82.4 | 22.7 | -27.1% |
| Singapore | 22.0 | 35.2 | 27.6 | 14.3 | -13.4% |
| Italy | N/A | 107 | 13.8 | 9.7 | -69.9% |
| Malaysia | 19.9 | 21.8 | 8.3 | 8.0 | -26.2% |
| United Arab Emirates | N/A | 4.8 | 0.3 | 6.9 | 19.9% |
| Taiwan (Chinese) | 1.8 | 15.4 | 14.7 | 4.7 | 37.7% |
| United States | 5.4 | 8.4 | 6.3 | 3.6 | -12.6% |
| Czech Republic | N/A | 18.7 | N/A | 1.0 | -76.9% |
| Germany | 14.2 | 0.1 | 43.9 | 0.9 | -60.1% |
| United Kingdom | 12.8 | 14.7 | 7.3 | N/A | -24.5% |
| Others | 8.2 | 54.0 | 72.3 | 26.8 | 48.4% |
| Total | 143 | 777 | 277 | 142 | -0.2% |
Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Ethiopia in 2022:
- Israel (190.0 units)
- China (99.0 units)
- Singapore (60.0 units)
- Italy (41.0 units)
- Malaysia (34.0 units)
- United Arab Emirates (29.0 units)
- Taiwan (Chinese) (20.0 units)
- United States (14.0 units)
- Czech Republic (5.0 units)
- Germany (4.0 units)
- United Kingdom (1.0 units)
Exports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Ethiopia
Exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) from Ethiopia surged to 31 units in 2022, with an increase of 1,450% on the year before. Over the period under review, exports recorded a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) totaled $16K in 2022. Overall, exports showed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 99%. Over the period under review, the exports of tools; for working in hand, pneumatic, rotary type (including combined rotary-percussion) attained the maximum in 2022 and are likely to see steady growth in the immediate term.
| Export of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.5 | 13.0 | 0.8 | 15.8 | 34.5% |
| Others | N/A | N/A | 13.5 | N/A | 0% |
| Total | 6.5 | 13.0 | 14.3 | 15.8 | 34.5% |
Top Export Markets for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) from Ethiopia in 2022:
- Germany (31.0 units)
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