Price for Vehicles; Mobile Drilling Derricks in Ethiopia - 2022
Contents:
- Price for Vehicles; Mobile Drilling Derricks in Ethiopia (CIF) - 2022
- Price for Vehicles; Mobile Drilling Derricks in Ethiopia (FOB) - 2022
- Imports of Vehicles; Mobile Drilling Derricks in Ethiopia
- Exports of Vehicles; Mobile Drilling Derricks in Ethiopia
Price for Vehicles; Mobile Drilling Derricks in Ethiopia (CIF) - 2022
In 2022, the average vehicles; mobile drilling derricks import price amounted to $159,562 per unit, surging by 7.1% against the previous year. In general, the import price, however, recorded a abrupt descent. The growth pace was the most rapid in 2019 when the average import price increased by 78%. Over the period under review, average import prices attained the maximum at $489,079 per unit in 2015; however, from 2016 to 2022, import prices remained at a 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 India ($389,082 per unit), while the price for China ($83,112 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+0.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Vehicles; Mobile Drilling Derricks in Ethiopia (FOB) - 2022
In 2021, the average vehicles; mobile drilling derricks export price amounted to $321,155 per unit, approximately mirroring the previous year. In general, the export price posted a measured increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 275%. Over the period under review, the average export prices attained the maximum at $949,389 per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Tanzania.
From 2012 to 2021, the rate of growth in terms of prices for Djibouti amounted to +40.5% per year.
Imports of Vehicles; Mobile Drilling Derricks in Ethiopia
In 2022, imports of vehicles; mobile drilling derrickses into Ethiopia amounted to 16 units, picking up by 6.7% on 2021. The total import volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 7.1% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, vehicles; mobile drilling derricks imports amounted to $2.6M in 2022. Overall, imports, however, saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 29% against the previous year. Imports peaked at $4.2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Vehicles; Mobile Drilling Derricks in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 321 | 37.8 | 95.9 | 926 | 42.4% |
| China | 33.3 | 36.1 | 12.2 | 582 | 159.5% |
| Japan | 4.3 | 3.0 | 53.1 | 475 | 379.8% |
| India | 218 | 21.3 | 122 | 389 | 21.3% |
| Germany | 26.2 | 9.4 | 25.2 | 181 | 90.5% |
| South Korea | 5.8 | 2.1 | 2.0 | N/A | -41.3% |
| Chile | 2,233 | 1,125 | 1,556 | N/A | -16.5% |
| Sweden | 171 | 59.1 | 88.7 | N/A | -28.0% |
| United States | 989 | 232 | 34.5 | N/A | -81.3% |
| France | 8.1 | 7.1 | 8.6 | N/A | 3.0% |
| Italy | 124 | 173 | 208 | N/A | 29.5% |
| Saudi Arabia | 43.4 | 17.4 | 19.3 | N/A | -33.3% |
| Canada | 0.9 | 0.3 | 0.3 | N/A | -42.3% |
| Others | 15.8 | 7.3 | 9.9 | N/A | -20.8% |
| Total | 4,193 | 1,731 | 2,236 | 2,553 | -15.2% |
Top Suppliers of Vehicles; Mobile Drilling Derricks to Ethiopia in 2022:
- China (7.0 units)
- Turkey (4.0 units)
- Japan (2.0 units)
- Germany (2.0 units)
- India (1.0 units)
Exports of Vehicles; Mobile Drilling Derricks in Ethiopia
In 2021, approx. 1 units of vehicles; mobile drilling derrickses were exported from Ethiopia; remaining relatively unchanged against 2020 figures. Over the period under review, exports saw a relatively flat trend pattern. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.
In value terms, vehicles; mobile drilling derricks exports stood at $321K in 2021. In general, exports recorded significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.
| Export of Vehicles; Mobile Drilling Derricks in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Tanzania | N/A | N/A | 321 | 0% | |
| Turkey | 191 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 191 | N/A | 321 | 29.6% | |
Top Export Markets for Vehicles; Mobile Drilling Derricks from Ethiopia in 2022:
- Tanzania (1.0 units)
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