Rafts; Inflatable Price in Ethiopia - 2022

Contents:

  1. Rafts; Inflatable Price in Ethiopia (CIF) - 2022
  2. Rafts; Inflatable Price in Ethiopia (FOB) - 2022
  3. Rafts; Inflatable Imports in Ethiopia
  4. Rafts; Inflatable Exports in Ethiopia

Rafts; Inflatable Price in Ethiopia (CIF) - 2022

In 2022, the average rafts; inflatable import price amounted to $3,925 per unit, picking up by 28% against the previous year. Overall, the import price showed a noticeable expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 147%. The import price peaked at $4,830 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +5.9% per year.

Rafts; Inflatable Price in Ethiopia (FOB) - 2022

In 2022, the average rafts; inflatable export price amounted to $13,484 per unit, with an increase of 14% against the previous year. In general, the export price continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 545%. The export price peaked in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($17,751 per unit), while the average price for exports to Malawi ($2,252 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 Canada (+43.8%).

Rafts; Inflatable Imports in Ethiopia

In 2022, approx. 17 units of rafts; inflatables were imported into Ethiopia; falling by -26.1% against 2021 figures. Overall, imports continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2021 with an increase of 53%. As a result, imports reached the peak of 23 units, and then dropped markedly in the following year.

In value terms, rafts; inflatable imports fell to $67K in 2022. In general, imports showed a perceptible curtailment. The smallest decline of -2.7% was in 2020. Imports peaked at $74K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Rafts; Inflatable in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France6.216.738.366.7120.8%
United Kingdom58.252.721.4N/A-39.4%
United States1.20.47.3N/A146.6%
Canada1.72.63.6N/A45.5%
Others7.2N/AN/AN/A0%
Total74.572.570.566.7-3.6%

Top Suppliers of Rafts; Inflatable to Ethiopia in 2022:

  1. France (17.0 units)

Rafts; Inflatable Exports in Ethiopia

In 2022, shipments abroad of rafts; inflatables decreased by -53.8% to 6 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 550%. As a result, the exports attained the peak of 13 units, and then fell markedly in the following year.

In value terms, rafts; inflatable exports declined markedly to $81K in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 1,670%. As a result, the exports reached the peak of $153K, and then dropped dramatically in the following year.

Export of Rafts; Inflatable in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/AN/A71.00%
Canada10.33.896.24.5-24.1%
Malawi7.24.956.92.3-31.6%
OthersN/AN/AN/A3.10%
Total17.58.715380.966.6%

Top Export Markets for Rafts; Inflatable from Ethiopia in 2022:

  1. France (4.0 units)
  2. Canada (1.0 units)
  3. Malawi (1.0 units)

Source: IndexBox Market Intelligence Platform

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