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Ethiopia - Safes, Strongboxes And Doors Of Base Metal - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSafes and Strongboxes Price in Ethiopia - 2022
Contents:
- Safes and Strongboxes Price in Ethiopia (CIF) - 2022
- Safes and Strongboxes Price in Ethiopia (FOB) - 2022
- Safes and Strongboxes Imports in Ethiopia
- Safes and Strongboxes Exports in Ethiopia
Safes and Strongboxes Price in Ethiopia (CIF) - 2022
In 2022, the average safes and strongboxes import price amounted to $2,313 per ton, surging by 8.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2018 when the average import price increased by 23%. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($3,591 per ton), while the price for Malaysia ($1,630 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Safes and Strongboxes Price in Ethiopia (FOB) - 2022
The average safes and strongboxes export price stood at $6,773 per ton in 2022, picking up by 573% against the previous year. Over the period under review, the export price, however, showed a pronounced decrease. Over the period under review, the average export prices hit record highs at $10,852 per ton 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($24,497 per ton), while the average price for exports to Kenya ($280 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+28.5%), while the prices for the other major destinations experienced more modest paces of growth.
Safes and Strongboxes Imports in Ethiopia
Safes and strongboxes imports into Ethiopia surged to 2.6K tons in 2022, growing by 38% on 2021 figures. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +6.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, safes and strongboxes imports surged to $6M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.1% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Safes and Strongboxes in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 1,076 | 1,760 | 1,446 | 2,206 | 27.0% |
South Korea | 1,703 | 845 | 1,367 | 1,864 | 3.1% |
China | 345 | 486 | 616 | 1,621 | 67.5% |
Malaysia | 156 | N/A | 65.0 | 81.4 | -19.5% |
Indonesia | 177 | 124 | 388 | 23.9 | -48.7% |
Others | 145 | 146 | 109 | 155 | 2.2% |
Total | 3,602 | 3,360 | 3,991 | 5,951 | 18.2% |
Top Suppliers of Safes and Strongboxes to Ethiopia in 2022:
- India (1089.2 tons)
- South Korea (924.4 tons)
- China (451.4 tons)
- Malaysia (49.9 tons)
- Indonesia (10.1 tons)
Safes and Strongboxes Exports in Ethiopia
In 2022, the amount of safes, strongboxes and doors of base metal exported from Ethiopia reduced rapidly to 928 kg, which is down by -40.8% against the previous year. In general, exports, however, recorded noticeable growth. The pace of growth appeared the most rapid in 2021 when exports increased by 235%. As a result, the exports reached the peak of 1.6 tons, and then fell notably in the following year.
In value terms, safes and strongboxes exports skyrocketed to $6.3K in 2022. Over the period under review, exports, however, recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Safes and Strongboxes in Ethiopia (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 104 | 311 | N/A | 4,385 | 248.1% |
Mali | N/A | N/A | N/A | 153 | 0% |
Netherlands | 145 | 27.0 | 154 | 102 | -11.1% |
Turkey | N/A | N/A | N/A | 101 | 0% |
Namibia | N/A | N/A | N/A | 101 | 0% |
Rwanda | N/A | N/A | 277 | 73.0 | -73.6% |
United Arab Emirates | N/A | N/A | N/A | 63.0 | 0% |
Kenya | N/A | N/A | 62.0 | 35.0 | -43.5% |
Spain | 25.0 | N/A | N/A | N/A | 0% |
Fiji | 49.0 | N/A | N/A | N/A | 0% |
Germany | N/A | N/A | 531 | N/A | 0% |
India | 62.0 | N/A | 249 | N/A | 100.4% |
Saudi Arabia | N/A | 123 | N/A | N/A | 0% |
Others | 837 | 288 | 305 | 1,272 | 15.0% |
Total | 1,222 | 749 | 1,578 | 6,285 | 72.6% |
Top Export Markets for Safes and Strongboxes from Ethiopia in 2022:
- United States (179.0 kg)
- United Arab Emirates (161.0 kg)
- Kenya (125.0 kg)
- Rwanda (100.0 kg)
- Namibia (78.0 kg)
- Netherlands (76.0 kg)
- Mali (50.0 kg)
- Turkey (49.0 kg)
This report provides an in-depth analysis of the safes and strongboxes market in Ethiopia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25992120 - Armoured or reinforced safes, strongboxes and doors and safe deposit lockers for strongrooms, of base metal
- Prodcom 25992170 - Base metal cash or deed boxes and the like
Country coverage:
- Ethiopia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ethiopia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the safes and strongboxes market in Ethiopia.
This report provides an in-depth analysis of the global safes and strongboxes market.
This report provides an in-depth analysis of the safes and strongboxes market in Ethiopia.
This report provides an in-depth analysis of the global safes and strongboxes market.
In value terms, armoured and reinforced safes, strong-boxes imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern rema...
In value terms, armoured and reinforced safes, strong-boxes imports totaled $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern rema...