Lamps; Arc-Lamps Price in Ethiopia - 2022
Contents:
Lamps; Arc-Lamps Price in Ethiopia (CIF) - 2022
In 2022, the average lamps; arc-lamps import price amounted to $80 per unit, increasing by 19% against the previous year. Overall, the import price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by 86% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($75 per unit), while the price for Japan stood at $68 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Lamps; Arc-Lamps Imports in Ethiopia
In 2022, supplies from abroad of lamps; arc-lampses decreased by -61.7% to 77 units, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a significant decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 102%. As a result, imports attained the peak of 309 units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, lamps; arc-lamps imports shrank remarkably to $6.1K in 2022. Overall, imports recorded a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 98%. As a result, imports attained the peak of $22K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Lamps; Arc-Lamps in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 0.2 | 0.3 | 0.5 | 5.1 | 194.3% |
| China | N/A | 4.7 | 3.6 | 0.1 | -85.4% |
| United Kingdom | 0.7 | N/A | 0.5 | N/A | -15.5% |
| France | 0.9 | 0.9 | 0.7 | N/A | -11.8% |
| Poland | 0.3 | 1.7 | 1.8 | N/A | 144.9% |
| Denmark | 1.9 | N/A | N/A | N/A | 0% |
| South Africa | 0.8 | N/A | N/A | N/A | 0% |
| Czech Republic | N/A | 4.4 | 1.2 | N/A | -72.7% |
| Turkey | 0.8 | 0.3 | 0.2 | N/A | -50.0% |
| Others | 5.3 | 9.2 | 5.0 | 1.0 | -42.6% |
| Total | 10.9 | 21.5 | 13.5 | 6.1 | -17.6% |
Top Suppliers of Lamps; Arc-Lamps to Ethiopia in 2022:
- Japan (74.0 units)
- China (1.0 units)
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