Price for Floating or Submersible Drilling or Production Platforms in Ethiopia - 2022

Contents:

  1. Price for Floating or Submersible Drilling or Production Platforms in Ethiopia (CIF) - 2022
  2. Imports of Floating or Submersible Drilling or Production Platforms in Ethiopia

Price for Floating or Submersible Drilling or Production Platforms in Ethiopia (CIF) - 2022

In 2022, the average import price for floating or submersible drilling or production platformses amounted to $33,265 per unit, reducing by -20.3% against the previous year. In general, the import price, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2019 an increase of 2,434% against the previous year. The import price peaked at $41,753 per unit in 2021, and then fell rapidly in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +66.3% per year.

Imports of Floating or Submersible Drilling or Production Platforms in Ethiopia

In 2022, after two years of decline, there was significant decline in supplies from abroad of floating or submersible drilling or production platformses, when their volume decreased by -50% to 1 units. Over the period under review, imports recorded a significant decrease. Over the period under review, imports of reached the maximum at 4 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of floating or submersible drilling or production platformses contracted rapidly to $33K in 2022. In general, imports faced a dramatic contraction. Over the period under review, imports of reached the maximum at $101K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Floating or Submersible Drilling or Production Platforms in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China101N/A34.233.3-30.9%
MalaysiaN/AN/A49.3N/A0%
OthersN/AN/AN/AN/A0%
Total101N/A83.533.3-30.9%

Top Suppliers of Floating or Submersible Drilling or Production Platforms to Ethiopia in 2022:

  1. China (1.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Floating or submersible drilling or production platforms - Ethiopia