Ethiopia - Seals Of Vulcanised Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVulcanised Rubber Seal Price in Ethiopia - 2022
Contents:
- Vulcanised Rubber Seal Price in Ethiopia (CIF) - 2022
- Vulcanised Rubber Seal Price in Ethiopia (FOB) - 2022
- Vulcanised Rubber Seal Imports in Ethiopia
- Vulcanised Rubber Seal Exports in Ethiopia
Vulcanised Rubber Seal Price in Ethiopia (CIF) - 2022
The average vulcanised rubber seal import price stood at $9,748 per ton in 2022, declining by -31.1% against the previous year. Over the period under review, the import price saw a noticeable decline. The most prominent rate of growth was recorded in 2016 an increase of 44% against the previous year. Over the period under review, average import prices hit record highs at $22,104 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat 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 Japan ($57,902 per ton), while the price for Turkey ($4,167 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Vulcanised Rubber Seal Price in Ethiopia (FOB) - 2022
In 2022, the average vulcanised rubber seal export price amounted to $1,963 per ton, reducing by -94.8% against the previous year. Overall, the export price recorded a precipitous shrinkage. The pace of growth was the most pronounced in 2016 an increase of 257%. The export price peaked at $41,501 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($5,000 per ton), while the average price for exports to Bangladesh ($1,163 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 Zambia (-1.0%), while the prices for the other major destinations experienced a decline.
Vulcanised Rubber Seal Imports in Ethiopia
In 2022, imports of seals of vulcanised rubber into Ethiopia soared to 1.1K tons, rising by 440% against 2021 figures. Overall, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, vulcanised rubber seal imports surged to $11M in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Vulcanised Rubber Seal in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 621 | 1,287 | 660 | 3,159 | 72.0% |
| India | 392 | 268 | 474 | 1,271 | 48.0% |
| United States | 386 | 304 | 400 | 1,119 | 42.6% |
| Japan | 3.7 | 3.5 | N/A | 1,066 | 560.5% |
| Italy | 18.6 | 20.8 | 44.7 | 940 | 269.7% |
| Vietnam | N/A | N/A | N/A | 431 | 0% |
| Turkey | 85.2 | 44.1 | 89.5 | 169 | 25.6% |
| United Arab Emirates | 635 | 285 | 236 | 139 | -39.7% |
| Others | 2,448 | 1,880 | 1,035 | 2,635 | 2.5% |
| Total | 4,589 | 4,093 | 2,939 | 10,929 | 33.5% |
Top Suppliers of Vulcanised Rubber Seal to Ethiopia in 2022:
- China (724.1 tons)
- India (149.3 tons)
- Italy (50.7 tons)
- Vietnam (47.4 tons)
- Turkey (40.5 tons)
- United States (25.5 tons)
- Japan (18.4 tons)
- United Arab Emirates (6.7 tons)
Vulcanised Rubber Seal Exports in Ethiopia
In 2022, vulcanised rubber seal exports from Ethiopia surged to 615 kg, picking up by 138% against the previous year. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 857% against the previous year. As a result, the exports attained the peak of 2.2 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, vulcanised rubber seal exports shrank markedly to $1.2K in 2022. In general, exports, however, faced a dramatic contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 550%. As a result, the exports reached the peak of $32K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Vulcanised Rubber Seal in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | N/A | N/A | N/A | 0.6 | 0% |
| Netherlands | N/A | N/A | N/A | 0.4 | 0% |
| Kenya | N/A | N/A | 9.1 | 0.2 | -97.8% |
| Djibouti | 1.9 | N/A | N/A | N/A | 0% |
| Malaysia | N/A | 31.5 | N/A | N/A | 0% |
| Ghana | 2.7 | N/A | N/A | N/A | 0% |
| Others | 0.3 | N/A | 0.6 | N/A | 41.4% |
| Total | 4.9 | 31.5 | 9.7 | 1.2 | -37.4% |
Top Export Markets for Vulcanised Rubber Seal from Ethiopia in 2022:
- Bangladesh (510.0 kg)
- Netherlands (100.0 kg)
- Kenya (4.0 kg)
This report provides an in-depth analysis of the vulcanised rubber seal 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 22197323 - Seals, of vulcanised rubber
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.
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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
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