Way-Type Unit Head Price in Ethiopia - 2022
Contents:
Way-Type Unit Head Price in Ethiopia (CIF) - 2022
In 2022, the average way-type unit head import price amounted to $568 per unit, increasing by 185% against the previous year. Over the period under review, the import price, however, showed a abrupt curtailment. The import price peaked at $2,031 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($650 per unit), while the price for India ($105 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-5.3%), while the prices for the other major suppliers experienced a decline.
Way-Type Unit Head Imports in Ethiopia
In 2022, the amount of way-type unit heads for working metal imported into Ethiopia surged to 39 units, rising by 255% against 2021. 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, way-type unit head imports skyrocketed to $22K in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Way-Type Unit Head in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.1 | 0.1 | N/A | 21.5 | 499.1% |
| India | N/A | N/A | N/A | 0.4 | 0% |
| United Kingdom | N/A | N/A | N/A | 0.3 | 0% |
| Germany | 0.9 | 0.9 | 0.2 | N/A | -52.9% |
| Sweden | 0.9 | 1.0 | 0.3 | N/A | -42.3% |
| Japan | 0.4 | 0.3 | 0.1 | N/A | -50.0% |
| South Africa | 2.1 | 2.1 | 0.6 | N/A | -46.5% |
| Italy | N/A | N/A | N/A | N/A | 0% |
| Netherlands | N/A | N/A | N/A | N/A | 0% |
| United States | 2.8 | 2.8 | 0.8 | N/A | -46.5% |
| Turkey | 0.9 | 0.8 | 0.2 | N/A | -52.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.9 | 8.1 | 2.2 | 22.2 | 41.1% |
Top Suppliers of Way-Type Unit Head to Ethiopia in 2022:
- China (33.0 units)
- India (4.0 units)
- United Kingdom (2.0 units)
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