Ethiopia - Electric Accumulators - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAccumulator Price in Ethiopia - 2022
Contents:
- Accumulator Price in Ethiopia (CIF) - 2022
- Accumulator Price in Ethiopia (FOB) - 2022
- Accumulator Imports in Ethiopia
- Accumulator Exports in Ethiopia
Accumulator Price in Ethiopia (CIF) - 2022
The average accumulator import price stood at $27 per unit in 2022, picking up by 13% against the previous year. Overall, the import price recorded a modest increase. The pace of growth appeared the most rapid in 2015 when the average import price increased by 60% against the previous year. The import price peaked at $30 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($57 per unit), while the price for Hong Kong SAR ($3.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Accumulator Price in Ethiopia (FOB) - 2022
In 2022, the average accumulator export price amounted to $2.3 per unit, with a decrease of -97.8% against the previous year. In general, the export price faced a sharp contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 26% against the previous year. The export price peaked at $1,310 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malawi ($80 per unit), while the average price for exports to Kenya ($6 per unit) 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 (+7.6%), while the prices for the other major destinations experienced a decline.
Accumulator Imports in Ethiopia
In 2022, supplies from abroad of electric accumulators increased by 40% to 1.7M units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt slump. Imports peaked at 2.7M units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, accumulator imports skyrocketed to $45M in 2022. Over the period under review, imports, however, recorded a abrupt shrinkage. Over the period under review, imports attained the maximum at $58M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Accumulator in Ethiopia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 25.2 | 18.2 | 11.8 | 27.5 | 3.0% |
| South Korea | 4.0 | 3.6 | 1.9 | 5.5 | 11.2% |
| Indonesia | 8.1 | 4.9 | 1.4 | 3.2 | -26.6% |
| Thailand | 5.2 | 2.9 | 2.5 | 1.7 | -31.1% |
| Kenya | 0.6 | 0.5 | 0.5 | 1.6 | 38.7% |
| United States | 0.6 | 0.5 | 0.2 | 1.2 | 26.0% |
| Turkey | 0.2 | 0.6 | 0.2 | 0.8 | 58.7% |
| Italy | 0.3 | 0.4 | 0.4 | 0.3 | 0.0% |
| United Arab Emirates | 5.3 | 2.1 | 1.4 | 0.1 | -73.4% |
| Sweden | 0.1 | N/A | N/A | N/A | 0% |
| Mexico | N/A | N/A | 0.6 | N/A | 0% |
| Others | 8.3 | 6.9 | 7.7 | 3.6 | -24.3% |
| Total | 57.9 | 40.6 | 28.7 | 45.5 | -7.7% |
Top Suppliers of Accumulator to Ethiopia in 2022:
- China (921.0K units)
- United States (244.6K units)
- South Korea (99.2K units)
- Indonesia (56.2K units)
- Turkey (42.9K units)
- Thailand (32.1K units)
- Kenya (28.6K units)
- Italy (24.8K units)
- United Arab Emirates (2.6K units)
- Sweden (0.5K units)
Accumulator Exports in Ethiopia
In 2022, exports of electric accumulators from Ethiopia declined remarkably to 426 units, dropping by -49.7% against the previous year. In general, exports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 with an increase of 285% against the previous year. Over the period under review, the exports attained the peak figure at 1.1K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, accumulator exports declined notably to $965 in 2022. Overall, exports recorded a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 278%. Over the period under review, the exports hit record highs at $114K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Accumulator in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malawi | 93.9 | 8.1 | 73.7 | 0.6 | -81.4% |
| United States | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Mozambique | 1.6 | 1.2 | 1.5 | N/A | -3.2% |
| China | 3.7 | 0.1 | N/A | N/A | -97.3% |
| France | 3.9 | 1.4 | 0.4 | N/A | -68.0% |
| Kenya | 1.9 | 1.8 | 3.1 | N/A | 27.7% |
| Angola | 4.3 | 1.1 | 1.0 | N/A | -51.8% |
| Netherlands | 2.4 | 0.1 | N/A | N/A | -95.8% |
| Canada | N/A | 7.7 | N/A | N/A | 0% |
| Others | 2.2 | 1.1 | 5.6 | N/A | 59.5% |
| Total | 114 | 22.6 | 85.6 | 1.0 | -79.4% |
Top Export Markets for Accumulator from Ethiopia in 2022:
- Malawi (8.0 units)
- United States (4.0 units)
- Kenya (1.0 units)
- Netherlands (1.0 units)
This report provides an in-depth analysis of the accumulator 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 27202100 - Lead-acid accumulators for starting piston engines
- Prodcom 27202210 -
- Prodcom 27202250 -
- Prodcom 27202300 - Nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer, nickel-iron and other electric accumulators
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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