Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Ethiopia - 2022
Contents:
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Ethiopia (CIF) - 2022
- Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Ethiopia (FOB) - 2022
- Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Ethiopia
- Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Ethiopia
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Ethiopia (CIF) - 2022
The average import price for clocks; wall clocks, battery, accumulator or mains powereds stood at $7.1 per unit in 2022, rising by 5.6% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for clocks; wall clocks, battery, accumulator or mains powereds increased by +46.2% against 2017 indices. The growth pace was the most rapid in 2020 when the average import price increased by 21%. Over the period under review, average import prices reached the peak figure 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 South Korea ($7.2 per unit), while the price for China stood at $7.1 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Ethiopia (FOB) - 2022
In 2022, the average export price for clocks; wall clocks, battery, accumulator or mains powereds amounted to $5 per unit, with an increase of 11% against the previous year. Overall, the export price, however, faced a abrupt decline. The most prominent rate of growth was recorded in 2021 an increase of 125% against the previous year. The export price peaked at $33 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +12.8% per year.
Imports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Ethiopia
In 2022, overseas purchases of clocks; wall clocks, battery, accumulator or mains powereds decreased by -59.4% to 1K units, falling for the second consecutive year after two years of growth. Overall, imports showed a precipitous contraction. The pace of growth was the most pronounced in 2020 with an increase of 2.3%. As a result, imports attained the peak of 3.2K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of clocks; wall clocks, battery, accumulator or mains powereds shrank rapidly to $7.4K in 2022. In general, imports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 24%. As a result, imports reached the peak of $20K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.3 | 7.3 | 8.2 | 6.9 | 9.2% |
| South Korea | N/A | 0.1 | 0.1 | 0.5 | 123.6% |
| Germany | 4.1 | 3.6 | 5.5 | N/A | 15.8% |
| United States | 1.8 | 6.2 | N/A | N/A | 244.4% |
| France | 0.8 | 0.7 | 1.1 | N/A | 17.3% |
| South Africa | 1.6 | 1.4 | 2.2 | N/A | 17.3% |
| Australia | 2.0 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.2 | 0.2 | N/A | -18.4% |
| Total | 15.8 | 19.5 | 17.3 | 7.4 | -22.3% |
Top Suppliers of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered to Ethiopia in 2022:
- China (965.0 units)
- South Korea (76.0 units)
Exports of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Ethiopia
Exports of clocks; wall clocks, battery, accumulator or mains powereds from Ethiopia surged to 10 units in 2022, picking up by 67% compared with the year before. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 200%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of clocks; wall clocks, battery, accumulator or mains powereds surged to $50 in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 575% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Clocks; Wall Clocks, Battery, Accumulator or Mains Powered in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 50.0 | 0% |
| Cote d'Ivoire | N/A | N/A | 7.0 | N/A | 0% |
| Nigeria | N/A | N/A | 18.0 | N/A | 0% |
| Indonesia | N/A | 1.0 | N/A | N/A | 0% |
| Ghana | 6.0 | 3.0 | 2.0 | N/A | -42.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.0 | 4.0 | 27.0 | 50.0 | 102.7% |
Top Export Markets for Clocks; Wall Clocks, Battery, Accumulator or Mains Powered from Ethiopia in 2022:
- Italy (10.0 units)
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