Wooden Door Price in Ethiopia - 2022

Contents:

1. Wooden Door Price in Ethiopia (CIF) - 2022
2. Wooden Door Price in Ethiopia (FOB) - 2022
3. Wooden Door Imports in Ethiopia
4. Wooden Door Exports in Ethiopia

Wooden Door Price in Ethiopia (CIF) - 2022

The average wooden door import price stood at $59 per unit in 2022, dropping by -4.7% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wooden door import price increased by +56.1% against 2017 indices. The pace of growth was the most pronounced in 2021 an increase of 21% against the previous year. As a result, import price reached the peak level of $62 per unit, and then reduced modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($18 per unit), while the price for Switzerland ($0.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Wooden Door Price in Ethiopia (FOB) - 2022

The average wooden door export price stood at $21 per unit in 2022, dropping by -13.3% against the previous year. Over the period under review, the export price, however, enjoyed strong growth. The growth pace was the most rapid in 2015 an increase of 157%. As a result, the export price reached the peak level of $39 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +31.8% per year.

Wooden Door Imports in Ethiopia

In 2022, the amount of doors and their frames and thresholds of wood imported into Ethiopia fell dramatically to 34K units, waning by -31.2% compared with 2021 figures. Over the period under review, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 166% against the previous year. As a result, imports reached the peak of 50K units, and then reduced rapidly in the following year.

In value terms, wooden door imports fell rapidly to $2M in 2022. In general, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 221%. As a result, imports reached the peak of $3.1M, and then fell remarkably in the following year.

Top Suppliers of Wooden Door to Ethiopia in 2022:

1. China (322.8K units)
2. Switzerland (101.4K units)
3. Indonesia (17.4K units)
4. Turkey (15.6K units)
5. Italy (15.6K units)
6. United States (11.8K units)
7. United Arab Emirates (9.9K units)

Wooden Door Exports in Ethiopia

In 2022, after three years of growth, there was decline in shipments abroad of doors and their frames and thresholds of wood, when their volume decreased by 0% to 26 units. The total export volume increased at an average annual rate of +2.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 4.2% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, wooden door exports contracted to $552 in 2022. The total export value increased at an average annual rate of +2.5% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 36%. As a result, the exports attained the peak of $637, and then fell in the following year.

Top Export Markets for Wooden Door from Ethiopia in 2022:

1. Germany (382.0 units)

Source: IndexBox Market Intelligence Platform