Multiple Loudspeakers Price in Ethiopia - 2022

Contents:

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

Multiple Loudspeakers Price in Ethiopia (CIF) - 2022

In 2022, the average multiple loudspeakers import price amounted to $79 per unit, standing approx. at the previous year. Over the period under review, the import price recorded a modest increase. The most prominent rate of growth was recorded in 2015 an increase of 98%. Over the period under review, average import prices hit record highs at $157 per unit in 2016; however, from 2017 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 Italy ($93 per unit), while the price for the United Arab Emirates ($48 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Multiple Loudspeakers Price in Ethiopia (FOB) - 2022

In 2022, the average multiple loudspeakers export price amounted to $112 per unit, growing by 211% against the previous year. In general, the export price recorded a moderate increase. The growth pace was the most rapid in 2019 when the average export price increased by 229% against the previous year. Over the period under review, the average export prices reached the peak figure at $155 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($179 per unit), while the average price for exports to Mali ($20 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 Cameroon (+1,616.7%), while the prices for the other major destinations experienced more modest paces of growth.

Multiple Loudspeakers Imports in Ethiopia

In 2022, the amount of multiple loudspeakers (in enclosure) imported into Ethiopia skyrocketed to 67K units, increasing by 276% compared with 2021 figures. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, multiple loudspeakers imports skyrocketed to $5.3M in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Multiple Loudspeakers in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7698911,1355,10287.9%
United States19.99.99.051.036.8%
United Arab Emirates71.725.51083.3-64.2%
Others11378.31421458.7%
Total9741,0051,3945,30175.9%

Top Suppliers of Multiple Loudspeakers to Ethiopia in 2022:

  1. China (64.0K units)
  2. United States (1.0K units)
  3. United Arab Emirates (0.1K units)

Multiple Loudspeakers Exports in Ethiopia

In 2022, shipments abroad of multiple loudspeakers (in enclosure) decreased by -22.7% to 17 units, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a deep slump. The pace of growth was the most pronounced in 2020 when exports increased by 16% against the previous year. As a result, the exports reached the peak of 29 units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, multiple loudspeakers exports skyrocketed to $1.9K in 2022. Overall, exports saw a abrupt shrinkage. The exports peaked at $3.4K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Multiple Loudspeakers in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy71.011168.0716116.0%
VietnamN/AN/AN/A1750%
Belgium29.038.020.015474.5%
DenmarkN/A494N/A151-44.7%
South Africa92.091.033.014917.4%
NamibiaN/AN/AN/A1330%
CameroonN/AN/A6.01031616.7%
Mozambique19.020.08.075.058.0%
TurkeyN/AN/AN/A66.00%
Kenya25.028.013.056.030.8%
Egypt29.026.09.031.02.2%
GuineaN/AN/AN/A30.00%
MaliN/AN/AN/A20.00%
Others3,0962,17363649.0-74.9%
Total3,3612,9817931,908-17.2%

Top Export Markets for Multiple Loudspeakers from Ethiopia in 2022:

  1. Italy (4.0 units)
  2. Turkey (1.0 units)
  3. Kenya (1.0 units)
  4. South Africa (1.0 units)
  5. Egypt (1.0 units)
  6. Guinea (1.0 units)
  7. Vietnam (1.0 units)
  8. Namibia (1.0 units)
  9. Mali (1.0 units)
  10. Belgium (1.0 units)
  11. Mozambique (1.0 units)
  12. Cameroon (1.0 units)
  13. Denmark (1.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Multiple Loudspeakers (In Enclosure) - Ethiopia