Price for Milking Machines and Dairy Machinery in Ethiopia - 2022
Contents:
- Price for Milking Machines and Dairy Machinery in Ethiopia (CIF) - 2022
- Imports of Milking Machines and Dairy Machinery in Ethiopia
Price for Milking Machines and Dairy Machinery in Ethiopia (CIF) - 2022
The average import price for milking machines and dairy machineries stood at $3,369 per unit in 2022, increasing by 21% against the previous year. Overall, the import price, however, recorded a slight setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 61% against the previous year. The import price peaked at $4,349 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($4,959 per unit), while the price for Italy ($1,343 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Milking Machines and Dairy Machinery in Ethiopia
In 2022, purchases abroad of milking machines and dairy machineries decreased by -42.4% to 562 units, falling for the second consecutive year after two years of growth. Overall, imports saw a dramatic decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 28% against the previous year. As a result, imports attained the peak of 1.5K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, milking machines and dairy machinery imports declined remarkably to $1.9M in 2022. Over the period under review, imports recorded a dramatic decline. The growth pace was the most rapid in 2020 with an increase of 10% against the previous year. As a result, imports attained the peak of $5.7M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Milking Machines and Dairy Machinery in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 92.7 | 1,073 | 454 | 704 | 96.6% |
| Turkey | 358 | 226 | 526 | 631 | 20.8% |
| China | 558 | 588 | 106 | 389 | -11.3% |
| India | 471 | 618 | 197 | 118 | -37.0% |
| Bulgaria | 718 | 602 | 1.5 | 21.3 | -69.0% |
| Italy | 1,943 | 911 | 459 | 1.3 | -91.3% |
| Spain | N/A | 172 | N/A | N/A | 0% |
| Germany | 121 | 242 | 124 | N/A | 1.2% |
| Egypt | 173 | 418 | 382 | N/A | 48.6% |
| Israel | 520 | 452 | 303 | N/A | -23.7% |
| Others | 159 | 350 | 160 | 28.8 | -43.4% |
| Total | 5,115 | 5,651 | 2,713 | 1,893 | -28.2% |
Top Suppliers of Milking Machines and Dairy Machinery to Ethiopia in 2022:
- Turkey (237.0 units)
- Netherlands (142.0 units)
- China (133.0 units)
- India (39.0 units)
- Bulgaria (8.0 units)
- Italy (1.0 units)
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This report provides an in-depth analysis of the global dairy machinery market.
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This report provides an in-depth analysis of the milking machine market in Ethiopia.
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This report provides an in-depth analysis of the dairy machinery market in Ethiopia.
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This report provides an in-depth analysis of the global milking machine market.
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This report provides an in-depth analysis of the global dairy machinery market.
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