Radio Navigation Apparatus Price in Ethiopia - 2022

Contents:

  1. Radio Navigation Apparatus Price in Ethiopia (CIF) - 2022
  2. Radio Navigation Apparatus Price in Ethiopia (FOB) - 2022
  3. Radio Navigation Apparatus Imports in Ethiopia
  4. Radio Navigation Apparatus Exports in Ethiopia

Radio Navigation Apparatus Price in Ethiopia (CIF) - 2022

In 2022, the average radio navigation apparatus import price amounted to $38 per unit, reducing by -74.6% against the previous year. Over the period under review, the import price faced a abrupt curtailment. The pace of growth appeared the most rapid in 2018 an increase of 49% against the previous year. Over the period under review, average import prices reached the peak figure at $338 per unit in 2013; however, from 2014 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 China ($575 per unit), while the price for India ($156 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Radio Navigation Apparatus Price in Ethiopia (FOB) - 2022

In 2021, the average radio navigation apparatus export price amounted to $122 per unit, picking up by 95% against the previous year. Overall, the export price, however, faced a abrupt downturn. Over the period under review, the average export prices reached the maximum at $724 per unit in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Australia ($186 per unit), while the average price for exports to China ($4 per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+6.8%), while the prices for the other major destinations experienced mixed trend patterns.

Radio Navigation Apparatus Imports in Ethiopia

In 2022, overseas purchases of radio navigational aid apparatus decreased by -36.8% to 23K units for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. As a result, imports reached the peak of 37K units, and then contracted sharply in the following year.

In value terms, radio navigation apparatus imports declined rapidly to $888K in 2022. Over the period under review, imports recorded a dramatic shrinkage. The growth pace was the most rapid in 2021 with an increase of 3.2%. Imports peaked at $7.4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Radio Navigation Apparatus in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,730924133218-49.9%
China7217691,209182-36.8%
France14.436.971.3137111.9%
Turkey12.853.7125120110.9%
Lithuania93.076.592.479.8-5.0%
India6.312.162.864.7117.4%
MexicoN/A14083.620.5-61.7%
Taiwan (Chinese)95.115511519.9-40.6%
Israel64.674.587.54.4-59.2%
Japan93.452.824.6N/A-48.7%
Singapore93.6440147N/A25.3%
Ukraine417339326N/A-11.6%
Others4,0272,2833,05241.5-78.2%
Total7,3695,3585,530888-50.6%

Top Suppliers of Radio Navigation Apparatus to Ethiopia in 2022:

  1. Turkey (0.6K units)
  2. France (0.5K units)
  3. India (0.4K units)
  4. Lithuania (0.3K units)
  5. China (0.3K units)
  6. Taiwan (Chinese) (0.1K units)
  7. Mexico (0.1K units)

Radio Navigation Apparatus Exports in Ethiopia

Radio navigation apparatus exports from Ethiopia surged to 46 units in 2022, with an increase of 44% compared with 2021 figures. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.3% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, radio navigation apparatus exports skyrocketed to $12K in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Radio Navigation Apparatus in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'Ivoire92.014516.0N/A-58.3%
China30.025.04.0N/A-63.5%
Germany18.023.06.0N/A-42.3%
United Kingdom534797335N/A-20.8%
France296954611N/A43.7%
Central African RepublicN/AN/A15.0N/A0%
Italy32630256.0N/A-58.6%
AustraliaN/AN/A2,796N/A0%
OthersN/AN/A61.011,74319150.8%
Total1,2962,2463,90011,743108.5%

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    Source: IndexBox Market Intelligence Platform

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