Ethiopia - Clocks - Market Analysis, Forecast, Size, Trends and Insights
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View PricingEthiopia: Market for Instrument Panel And Wall Clocks 2024
Market Size for Instrument Panel And Wall Clocks in Ethiopia
In 2020, the Ethiopian market for instrument panel and wall clocks increased by X% to $X, rising for the second year in a row after two years of decline. Overall, consumption saw a resilient expansion. As a result, consumption reached the peak level of $X. From 2017 to 2020, the growth of the market failed to regain momentum.
Production of Instrument Panel And Wall Clocks in Ethiopia
In value terms, instrument panel and wall clock production reduced to $X in 2020 estimated in export price. Over the period under review, production continues to indicate a mild slump. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Instrument panel and wall clock production peaked at $X in 2015; however, from 2016 to 2020, production stood at a somewhat lower figure.
Exports of Instrument Panel And Wall Clocks
Exports from Ethiopia
In 2020, the amount of instrument panel and wall clocks exported from Ethiopia skyrocketed to X units, jumping by X% against the previous year. In general, exports saw resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, instrument panel and wall clock exports amounted to $X in 2020. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. The exports peaked in 2020 and are expected to retain growth in the immediate term.
Exports by Country
France (X units) was the main destination for instrument panel and wall clock exports from Ethiopia, accounting for a X% share of total exports. Moreover, instrument panel and wall clock exports to France exceeded the volume sent to the second major destination, Germany (X units), fourfold. Indonesia (X units) ranked third in terms of total exports with a X% share.
From 2012 to 2020, the average annual rate of growth in terms of volume to France stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Indonesia (X% per year).
In value terms, France ($X) remains the key foreign market for instrument panel and wall clocks exports from Ethiopia, comprising X% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a X% share of total exports. It was followed by the United States, with a X% share.
From 2012 to 2020, the average annual growth rate of value to France totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and the United States (X% per year).
Export Prices by Country
In 2020, the average export price for instrument panel and wall clocks amounted to $X per unit, shrinking by X% against the previous year. In general, the export price, however, showed significant growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2019, and then reduced rapidly in the following year.
There were significant differences in the average prices for the major external markets. In 2020, amid the top suppliers, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to Indonesia (less than $X per unit) was amongst the lowest.
From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Instrument Panel And Wall Clocks
Imports into Ethiopia
In 2020, overseas purchases of instrument panel and wall clocks increased by X% to X units, rising for the second year in a row after two years of decline. Overall, imports posted a prominent increase. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2020, imports failed to regain momentum.
In value terms, instrument panel and wall clock imports totaled $X in 2020. Over the period under review, imports saw a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2020, the growth of imports remained at a somewhat lower figure.
Imports by Country
In 2020, China (X units) was the main supplier of instrument panel and wall clock to Ethiopia, with a approx. X% share of total imports.
From 2012 to 2020, the average annual rate of growth in terms of volume from China stood at X%.
In value terms, China ($X) constituted the largest supplier of instrument panel and wall clocks to Ethiopia.
From 2012 to 2020, the average annual rate of growth in terms of value from China totaled X%.
Import Prices by Country
The average import price for instrument panel and wall clocks stood at $X per unit in 2020, shrinking by X% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2020: its price increased at an average annual rate of X% over the last eight years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, instrument panel and wall clock import price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit, and then shrank in the following year.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2020, the rate of growth in terms of prices for China amounted to X% per year.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for instrument panel and wall clock in Ethiopia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26521300 - Instrument panel clocks and clocks of a similar type for vehicles, aircraft, spacecraft or vessels (including vehicle chronographs)
- Prodcom 26521400 - Clocks with watch movements, alarm clocks and wall clocks, o ther clocks
Country coverage:
- Ethiopia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ethiopia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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