Electric Filament Lamp Price in Ethiopia - 2022

Contents:

  1. Electric Filament Lamp Price in Ethiopia (CIF) - 2022
  2. Electric Filament Lamp Price in Ethiopia (FOB) - 2022
  3. Electric Filament Lamp Imports in Ethiopia
  4. Electric Filament Lamp Exports in Ethiopia

Electric Filament Lamp Price in Ethiopia (CIF) - 2022

The average electric filament lamp import price stood at $0.3 per unit in 2022, rising by 4.3% against the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric filament lamp import price decreased by -20.7% against 2020 indices. The pace of growth was the most pronounced in 2020 an increase of 43% against the previous year. As a result, import price attained the peak level of $0.4 per unit. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($1.3 per unit), while the price for India ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Electric Filament Lamp Price in Ethiopia (FOB) - 2022

In 2022, the average electric filament lamp export price amounted to $0.2 per unit, reducing by -47% against the previous year. Overall, the export price faced a abrupt contraction. The most prominent rate of growth was recorded in 2020 an increase of 49% against the previous year. Over the period under review, the average export prices attained the maximum at $0.9 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($0.4 per unit), while the average price for exports to France ($0.1 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 China (+81.6%), while the prices for the other major destinations experienced a decline.

Electric Filament Lamp Imports in Ethiopia

In 2022, approx. 4.5M units of electric filament lamps were imported into Ethiopia; picking up by 64% against the previous year's figure. Over the period under review, imports continue to indicate a notable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electric filament lamp imports skyrocketed to $1.5M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Electric Filament Lamp in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29316836765430.7%
India78.030.131.821740.6%
Japan1581961271763.7%
South Africa93.156.015.316420.8%
Thailand15014340.691.5-15.2%
United States12.84.511.438.043.7%
Germany80.571.915.832.8-25.9%
Poland42.010.16.30.8-73.3%
Turkey27.812.124.50.5-73.8%
Others24330021790.7-28.0%
Total1,1799918571,4657.5%

Top Suppliers of Electric Filament Lamp to Ethiopia in 2022:

  1. China (1914.4K units)
  2. India (1832.1K units)
  3. Germany (150.2K units)
  4. South Africa (149.7K units)
  5. Japan (131.1K units)
  6. Thailand (79.9K units)
  7. United States (69.5K units)
  8. Poland (5.6K units)
  9. Turkey (2.4K units)

Electric Filament Lamp Exports in Ethiopia

In 2022, exports of electric filament lamps from Ethiopia reduced dramatically to 950 units, declining by -95.6% against the previous year's figure. Overall, exports showed a sharp downturn. The most prominent rate of growth was recorded in 2021 with an increase of 154% against the previous year. As a result, the exports reached the peak of 22K units, and then declined significantly in the following year.

In value terms, electric filament lamp exports reduced notably to $214 in 2022. Over the period under review, exports faced a sharp descent. The pace of growth appeared the most rapid in 2021 when exports increased by 185%. As a result, the exports attained the peak of $9.2K, and then contracted markedly in the following year.

Export of Electric Filament Lamp in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya1.01.018.0152433.7%
United States1.01.010.052.0273.3%
France2.01.010.010.071.0%
Nigeria2,7482,7592,691N/A-1.0%
Djibouti3964265,726N/A280.3%
Others18034.0719N/A99.9%
Total3,3283,2229,174214-59.9%

Top Export Markets for Electric Filament Lamp from Ethiopia in 2022:

  1. Kenya (407.0 units)
  2. United States (348.0 units)
  3. France (195.0 units)

Source: IndexBox Market Intelligence Platform

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