Report Update: May 1, 2024

Ethiopia - Statuettes And Other Ornamental Articles Of Plastic - Market Analysis, Forecast, Size, Trends And Insights

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Plastic Ornamental Articles Price in Ethiopia - 2022

Plastic Ornamental Articles Price in Ethiopia (CIF) - 2022

The average plastic ornamental articles import price stood at $2,414 per ton in 2022, with an increase of 33% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 83% against the previous year. The import price peaked at $4,134 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2,368 per ton), while the price for Kenya amounted to $1,875 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.8%).

Plastic Ornamental Articles Price in Ethiopia (FOB) - 2022

The average plastic ornamental articles export price stood at $3,488 per ton in 2022, reducing by -46.8% against the previous year. Over the period under review, the export price continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2017 an increase of 90% against the previous year. The export price peaked at $8,140 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($6,670 per ton), while the average price for exports to Nepal ($400 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+89.7%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Ornamental Articles Imports in Ethiopia

In 2022, supplies from abroad of statuettes and other ornamental articles of plastic decreased by -55.1% to 59 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 121% against the previous year. As a result, imports attained the peak of 131 tons, and then dropped significantly in the following year.

In value terms, plastic ornamental articles imports declined rapidly to $142K in 2022. Over the period under review, imports, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2021 when imports increased by 115%. As a result, imports reached the peak of $238K, and then fell dramatically in the following year.

Import of Plastic Ornamental Articles in Ethiopia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	74.6	63.9	228	137	22.5%
Kenya	3.8	3.6	4.2	0.1	-70.3%
Others	36.9	43.3	5.6	4.1	-51.9%
Total	115	111	238	142	7.3%

Top Suppliers of Plastic Ornamental Articles to Ethiopia in 2022:

China (58.0 tons)
Kenya (0.1 tons)

Plastic Ornamental Articles Exports in Ethiopia

After three years of growth, overseas shipments of statuettes and other ornamental articles of plastic decreased by -1.7% to 733 kg in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 69%.

In value terms, plastic ornamental articles exports declined notably to $2.6K in 2022. In general, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 117% against the previous year. As a result, the exports reached the peak of $4.9K, and then shrank dramatically in the following year.

Export of Plastic Ornamental Articles in Ethiopia (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	N/A	N/A	N/A	1,841	0%
France	N/A	N/A	96.0	306	218.8%
Botswana	N/A	N/A	N/A	149	0%
Israel	N/A	N/A	N/A	138	0%
Nepal	N/A	N/A	N/A	104	0%
Kenya	N/A	N/A	20.0	19.0	-5.0%
Benin	N/A	537	489	N/A	-8.9%
Mozambique	890	N/A	3,575	N/A	100.4%
Germany	N/A	1,550	596	N/A	-61.5%
Ghana	202	N/A	N/A	N/A	0%
Others	620	169	118	N/A	-56.4%
Total	1,712	2,256	4,894	2,557	14.3%

Top Export Markets for Plastic Ornamental Articles from Ethiopia in 2022:

Italy (276.0 kg)
Nepal (260.0 kg)
France (105.0 kg)
Israel (46.0 kg)
Botswana (30.0 kg)
Kenya (16.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the plastic ornamental articles market 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 22292620 - Statuettes and other ornamental articles of plastic (including photograph, picture and similar frames)

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023