Ethiopia: Market for Tube Or Pipe Fittings (Of Iron Or Steel) 2025

Market Size for Tube Or Pipe Fittings (Of Iron Or Steel) in Ethiopia

The Ethiopian market for tube or pipe fittings (of iron or steel) skyrocketed to $X in 2022, growing by 35% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a measured increase. Iron or steel tube fitting consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Exports of Tube Or Pipe Fittings (Of Iron Or Steel)

Exports from Ethiopia

In 2022, after three years of growth, there was significant decline in shipments abroad of tube or pipe fittings (of iron or steel), when their volume decreased by -96.2% to X tons. In general, exports showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 1,872%. As a result, the exports reached the peak of X tons, and then dropped markedly in the following year.

In value terms, iron or steel tube fitting exports reduced sharply to $X in 2022. Over the period under review, exports showed a perceptible shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 233% against the previous year. As a result, the exports attained the peak of $X, and then reduced remarkably in the following year.

Exports by Country

The UK (X tons), the United Arab Emirates (X tons) and Tanzania (X kg) were the main destinations of iron or steel tube fitting exports from Ethiopia, with a combined 99% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +3.9%), while shipments for the other leaders experienced a decline.

In value terms, the United Arab Emirates ($X) remains the key foreign market for tube or pipe fittings (of iron or steel) exports from Ethiopia, comprising 95% of total exports. The second position in the ranking was taken by the UK ($X), with a 1.2% share of total exports.

From 2012 to 2022, the average annual growth rate of value to the United Arab Emirates stood at +4.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-21.8% per year) and Tanzania (-19.5% per year).

Export Prices by Country

In 2022, the average export price for tube or pipe fittings (of iron or steel) amounted to $X per ton, with an increase of 580% against the previous year. In general, the export price showed a noticeable expansion. Over the period under review, the average export prices hit record highs at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to the UK ($X 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 the United Arab Emirates (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tube Or Pipe Fittings (Of Iron Or Steel)

Imports into Ethiopia

In 2022, the amount of tube or pipe fittings (of iron or steel) imported into Ethiopia skyrocketed to X tons, with an increase of 22% against the previous year. Overall, imports continue to indicate a mild increase. The most prominent rate of growth was recorded in 2013 when imports increased by 114%. Imports peaked at X tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, iron or steel tube fitting imports surged to $X in 2022. In general, imports saw a notable increase. The pace of growth appeared the most rapid in 2013 when imports increased by 70%. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest iron or steel tube fitting supplier to Ethiopia, with a 67% share of total imports. Moreover, iron or steel tube fitting imports from China exceeded the figures recorded by the second-largest supplier, Saudi Arabia (X tons), eightfold. The third position in this ranking was taken by the United Arab Emirates (X tons), with a 3.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Saudi Arabia (+45.1% per year) and the United Arab Emirates (+20.0% per year).

In value terms, China ($X) constituted the largest supplier of tube or pipe fittings (of iron or steel) to Ethiopia, comprising 56% of total imports. The second position in the ranking was held by Italy ($X), with a 5.6% share of total imports. It was followed by the United Arab Emirates, with a 4.8% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +9.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-3.4% per year) and the United Arab Emirates (+27.1% per year).

Import Prices by Country

In 2022, the average import price for tube or pipe fittings (of iron or steel) amounted to $X per ton, waning by -5.2% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by 24% against the previous year. The import price peaked at $X per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Saudi Arabia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+10.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform