Ethiopia: Market for Vacuum Cleaners Without Motor 2024

Market Size for Vacuum Cleaners Without Motor in Ethiopia

The Ethiopian vacuum cleaner without motor market stood at $X in 2022, growing by 4.8% against the previous year. In general, consumption, however, showed a deep setback. Vacuum cleaner without motor consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Vacuum Cleaners Without Motor in Ethiopia

In value terms, vacuum cleaner without motor production rose significantly to $X in 2022 estimated in export price. In general, production, however, saw a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 29% against the previous year. Vacuum cleaner without motor production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Vacuum Cleaners Without Motor

Exports from Ethiopia

In 2022, after three years of growth, there was significant decline in overseas shipments of vacuum cleaners without motor, when their volume decreased by -25.3% to X units. In general, exports recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2014 when exports increased by 60% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, vacuum cleaner without motor exports dropped remarkably to $X in 2022. Over the period under review, exports continue to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2020 when exports increased by 575%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

South Africa (X units), Italy (X units) and Germany (X units) were the main destinations of vacuum cleaner without motor exports from Ethiopia, with a combined 32% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Africa (with a CAGR of +25.9%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Italy ($X) and Germany ($X) constituted the largest markets for vacuum cleaner without motor exported from Ethiopia worldwide, with a combined 46% share of total exports. Benin, China, South Korea, Madagascar, France, Bangladesh, Ghana, Austria, Cameroon and Zambia lagged somewhat behind, together accounting for a further 23%.

China, with a CAGR of +63.8%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average vacuum cleaner without motor export price amounted to $X per unit, falling by -2.1% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 491%. The export price peaked at $X per unit in 2021, and then dropped slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Zambia ($X 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 (+52.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vacuum Cleaners Without Motor

Imports into Ethiopia

In 2022, the amount of vacuum cleaners without motor imported into Ethiopia contracted dramatically to X units, which is down by -30.6% on the year before. In general, imports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2014 with an increase of 635% against the previous year. Imports peaked at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, vacuum cleaner without motor imports dropped dramatically to $X in 2022. Over the period under review, imports, however, continue to indicate prominent growth. The pace of growth appeared the most rapid in 2014 with an increase of 749%. Over the period under review, imports attained the maximum at $X in 2016; however, from 2017 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), the United States (X units) and Turkey (X units) were the main suppliers of vacuum cleaner without motor imports to Ethiopia, together accounting for 53% of total imports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +43.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest vacuum cleaner without motor suppliers to Ethiopia were China ($X), the United States ($X) and Turkey ($X), with a combined 54% share of total imports. The UK, Belgium, Hungary, Sweden, Saudi Arabia, the United Arab Emirates, Germany, France, Switzerland and India lagged somewhat behind, together accounting for a further 24%.

Among the main suppliers, the United Arab Emirates, with a CAGR of +65.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average vacuum cleaner without motor import price stood at $X per unit in 2022, picking up by 3.6% against the previous year. In general, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vacuum cleaner without motor import price decreased by -28.0% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 47%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+39.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform