Price for Compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion in Ethiopia - 2022

Contents:

  1. Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Ethiopia (CIF) - 2022
  2. Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Ethiopia

Price for Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Ethiopia (CIF) - 2022

In 2022, the average import price for compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion amounted to $2,292 per unit, which is down by -57.9% against the previous year. In general, the import price showed a abrupt decline. The most prominent rate of growth was recorded in 2015 an increase of 467%. The import price peaked at $12,464 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +13.3% per year.

Imports of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Ethiopia

In 2022, the amount of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion imported into Ethiopia shrank remarkably to 2 units, falling by -75% on 2021. Overall, imports saw a precipitous slump. The pace of growth appeared the most rapid in 2021 with an increase of 14%. Imports peaked at 24 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of compression-ignition internal combustion piston engines (diesel or semi-diesel engines) for marine propulsion reduced notably to $4.6K in 2022. In general, imports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 48%. Over the period under review, imports of hit record highs at $299K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.40.75.94.624.2%
Japan22.02.75.4N/A-50.5%
Austria71.717.521.7N/A-45.0%
India0.10.10.1N/A0.0%
United Arab Emirates18.71.00.3N/A-87.3%
Italy27.77.410.1N/A-39.6%
Others157N/AN/AN/A0%
Total29929.443.54.6-75.1%

Top Suppliers of Compression-Ignition Internal Combustion Piston Engines (Diesel or Semi-Diesel Engines) for Marine Propulsion to Ethiopia in 2022:

  1. China (2.0 units)

Source: IndexBox Market Intelligence Platform

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