Ethiopia: Lamp Holder Market 2024

Lamp Holder Market Size in Ethiopia

The Ethiopian lamp holder market stood at $X in 2022, growing by 4.8% against the previous year. Overall, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -4.4% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Lamp Holder Production in Ethiopia

In value terms, lamp holder production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 with an increase of 35% against the previous year. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Lamp Holder Exports

Exports from Ethiopia

Lamp holder exports from Ethiopia fell sharply to X tons in 2022, shrinking by -22.9% against 2021. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 2,328% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, lamp holder exports reduced remarkably to $X in 2022. Overall, exports, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of 1,076%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X tons) was the main destination for lamp holder exports from Ethiopia, accounting for a 3.6% share of total exports. Moreover, lamp holder exports to the United Arab Emirates exceeded the volume sent to the second major destination, France (X kg), threefold. The third position in this ranking was held by Kenya (X kg), with a 0.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+71.1% per year) and Kenya (+34.6% per year).

In value terms, Kenya ($X), India ($X) and the United Arab Emirates ($X) appeared to be the largest markets for lamp holder exported from Ethiopia worldwide, with a combined 27% share of total exports.

India, with a CAGR of +91.3%, saw 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 2021, the average lamp holder export price amounted to $X per ton, with a decrease of -6.9% against the previous year. Over the period under review, the export price saw a deep setback. The most prominent rate of growth was recorded in 2015 an increase of 65% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, 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 ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Tanzania (+45.6%), while the prices for the other major destinations experienced more modest paces of growth.

Lamp Holder Imports

Imports into Ethiopia

In 2022, approx. X tons of lamp holders, plugs and sockets were imported into Ethiopia; picking up by 38% compared with the previous year's figure. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2015 when imports increased by 155% against the previous year. Over the period under review, imports attained the maximum at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, lamp holder imports amounted to $X in 2022. Over the period under review, imports showed a strong expansion. The pace of growth appeared the most rapid in 2014 when imports increased by 106% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of lamp holder to Ethiopia, accounting for a 1.4% share of total imports. It was followed by Turkey (X tons), with less than 0.1% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China totaled +11.4%.

In value terms, China ($X) constituted the largest supplier of lamp holders, plugs and sockets to Ethiopia, comprising 86% of total imports. The second position in the ranking was held by Turkey ($X), with a 5.6% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +11.7%.

Import Prices by Country

The average lamp holder import price stood at $X per ton in 2021, increasing by 52% against the previous year. Over the period under review, the import price, however, saw a abrupt contraction. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Turkey ($X per ton), while the price for China totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+0.3%).

Source: IndexBox Platform

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