Price for Braids; in the Piece in Ethiopia - 2022

Contents:

  1. Price for Braids; in the Piece in Ethiopia (CIF) - 2022
  2. Price for Braids; in the Piece in Ethiopia (FOB) - 2022
  3. Imports of Braids; in the Piece in Ethiopia
  4. Exports of Braids; in the Piece in Ethiopia

Price for Braids; in the Piece in Ethiopia (CIF) - 2022

In 2022, the average braids; in the piece import price amounted to $3,339 per ton, declining by -52.4% against the previous year. Overall, the import price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 58% against the previous year. Over the period under review, average import prices reached the peak figure at $9,401 per ton in 2018; however, from 2019 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 Kenya amounted to +11.2% per year.

Price for Braids; in the Piece in Ethiopia (FOB) - 2022

In 2022, the average braids; in the piece export price amounted to $4,462 per ton, remaining stable against the previous year. Overall, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2020 a decrease of 99.9%. The export price peaked at $25,957 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2014 to 2022, the rate of growth in terms of prices for Cote d'Ivoire amounted to 0.0% per year.

Imports of Braids; in the Piece in Ethiopia

In 2022, braids; in the piece imports into Ethiopia reduced remarkably to 8 tons, waning by -73.5% against 2021 figures. Overall, imports recorded a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year.

In value terms, braids; in the piece imports shrank sharply to $27K in 2022. Over the period under review, imports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 49% against the previous year. As a result, imports attained the peak of $213K, and then dropped dramatically in the following year.

Import of Braids; in the Piece in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10511796.026.8-36.6%
United Arab Emirates3.911.0101N/A408.9%
Others18.015.216.3N/A-4.8%
Total12714321326.8-40.5%

Top Suppliers of Braids; in the Piece to Ethiopia in 2022:

  1. China (8.0 tons)

Exports of Braids; in the Piece in Ethiopia

In 2022, overseas shipments of braids; in the pieces decreased by 0% to 52 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the braids; in piece exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, braids; in the piece exports totaled $232 in 2022. In general, exports saw a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the braids; in piece exports reached the peak figure in 2022 and are likely to continue growth in the immediate term.

Export of Braids; in the Piece in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cote d'IvoireN/AN/AN/A2320%
Poland100N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total100N/AN/A23232.4%

Top Export Markets for Braids; in the Piece from Ethiopia in 2022:

  1. Cote d'Ivoire (52.0 kg)

Source: IndexBox Market Intelligence Platform

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