Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ethiopia - 2022
Contents:
- Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ethiopia (CIF) - 2022
- Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ethiopia (FOB) - 2022
- Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ethiopia
- Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ethiopia
Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ethiopia (CIF) - 2022
In 2022, the average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $2,605 per ton, approximately reflecting the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 23%. As a result, import price reached the peak level of $2,672 per ton. From 2019 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($3,839 per ton), while the price for Austria ($1,164 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ethiopia (FOB) - 2022
In 2022, the average export price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $641 per ton, approximately reflecting the previous year. In general, the export price, however, faced a significant contraction. The export price peaked at $2,939 per ton in 2019; however, from 2020 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 the Netherlands.
From 2019 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.
Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ethiopia
For the fourth year in a row, Ethiopia recorded growth in supplies from abroad of artificial staple fibres, not carded, combed or otherwise processed for spinning, which increased by 3.1% to 26 tons in 2022. The total import volume increased at an average annual rate of +2.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning expanded to $67K in 2022. The total import value increased at an average annual rate of +1.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 56.2 | 57.9 | 59.5 | 59.3 | 1.8% |
| India | 6.4 | 5.9 | 5.5 | 4.9 | -8.5% |
| China | N/A | 0.1 | N/A | 2.6 | 409.9% |
| Austria | 2.1 | 1.5 | 1.1 | 0.8 | -27.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 64.8 | 65.5 | 66.1 | 67.5 | 1.4% |
Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Ethiopia in 2022:
- Thailand (23.2 tons)
- India (1.3 tons)
- China (0.8 tons)
- Austria (0.6 tons)
Exports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ethiopia
In 2022, after two years of decline, there was significant decline in shipments abroad of artificial staple fibres, not carded, combed or otherwise processed for spinning, when their volume decreased by -25% to 33 tons. Over the period under review, exports, however, recorded a significant expansion.
In value terms, exports of artificial staple fibres, not carded, combed or otherwise processed for spinning dropped notably to $21K in 2022. Overall, exports, however, posted significant growth.
| Export of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 20.9 | 0% |
| Kenya | N/A | N/A | 27.8 | N/A | 0% |
| Others | 0.4 | N/A | N/A | N/A | 0% |
| Total | 0.4 | N/A | 27.8 | 20.9 | 273.8% |
Top Export Markets for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning from Ethiopia in 2022:
- Netherlands (32.6 tons)
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