Price for Embroidery; in the Piece, in Strips or in Motifs in Ethiopia - 2022

Contents:

  1. Price for Embroidery; in the Piece, in Strips or in Motifs in Ethiopia (CIF) - 2022
  2. Price for Embroidery; in the Piece, in Strips or in Motifs in Ethiopia (FOB) - 2022
  3. Imports of Embroidery; in the Piece, in Strips or in Motifs in Ethiopia
  4. Exports of Embroidery; in the Piece, in Strips or in Motifs in Ethiopia

Price for Embroidery; in the Piece, in Strips or in Motifs in Ethiopia (CIF) - 2022

The average import price for embroidery; in the piece, in strips or in motifses stood at $4,423 per ton in 2022, dropping by -37.5% against the previous year. Overall, the import price recorded a noticeable contraction. The most prominent rate of growth was recorded in 2018 an increase of 55% against the previous year. Over the period under review, average import prices attained the maximum at $9,746 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($4,585 per ton), while the price for India stood at $3,884 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+7.9%).

Price for Embroidery; in the Piece, in Strips or in Motifs in Ethiopia (FOB) - 2022

In 2022, the average export price for embroidery; in the piece, in strips or in motifses amounted to $3,421 per ton, with a decrease of -95.5% against the previous year. Overall, the export price showed a deep reduction. The pace of growth was the most pronounced in 2020 an increase of 625%. The export price peaked at $75,527 per ton in 2021, and then dropped sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for Israel.

From 2013 to 2022, the rate of growth in terms of prices for Ghana amounted to +12.8% per year.

Imports of Embroidery; in the Piece, in Strips or in Motifs in Ethiopia

In 2022, imports of embroidery; in the piece, in strips or in motifses into Ethiopia skyrocketed to 243 tons, surging by 278% against the previous year's figure. Over the period under review, imports, however, recorded a mild contraction.

In value terms, imports of embroidery; in the piece, in strips or in motifses surged to $1.1M in 2022. In general, imports, however, saw a sharp curtailment.

Import of Embroidery; in the Piece, in Strips or in Motifs in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,5931,300360857-18.7%
IndiaN/AN/AN/A2190%
Thailand48.773344.2N/A-4.7%
South Africa475190N/AN/A-60.0%
Others37442551.20.1-93.6%
Total2,4912,6494551,076-24.4%

Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Ethiopia in 2022:

  1. China (186.8 tons)
  2. India (56.4 tons)

Exports of Embroidery; in the Piece, in Strips or in Motifs in Ethiopia

Exports of embroidery; in the piece, in strips or in motifses from Ethiopia soared to 290 kg in 2022, rising by 212% compared with the previous year. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 527% against the previous year. Over the period under review, the exports of embroidery; in piece, in strips or in motifses hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of embroidery; in the piece, in strips or in motifses dropped sharply to $992 in 2022. In general, exports posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 4,441% against the previous year.

Export of Embroidery; in the Piece, in Strips or in Motifs in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IsraelN/AN/AN/A1.00%
Cote d'Ivoire0.1N/AN/AN/A0%
NigeriaN/AN/A7.0N/A0%
United KingdomN/A3.9N/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.13.97.01.0115.4%

Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Ethiopia in 2022:

  1. Israel (290.0 kg)

Source: IndexBox Market Intelligence Platform

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