Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Ethiopia - 2022

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Ethiopia (CIF) - 2022
  2. Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Ethiopia

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Ethiopia (CIF) - 2022

The average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $7,724 per ton in 2022, with an increase of 27% against the previous year. Over the period under review, the import price, however, showed a abrupt downturn. The growth pace was the most rapid in 2013 when the average import price increased by 43% against the previous year. As a result, import price reached the peak level of $20,728 per ton. From 2014 to 2022, the average 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 India amounted to -7.7% per year.

Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Ethiopia

In 2022, supplies from abroad of fabrics; looped pile fabrics, of cotton, knitted or crocheted decreased by -99.8% to 337 kg, falling for the second year in a row after two years of growth. Overall, imports saw a dramatic decrease. The pace of growth was the most pronounced in 2020 with an increase of 21% against the previous year. As a result, imports reached the peak of 396 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted contracted significantly to $2.6K in 2022. Over the period under review, imports showed a significant contraction. The growth pace was the most rapid in 2020 when imports increased by 17%. As a result, imports reached the peak of $2M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20712025.92.6-76.8%
India1,5221,9081,187N/A-11.7%
OthersN/AN/AN/AN/A0%
Total1,7292,0271,2132.6-88.5%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Ethiopia in 2022:

  1. China (337.0 kg)

Source: IndexBox Market Intelligence Platform

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