Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Ethiopia - 2022

Contents:

  1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Ethiopia (CIF) - 2022
  2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Ethiopia (FOB) - 2022
  3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Ethiopia
  4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Ethiopia

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Ethiopia (CIF) - 2022

In 2022, the average import price for felt; whether or not impregnated, coated, covered or laminateds amounted to $5,396 per ton, picking up by 21% against the previous year. In general, the import price recorded a strong expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 91%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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 ($15,038 per ton), while the price for Turkey ($2,349 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Ethiopia (FOB) - 2022

In 2022, the average export price for felt; whether or not impregnated, coated, covered or laminateds amounted to $10,250 per ton, increasing by 51% against the previous year. Over the period under review, the export price saw a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 82% against the previous year. The export price peaked at $20,522 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for France amounted to +42.2% per year.

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Ethiopia

In 2022, after two years of decline, there was significant growth in overseas purchases of felt; whether or not impregnated, coated, covered or laminateds, when their volume increased by 61% to 26 tons. Over the period under review, imports, however, recorded a sharp contraction.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds skyrocketed to $140K in 2022. In general, imports, however, faced a deep reduction.

Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10549.727.889.5-5.2%
India1.30.75.433.8196.2%
Turkey52.513.85.33.4-59.8%
Belgium8.57.212.8N/A22.7%
Others25.210.620.613.4-19.0%
Total19382.071.9140-10.1%

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Ethiopia in 2022:

  1. China (21.7 tons)
  2. India (2.2 tons)
  3. Turkey (1.4 tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Ethiopia

In 2022, approx. 16 kg of felt; whether or not impregnated, coated, covered or laminateds were exported from Ethiopia; reducing by -33.3% on the year before. In general, exports showed a precipitous slump.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds stood at $164 in 2022. Overall, exports, however, recorded a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Ethiopia (USD)
COUNTRY20212022CAGR,
2021-2022
United StatesN/A1640%
Tanzania163N/A0%
OthersN/AN/A0%
Total1631640.6%

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Ethiopia in 2022:

  1. United States (16.0 kg)

Source: IndexBox Market Intelligence Platform

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