Price for Tents of Synthetic Fibres in Ethiopia - 2022

Contents:

1. Price for Tents of Synthetic Fibres in Ethiopia (CIF) - 2022
2. Price for Tents of Synthetic Fibres in Ethiopia (FOB) - 2022
3. Imports of Tents of Synthetic Fibres in Ethiopia
4. Exports of Tents of Synthetic Fibres in Ethiopia

Price for Tents of Synthetic Fibres in Ethiopia (CIF) - 2022

In 2022, the average tents of synthetic fibres import price amounted to $4,410 per ton, with a decrease of -7.4% against the previous year. Overall, the import price saw a noticeable contraction. The most prominent rate of growth was recorded in 2013 when the average import price increased by 65% against the previous year. The import price peaked at $10,723 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($6,783 per ton), while the price for China amounted to $3,102 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+3.4%), while the prices for the other major suppliers experienced a decline.

Price for Tents of Synthetic Fibres in Ethiopia (FOB) - 2022

In 2022, the average tents of synthetic fibres export price amounted to $6,061 per ton, approximately mirroring the previous year. Overall, the export price, however, continues to indicate a noticeable shrinkage. The pace of growth was the most pronounced in 2014 an increase of 3,656%. Over the period under review, the average export prices hit record highs at $20,987 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Sudan amounted to +21.3% per year.

Imports of Tents of Synthetic Fibres in Ethiopia

In 2022, the amount of tents of synthetic fibreses imported into Ethiopia skyrocketed to 614 tons, jumping by 431% on the year before. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, tents of synthetic fibres imports skyrocketed to $2.7M in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Tents of Synthetic Fibres to Ethiopia in 2022:

1. China (402.2 tons)
2. Pakistan (209.9 tons)

Exports of Tents of Synthetic Fibres in Ethiopia

In 2022, tents of synthetic fibres exports from Ethiopia dropped remarkably to 4 tons, waning by -46.3% compared with 2021 figures. Overall, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 1,245%. As a result, the exports reached the peak of 7.5 tons, and then dropped rapidly in the following year.

In value terms, tents of synthetic fibres exports contracted remarkably to $24K in 2022. In general, exports recorded a noticeable curtailment. The growth pace was the most rapid in 2021 when exports increased by 1,063%. As a result, the exports reached the peak of $45K, and then contracted dramatically in the following year.

Top Export Markets for Tents of Synthetic Fibres from Ethiopia in 2022:

1. South Korea (4.0 tons)

Source: IndexBox Market Intelligence Platform