Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Ethiopia - 2022

Contents:

1. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Ethiopia (CIF) - 2022
2. Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Ethiopia (FOB) - 2022
3. Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Ethiopia
4. Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Ethiopia

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Ethiopia (CIF) - 2022

In 2022, the average import price for tents of textile materials other than cotton or synthetic fibreses amounted to $9,889 per ton, picking up by 7% against the previous year. Overall, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tents of textile materials other than cotton or synthetic fibreses increased by +65.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 54% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Saudi Arabia ($33,000 per ton), while the price for Germany ($2,857 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+32.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tents of Textile Materials Other than Cotton or Synthetic Fibres in Ethiopia (FOB) - 2022

The average export price for tents of textile materials other than cotton or synthetic fibreses stood at $8,548 per ton in 2022, waning by -8.8% against the previous year. Over the period under review, the export price recorded a pronounced decrease. The pace of growth appeared the most rapid in 2018 when the average export price increased by 96%. The export price peaked at $10,739 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($12,176 per ton), while the average price for exports to the United States ($4,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+31.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Ethiopia

In 2022, the amount of tents of textile materials other than cotton or synthetic fibreses imported into Ethiopia reduced markedly to 47 tons, declining by -78.8% compared with 2021 figures. Overall, imports showed a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 441%. As a result, imports attained the peak of 220 tons, and then shrank dramatically in the following year.

In value terms, imports of tents of textile materials other than cotton or synthetic fibreses contracted sharply to $460K in 2022. In general, imports recorded a perceptible contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 735% against the previous year. As a result, imports attained the peak of $2M, and then shrank rapidly in the following year.

Top Suppliers of Tents of Textile Materials Other than Cotton or Synthetic Fibres to Ethiopia in 2022:

1. Pakistan (40.2 tons)
2. United Arab Emirates (2.0 tons)
3. South Africa (1.3 tons)
4. Finland (1.3 tons)
5. China (1.0 tons)
6. United States (0.1 tons)
7. Kenya (0.1 tons)

Exports of Tents of Textile Materials Other than Cotton or Synthetic Fibres in Ethiopia

In 2022, exports of tents of textile materials other than cotton or synthetic fibreses from Ethiopia contracted sharply to 12 tons, which is down by -49.6% against 2021. In general, exports, however, recorded measured growth. The most prominent rate of growth was recorded in 2021 when exports increased by 658% against the previous year. As a result, the exports attained the peak of 25 tons, and then shrank markedly in the following year.

In value terms, exports of tents of textile materials other than cotton or synthetic fibreses fell sharply to $106K in 2022. Overall, exports recorded a perceptible reduction. The growth pace was the most rapid in 2021 with an increase of 681% against the previous year. As a result, the exports attained the peak of $231K, and then dropped notably in the following year.

Top Export Markets for Tents of Textile Materials Other than Cotton or Synthetic Fibres from Ethiopia in 2022:

1. South Korea (12.3 tons)

Source: IndexBox Market Intelligence Platform