Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Ethiopia - 2022

Contents:

  1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Ethiopia (CIF) - 2022
  2. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Ethiopia (FOB) - 2022
  3. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Ethiopia
  4. Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Ethiopia

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Ethiopia (CIF) - 2022

The average import price for textile fabrics; tyrecord of high tenacity yarn of viscose raya stood at $3,315 per ton in 2022, with an increase of 100% against the previous year. In general, the import price, however, showed a abrupt shrinkage. Over the period under review, average import prices attained the maximum at $6,868 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 ($5,950 per ton), while the price for China stood at $3,265 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+2.2%), while the prices for the other major suppliers experienced a decline.

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Ethiopia (FOB) - 2022

In 2022, the average export price for textile fabrics; tyrecord of high tenacity yarn of viscose raya amounted to $9,034 per ton, growing by 6.7% against the previous year. Overall, the export price, however, recorded a noticeable slump. The pace of growth appeared the most rapid in 2020 an increase of 21% against the previous year. The export price peaked at $13,333 per ton in 2012; however, from 2013 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 Israel.

From 2012 to 2022, the rate of growth in terms of prices for Israel amounted to -3.8% per year.

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Ethiopia

In 2022, imports of textile fabrics; tyrecord of high tenacity yarn of viscose raya into Ethiopia soared to 5.5 tons, rising by 220% on 2021. Overall, imports enjoyed a modest expansion. The pace of growth was the most pronounced in 2021 when imports increased by 295%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of viscose raya skyrocketed to $18K in 2022. In general, imports recorded buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.1N/A0.317.5459.3%
India1.2N/AN/A0.6-20.6%
United Arab Emirates13.90.72.4N/A-58.4%
OthersN/AN/A0.1N/A0%
Total15.10.82.818.16.2%

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon to Ethiopia in 2022:

  1. China (5.4 tons)
  2. India (0.1 tons)

Exports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Ethiopia

In 2022, shipments abroad of textile fabrics; tyrecord of high tenacity yarn of viscose raya decreased by -6.5% to 58 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 129% against the previous year.

In value terms, exports of textile fabrics; tyrecord of high tenacity yarn of viscose raya contracted modestly to $524 in 2022. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 176%.

Export of Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Israel55.0522525524112.0%
Nigeria134N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total18952252552440.5%

Top Export Markets for Textile Fabrics; Tyrecord of High Tenacity Yarn of Viscose Rayon from Ethiopia in 2022:

  1. Israel (58.0 kg)

Source: IndexBox Market Intelligence Platform

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