Price for Track Suits; of Cotton, Knitted or Crocheted in Ethiopia - 2022
Contents:
- Price for Track Suits; of Cotton, Knitted or Crocheted in Ethiopia (CIF) - 2022
- Imports of Track Suits; of Cotton, Knitted or Crocheted in Ethiopia
Price for Track Suits; of Cotton, Knitted or Crocheted in Ethiopia (CIF) - 2022
In 2022, the average import price for track suits; of cotton, knitted or crocheted amounted to $18 per unit, jumping by 16% against the previous year. Over the last decade, it increased at an average annual rate of +4.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($18 per unit), while the price for China stood at $18 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+11.1%).
Imports of Track Suits; of Cotton, Knitted or Crocheted in Ethiopia
In 2022, the amount of track suits; of cotton, knitted or crocheted imported into Ethiopia amounted to 30K units, approximately mirroring 2021 figures. In general, imports, however, faced a deep setback. The growth pace was the most rapid in 2020 when imports increased by 40% against the previous year. As a result, imports reached the peak of 67K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of track suits; of cotton, knitted or crocheted soared to $536K in 2022. Over the period under review, imports, however, saw a deep reduction. The pace of growth was the most pronounced in 2020 when imports increased by 52%. As a result, imports reached the peak of $961K. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Track Suits; of Cotton, Knitted or Crocheted in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 573 | 886 | 408 | 502 | -4.3% |
| Turkey | 27.5 | 34.2 | 3.9 | 22.8 | -6.1% |
| Others | 32.2 | 40.9 | 43.5 | 10.7 | -30.7% |
| Total | 633 | 961 | 455 | 536 | -5.4% |
Top Suppliers of Track Suits; of Cotton, Knitted or Crocheted to Ethiopia in 2022:
- China (28.3K units)
- Turkey (1.3K units)
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