Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Ethiopia - 2022

Contents:

  1. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Ethiopia (CIF) - 2022
  2. Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Ethiopia

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Ethiopia (CIF) - 2022

In 2022, the average import price for wadding; other articles thereof, of man-made fibreses amounted to $30,663 per ton, jumping by 931% against the previous year. Over the period under review, the import price saw a significant increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Ecuador.

From 2012 to 2022, the rate of growth in terms of prices for Tanzania amounted to +22.5% per year.

Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Ethiopia

In 2022, imports of wadding; other articles thereof, of man-made fibreses into Ethiopia declined significantly to 80 kg, waning by -99.8% compared with the previous year's figure. In general, imports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 18% against the previous year.

In value terms, imports of wadding; other articles thereof, of man-made fibreses contracted dramatically to $2.5K in 2022. Over the period under review, imports continue to indicate a sharp shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 54%. As a result, imports attained the peak of $149K, and then reduced markedly in the following year.

Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EcuadorN/AN/AN/A2.50%
China45.015.213.8N/A-44.6%
United Kingdom1.014.932.9N/A473.6%
Tanzania48.050.657.5N/A9.4%
United Arab Emirates1.51.911.6N/A178.1%
Italy24.110.320.7N/A-7.3%
Turkey2.33.211.7N/A125.5%
Others4.60.40.6N/A-63.9%
Total12796.51492.5-73.0%

Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Ethiopia in 2022:

  1. Ecuador (80.0 kg)

Source: IndexBox Market Intelligence Platform

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