Ethiopia: Textile Relling Machine Market 2024

Textile Relling Machine Market Size in Ethiopia

In 2022, the Ethiopian textile relling machine market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption enjoyed a buoyant increase. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Textile Relling Machine Production in Ethiopia

In value terms, textile relling machine production totaled $X in 2022 estimated in export price. Over the period under review, production continues to indicate a relatively flat trend pattern. Textile relling machine production peaked in 2022 and is likely to see steady growth in years to come.

Textile Relling Machine Exports

Exports from Ethiopia

In 2022, overseas shipments of machines for reeling, unreeling or textile fabrics increased by X% to X units, rising for the fourth consecutive year after two years of decline. Overall, exports showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, textile relling machine exports surged to $X in 2022. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to continue growth in the immediate term.

Exports by Country

India (X units) was the main destination for textile relling machine exports from Ethiopia, with a X% share of total exports. Moreover, textile relling machine exports to India exceeded the volume sent to the second major destination, Bangladesh (X units), fivefold. The third position in this ranking was taken by Vietnam (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to India was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Bangladesh (X% per year) and Vietnam (X% per year).

In value terms, Bangladesh ($X) emerged as the key foreign market for machines for reeling, unreeling or textile fabrics exports from Ethiopia, comprising X% of total exports. The second position in the ranking was taken by Vietnam ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Bangladesh was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Vietnam (X% per year) and Thailand (X% per year).

Export Prices by Country

The average textile relling machine export price stood at $X per unit in 2022, declining by X% against the previous year. Overall, the export price saw a mild contraction. The most prominent rate of growth was recorded in 2021 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($X per unit), while the average price for exports to India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (X.7%).

Textile Relling Machine Imports

Imports into Ethiopia

In 2022, textile relling machine imports into Ethiopia contracted markedly to X units, falling by X% on the previous year's figure. Overall, imports, however, saw a measured expansion. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, textile relling machine imports shrank dramatically to $X in 2022. Over the period under review, imports, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2015 when imports increased by X%. Imports peaked at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest textile relling machine supplier to Ethiopia, accounting for a X% share of total imports. Moreover, textile relling machine imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), more than tenfold. India (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and India (X% per year).

In value terms, China ($X) constituted the largest supplier of machines for reeling, unreeling or textile fabrics to Ethiopia, comprising X% of total imports. The second position in the ranking was taken by South Korea ($X), with a X% share of total imports. It was followed by India, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (X% per year) and India (X% per year).

Import Prices by Country

In 2022, the average textile relling machine import price amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the import price, however, enjoyed buoyant growth. The growth pace was the most rapid in 2014 when the average import price increased by X%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($X per unit), while the price for Sri Lanka ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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