Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Ethiopia - 2022
Contents:
- Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Ethiopia (CIF) - 2022
- Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Ethiopia
Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Ethiopia (CIF) - 2022
The average import price for articles of apparel, clothing accessories and other articles of furskin stood at $24 per unit in 2022, rising by 81% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 109% against the previous year. Over the period under review, average import prices attained the peak figure at $40 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 the United States ($72 per unit), while the price for Kuwait ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Ethiopia
In 2022, approx. 886 units of articles of apparel, clothing accessories and other articles of furskin were imported into Ethiopia; rising by 2,669% compared with 2021. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of articles of apparel, clothing accessories and other articles of furskin skyrocketed to $21K in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.8 | N/A | 0.2 | 16.4 | 173.7% |
United States | N/A | N/A | N/A | 3.6 | 0% |
Germany | 0.1 | N/A | N/A | 1.1 | 122.4% |
India | 0.5 | N/A | N/A | N/A | 0% |
Kuwait | N/A | N/A | N/A | N/A | 0% |
Others | 0.5 | N/A | 0.2 | N/A | -36.8% |
Total | 1.9 | 0.1 | 0.4 | 21.1 | 123.1% |
Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Ethiopia in 2022:
- China (721.0 units)
- Kuwait (96.0 units)
- United States (50.0 units)
- Germany (19.0 units)
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