Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Ethiopia - 2022

Contents:

  1. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Ethiopia (CIF) - 2022
  2. Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Ethiopia (FOB) - 2022
  3. Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Ethiopia
  4. Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Ethiopia

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Ethiopia (CIF) - 2022

In 2022, the average import price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $2,717 per ton, declining by -36.9% against the previous year. Overall, the import price saw a deep slump. The most prominent rate of growth was recorded in 2018 when the average import price increased by 19%. Over the period under review, average import prices attained the peak figure at $7,127 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 the United Arab Emirates ($7,727 per ton), while the price for Turkey ($1,489 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Ethiopia (FOB) - 2022

In 2022, the average export price for cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses amounted to $5,874 per ton, leveling off at the previous year. Overall, the export price, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2015 when the average export price increased by 380%. As a result, the export price reached the peak level of $11,017 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($7,880 per ton), while the average price for exports to the Netherlands ($760 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+22.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Ethiopia

In 2022, overseas purchases of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses increased by 119% to 34 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate moderate growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses skyrocketed to $91K in 2022. In general, imports, however, showed a abrupt curtailment.

Import of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10778.543.771.7-12.5%
Turkey5.91.20.64.7-7.3%
United Arab Emirates1.0N/A1.14.261.3%
Germany18.81.20.31.5-56.9%
Others44.118.920.39.0-41.1%
Total17799.866.091.1-19.9%

Top Suppliers of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths to Ethiopia in 2022:

  1. China (27.6 tons)
  2. Turkey (3.1 tons)
  3. Germany (0.6 tons)
  4. United Arab Emirates (0.5 tons)

Exports of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Ethiopia

In 2022, approx. 2.7 tons of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses were exported from Ethiopia; picking up by 51% against the previous year's figure. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.9% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of cloths; floor cloths, dish-cloths, dusters and similar cleaning clothses skyrocketed to $16K in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 75%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

Export of Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.02.91.712.962.6%
NepalN/AN/AN/A1.60%
FranceN/AN/AN/A0.90%
Belgium0.2N/AN/AN/A0%
JordanN/A3.81.4N/A-63.2%
TanzaniaN/AN/A0.1N/A0%
Algeria1.0N/AN/AN/A0%
Czech Republic0.7N/AN/AN/A0%
Netherlands0.10.20.3N/A73.2%
Turkey0.21.01.2N/A144.9%
Others2.04.75.90.7-29.5%
Total7.212.610.716.030.5%

Top Export Markets for Cloths; Floor Cloths, Dish-Cloths, Dusters and Similar Cleaning Cloths from Ethiopia in 2022:

  1. Germany (2017.0 kg)
  2. Nepal (480.0 kg)
  3. France (117.0 kg)
  4. Netherlands (50.0 kg)

Source: IndexBox Market Intelligence Platform

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