Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Ethiopia - 2022

Contents:

  1. Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Ethiopia (CIF) - 2022
  2. Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Ethiopia

Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Ethiopia (CIF) - 2022

The average import price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $2,252 per ton in 2022, reducing by -28% against the previous year. Over the period under review, the import price saw a deep reduction. The pace of growth appeared the most rapid in 2019 an increase of 31% against the previous year. The import price peaked at $5,685 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($2,251 per ton), while the price for South Korea totaled $2,231 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+18.6%).

Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Ethiopia

In 2022, imports of fabrics; "long pile" fabrics, knitted or crocheteds into Ethiopia shrank dramatically to 19 tons, waning by -17% against the previous year's figure. Overall, imports showed a abrupt setback. The smallest decline of -7% was in 2020.

In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds contracted dramatically to $42K in 2022. In general, imports faced a dramatic contraction. The smallest decline of -22.7% was in 2021.

Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11487.869.140.1-29.4%
South Korea3.13.21.31.9-15.1%
Others0.2N/A0.1N/A-29.3%
Total11891.170.442.1-29.1%

Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to Ethiopia in 2022:

  1. China (17.8 tons)
  2. South Korea (0.9 tons)

Source: IndexBox Market Intelligence Platform

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