Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Ethiopia - 2022
Contents:
- Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Ethiopia (CIF) - 2022
- Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Ethiopia (FOB) - 2022
- Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Ethiopia
- Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Ethiopia
Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Ethiopia (CIF) - 2022
The average import price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses stood at $848 per thousand square meters in 2022, surging by 19% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 39% against the previous year. Over the period under review, average import prices attained the peak figure at $983 per thousand square meters in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($30 per square meter), while the price for the United Arab Emirates ($626 per thousand square meters) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+48.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Ethiopia (FOB) - 2022
The average export price for fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses stood at $1.1 per square meter in 2022, increasing by 4.6% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 84%. As a result, the export price reached the peak level of $2 per square meter. From 2019 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -0.7% per year.
Imports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Ethiopia
After two years of decline, overseas purchases of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses increased by 0.9% to 2.2M square meters in 2022. In general, imports, however, faced a sharp contraction. Imports peaked at 5.1M square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses soared to $1.9M in 2022. Over the period under review, imports, however, showed a perceptible curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 36%. As a result, imports attained the peak of $2.8M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,364 | 2,439 | 1,297 | 1,565 | 4.7% |
| United Arab Emirates | 366 | 308 | 226 | 183 | -20.6% |
| Turkey | 256 | 5.3 | 5.7 | 3.4 | -76.3% |
| Others | 71.3 | 45.1 | 17.7 | 102 | 12.7% |
| Total | 2,058 | 2,797 | 1,546 | 1,853 | -3.4% |
Top Suppliers of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments to Ethiopia in 2022:
- China (1854.1K square meters)
- United Arab Emirates (291.6K square meters)
- Turkey (2.4K square meters)
Exports of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Ethiopia
Exports of fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses from Ethiopia skyrocketed to 473K square meters in 2022, jumping by 31% on 2021 figures. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +19.9% 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 +72.3% 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 fabrics, woven; containing 85% or more by weight of non-textured polyester filamentses skyrocketed to $537K in 2022. Overall, total exports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +23.6% 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 +88.6% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 285 | 333 | 391 | 537 | 23.5% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 285 | 333 | 391 | 537 | 23.5% |
Top Export Markets for Fabrics, Woven; Containing 85% or More by Weight of Non-Textured Polyester Filaments from Ethiopia in 2022:
- Turkey (472.9K square meters)
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This report provides an in-depth analysis of the man-made filament fabric market in Ethiopia.
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