Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Ethiopia - 2022

Contents:

  1. Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Ethiopia (CIF) - 2022
  2. Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Ethiopia (FOB) - 2022
  3. Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Ethiopia
  4. Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Ethiopia

Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Ethiopia (CIF) - 2022

The average import price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses stood at $704 per thousand square meters in 2022, picking up by 16% against the previous year. Overall, the import price, however, recorded a perceptible setback. The pace of growth was the most pronounced in 2020 an increase of 31% against the previous year. Over the period under review, average import prices hit record highs at $898 per thousand square meters in 2012; however, from 2013 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 India ($1.5 per square meter), while the price for China amounted to $672 per thousand square meters.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.6%).

Price for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Ethiopia (FOB) - 2022

The average export price for fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses stood at $579 per thousand square meters in 2022, jumping by 61% against the previous year. Overall, the export price, however, recorded a noticeable decrease. The export price peaked at $923 per thousand square meters in 2013; however, from 2014 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 China ($7.8 per square meter), while the average price for exports to Burkina Faso ($95 per thousand square meters) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+25.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Ethiopia

In 2022, after two years of decline, there was significant growth in supplies from abroad of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses, when their volume increased by 28% to 115M square meters. Over the period under review, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses surged to $81M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Ethiopia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China49.855.250.672.913.5%
India1.21.51.35.263.0%
Others4.63.02.82.9-14.3%
Total55.659.654.781.013.4%

Top Suppliers of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments to Ethiopia in 2022:

  1. China (108.5M square meters)
  2. India (3.6M square meters)

Exports of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Ethiopia

In 2022, approx. 283K square meters of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses were exported from Ethiopia; reducing by -25.5% against 2021. In general, exports showed a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 166%. Over the period under review, the exports of reached the peak figure at 1.3M square meters in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of fabrics, woven; containing less than 85% by weight of non-textured polyester filamentses soared to $164K in 2022. Over the period under review, exports showed a dramatic contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 78%. Over the period under review, the exports of hit record highs at $697K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Iran17352.810181.2-22.3%
Pakistan45112.718.349.4-52.2%
SomaliaN/AN/AN/A23.00%
Kenya33.33.10.74.3-49.5%
Burkina FasoN/AN/AN/A0.50%
VietnamN/AN/A7.7N/A0%
Others39.38.59.85.8-47.2%
Total69777.1137164-38.3%

Top Export Markets for Fabrics, Woven; Containing Less than 85% by Weight of Non-Textured Polyester Filaments from Ethiopia in 2022:

  1. Iran (165.8K square meters)
  2. Pakistan (102.5K square meters)
  3. Burkina Faso (5.5K square meters)
  4. Somalia (4.6K square meters)
  5. Kenya (4.0K square meters)

Source: IndexBox Market Intelligence Platform

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Free Data: Fabrics, woven; containing less than 85% by weight of non-textured polyester filaments - Ethiopia