Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Ethiopia - 2022

Contents:

  1. Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Ethiopia (CIF) - 2022
  2. Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Ethiopia

Price for Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Ethiopia (CIF) - 2022

The average import price for fibres; synthetic filament tow, acrylic or modacrylics stood at $4,227 per ton in 2022, which is down by -1.9% against the previous year. In general, the import price, however, posted strong growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 155%. As a result, import price reached the peak level of $5,051 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($11,472 per ton), while the price for Malaysia ($3,946 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+19.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Ethiopia

In 2022, imports of fibres; synthetic filament tow, acrylic or modacrylics into Ethiopia skyrocketed to 23 tons, with an increase of 60% on the previous year's figure. Over the period under review, imports, however, recorded a noticeable contraction. The growth pace was the most rapid in 2021 when imports increased by 151%.

In value terms, imports of fibres; synthetic filament tow, acrylic or modacrylics surged to $97K in 2022. In general, imports, however, continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 133%.

Import of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MalaysiaN/AN/AN/A45.80%
India50.45.842.242.6-5.5%
Netherlands81.620.719.78.8-52.4%
OthersN/AN/AN/AN/A0%
Total13226.561.997.2-9.7%

Top Suppliers of Fibres; Synthetic Filament Tow, Acrylic or Modacrylic to Ethiopia in 2022:

  1. Malaysia (11.6 tons)
  2. India (10.6 tons)
  3. Netherlands (0.8 tons)

Source: IndexBox Market Intelligence Platform

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