Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Ethiopia - 2022

Contents:

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

Price for Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Ethiopia (CIF) - 2022

The average import price for fibres; synthetic filament tow, of nylon or other polyamideses stood at $3,877 per ton in 2022, dropping by -37.2% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 96% against the previous year. As a result, import price attained the peak level of $8,518 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 China ($9,000 per ton), while the price for the United States ($765 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+19.9%), while the prices for the other major suppliers experienced a decline.

Imports of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Ethiopia

In 2022, overseas purchases of fibres; synthetic filament tow, of nylon or other polyamideses were finally on the rise to reach 73 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a dramatic descent.

In value terms, imports of fibres; synthetic filament tow, of nylon or other polyamideses rose to $283 in 2022. Overall, imports, however, recorded a precipitous curtailment.

Import of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey416319215225-18.5%
China91.067.046.045.0-20.9%
United States59.034.017.013.0-39.6%
OthersN/A1.0N/AN/A0%
Total566421278283-20.6%

Top Suppliers of Fibres; Synthetic Filament Tow, of Nylon or Other Polyamides to Ethiopia in 2022:

  1. Turkey (51.0 kg)
  2. United States (17.0 kg)
  3. China (5.0 kg)

Source: IndexBox Market Intelligence Platform

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