Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ethiopia - 2022
Contents:
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ethiopia (CIF) - 2022
- Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ethiopia
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ethiopia (CIF) - 2022
The average import price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $1,532 per ton in 2022, with a decrease of -30.7% against the previous year. In general, the import price recorded a deep downturn. The pace of growth appeared the most rapid in 2018 an increase of 24% against the previous year. The import price peaked at $3,912 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
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 Pakistan ($2,310 per ton), while the price for China ($1,416 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (-0.5%), while the prices for the other major suppliers experienced a decline.
Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ethiopia
Imports of man-made filament yarn (other than sewing thread), put up for retail sale into Ethiopia shrank significantly to 39 tons in 2022, with a decrease of -96.5% on the previous year's figure. In general, imports faced a sharp reduction. The pace of growth was the most pronounced in 2021 when imports increased by 589% against the previous year. As a result, imports attained the peak of 1.1K tons, and then dropped dramatically in the following year.
In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale declined remarkably to $60K in 2022. Overall, imports showed a precipitous slump. The growth pace was the most rapid in 2021 when imports increased by 545%. As a result, imports reached the peak of $2.5M, and then contracted remarkably in the following year.
| Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 751 | 375 | 2,160 | 51.0 | -59.2% |
| Pakistan | 6.1 | 5.4 | 91.9 | 5.1 | -5.8% |
| Turkey | 1.4 | 1.2 | 19.9 | 1.1 | -7.7% |
| Others | N/A | N/A | 194 | 2.5 | -98.7% |
| Total | 758 | 382 | 2,465 | 59.7 | -57.1% |
Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to Ethiopia in 2022:
- China (36.0 tons)
- Pakistan (2.2 tons)
- Turkey (0.7 tons)
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