Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Ethiopia - 2022

Contents:

1. Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Ethiopia (CIF) - 2022
2. Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Ethiopia

Price for Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Ethiopia (CIF) - 2022

In 2022, the average import price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses amounted to $5,646 per ton, increasing by 13% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses increased by +53.1% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 35% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.9% per year.

Imports of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides in Ethiopia

In 2022, supplies from abroad of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses was finally on the rise to reach 514 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a deep reduction.

In value terms, imports of textile fabrics; tyrecord of high tenacity yarn of nylon or other polyamideses soared to $2.9M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three-year period. 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.

Top Suppliers of Textile Fabrics; Tyrecord of High Tenacity Yarn of Nylon or Other Polyamides to Ethiopia in 2022:

1. China (513.7 tons)

Source: IndexBox Market Intelligence Platform