Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Ethiopia - 2022
Contents:
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Ethiopia (CIF) - 2022
- Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Ethiopia
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Ethiopia (CIF) - 2022
The average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $5,759 per unit in 2022, declining by -40.1% against the previous year. Overall, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of 105% against the previous year. As a result, import price attained the peak level of $42,049 per unit. From 2019 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($14,885 per unit), while the price for the United Arab Emirates ($199 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+47.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Ethiopia
In 2022, approx. 33 units of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses were imported into Ethiopia; which is down by -45% on 2021 figures. Over the period under review, imports saw a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 36%. As a result, imports attained the peak of 60 units, and then declined markedly in the following year.
In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses dropped significantly to $190K in 2022. Overall, imports saw a sharp shrinkage. The smallest decline of -0.2% was in 2021. Imports peaked at $970K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Ethiopia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 35.6 | 33.3 | 169 | 63.1 | 21.0% |
China | 684 | 317 | 363 | 59.5 | -55.7% |
Italy | 187 | 194 | 1.9 | 53.7 | -34.0% |
South Korea | 26.8 | 13.5 | 18.6 | 6.6 | -37.3% |
United Kingdom | 17.0 | 9.9 | 15.2 | 6.4 | -27.8% |
Japan | 1.0 | 0.7 | 1.7 | 0.6 | -15.7% |
United Arab Emirates | 0.5 | 1.2 | 4.2 | 0.2 | -26.3% |
Sri Lanka | 2.2 | N/A | N/A | N/A | 0% |
Others | 15.1 | 8.2 | 3.9 | N/A | -49.2% |
Total | 970 | 578 | 577 | 190 | -41.9% |
Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Ethiopia in 2022:
- Italy (12.0 units)
- India (10.0 units)
- China (4.0 units)
- United Kingdom (2.0 units)
- South Korea (2.0 units)
- United Arab Emirates (1.0 units)
- Japan (1.0 units)
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