Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Ethiopia - 2022
Contents:
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Ethiopia (CIF) - 2022
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Ethiopia (FOB) - 2022
- Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Ethiopia
- Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Ethiopia
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Ethiopia (CIF) - 2022
The average import price for track suits; of synthetic fibres, knitted or crocheteds stood at $15 per unit in 2022, with an increase of 7.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2020 when the average import price increased by 9.9%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($19 per unit), while the price for Italy ($8.7 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Ethiopia (FOB) - 2022
In 2022, the average export price for track suits; of synthetic fibres, knitted or crocheteds amounted to $14 per unit, picking up by 2.1% against the previous year. Overall, the export price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2016 an increase of 342%. Over the period under review, the average export prices reached the maximum at $25 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($16 per unit), while the average price for exports to Switzerland ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+53.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Ethiopia
In 2022, overseas purchases of track suits; of synthetic fibres, knitted or crocheteds were finally on the rise to reach 20K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds soared to $301K in 2022. In general, imports recorded a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 13.2 | 24.4 | 1.4 | 149 | 124.3% |
| China | 97.7 | 35.8 | 35.9 | 77.7 | -7.4% |
| Vietnam | 19.7 | 9.7 | 15.0 | 18.1 | -2.8% |
| United Arab Emirates | 22.9 | 8.6 | 15.3 | 12.7 | -17.8% |
| Cambodia | 17.8 | 6.9 | 3.0 | 11.2 | -14.3% |
| Germany | 2.8 | 2.2 | 8.5 | 8.8 | 46.5% |
| Italy | 1.7 | 1.1 | 2.1 | 2.9 | 19.5% |
| Indonesia | 8.0 | 4.2 | 3.7 | 0.5 | -60.3% |
| Others | 10.0 | 3.7 | 10.0 | 19.3 | 24.5% |
| Total | 194 | 96.6 | 95.0 | 301 | 15.8% |
Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Ethiopia in 2022:
- Turkey (9.8K units)
- China (5.1K units)
- Vietnam (1.3K units)
- United Arab Emirates (1.0K units)
- Cambodia (0.8K units)
- Germany (0.5K units)
- Italy (0.3K units)
Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Ethiopia
In 2022, approx. 27 units of track suits; of synthetic fibres, knitted or crocheteds were exported from Ethiopia; picking up by 8% against 2021 figures. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 55%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds expanded notably to $387 in 2022. The total export value increased at an average annual rate of +11.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 13% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 264 | 110 | 348 | 384 | 13.3% |
| Sweden | 3.0 | 1.0 | 2.0 | 1.0 | -30.7% |
| Germany | 8.0 | N/A | N/A | 1.0 | -50.0% |
| Switzerland | 5.0 | 1.0 | 1.0 | 1.0 | -41.5% |
| United States | N/A | 205 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 280 | 317 | 351 | 387 | 11.4% |
Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Ethiopia in 2022:
- South Africa (24.0 units)
- Switzerland (1.0 units)
- Sweden (1.0 units)
- Germany (1.0 units)
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