Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ethiopia - 2022
Contents:
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ethiopia (CIF) - 2022
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ethiopia (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ethiopia
- Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ethiopia
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ethiopia (CIF) - 2022
The average import price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $1,435 per ton in 2022, jumping by 73% against the previous year. Over the period under review, the import price saw pronounced growth. The pace of growth appeared the most rapid in 2014 an increase of 103%. As a result, import price reached the peak level of $1,912 per ton. From 2015 to 2022, the average 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 Belgium ($13,286 per ton), while the price for China ($729 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ethiopia (FOB) - 2022
In 2022, the average export price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $6,644 per ton, reducing by -19.8% against the previous year. In general, the export price recorded a abrupt decline. The growth pace was the most rapid in 2020 an increase of 30% against the previous year. The export price peaked at $16,935 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($8,529 per ton), while the average price for exports to Bangladesh ($2,455 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-6.6%).
Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ethiopia
For the third consecutive year, Ethiopia recorded decline in overseas purchases of wadding; other articles thereof, other than of cotton or man-made fibreses, which decreased by -89.5% to 1.4 tons in 2022. Overall, imports faced a precipitous contraction. The smallest decline of -24.4% was in 2020.
In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses reduced markedly to $2K in 2022. In general, imports recorded a precipitous decline. The smallest decline of -29.8% was in 2020.
| Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1.1 | 1.2 | 1.4 | 0.7 | -14.0% |
| United Arab Emirates | 1.1 | 1.1 | 1.2 | 0.5 | -23.1% |
| China | 24.9 | 8.8 | 6.8 | 0.3 | -77.1% |
| Saudi Arabia | 5.2 | N/A | N/A | 0.2 | -66.2% |
| Italy | 0.3 | 0.3 | 0.4 | 0.2 | -12.6% |
| Turkey | 1.1 | 0.7 | 0.4 | 0.1 | -55.0% |
| United States | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | 2.2 | 13.0 | 1.1 | N/A | -29.3% |
| Total | 35.9 | 25.2 | 11.3 | 2.0 | -61.8% |
Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Ethiopia in 2022:
- United Arab Emirates (577.0 kg)
- China (465.0 kg)
- Saudi Arabia (131.0 kg)
- United States (88.0 kg)
- Turkey (69.0 kg)
- Belgium (49.0 kg)
- Italy (45.0 kg)
Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ethiopia
In 2022, shipments abroad of wadding; other articles thereof, other than of cotton or man-made fibreses decreased by -82.7% to 149 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports showed a pronounced downturn. The most prominent rate of growth was recorded in 2020 with an increase of 209% against the previous year.
In value terms, exports of wadding; other articles thereof, other than of cotton or man-made fibreses reduced markedly to $990 in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 301%.
| Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.8 | 4.1 | 7.1 | 0.9 | 4.0% |
| Bangladesh | N/A | N/A | N/A | 0.1 | 0% |
| Panama | 0.2 | N/A | N/A | N/A | 0% |
| Georgia | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.0 | 4.1 | 7.1 | 1.0 | 0.0% |
Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Ethiopia in 2022:
- United States (102.0 kg)
- Bangladesh (44.0 kg)
- Georgia (3.0 kg)
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