Price for Wigs; Complete, of Synthetic Textile Materials in Ethiopia - 2022
Contents:
- Price for Wigs; Complete, of Synthetic Textile Materials in Ethiopia (CIF) - 2022
- Price for Wigs; Complete, of Synthetic Textile Materials in Ethiopia (FOB) - 2022
- Imports of Wigs; Complete, of Synthetic Textile Materials in Ethiopia
- Exports of Wigs; Complete, of Synthetic Textile Materials in Ethiopia
Price for Wigs; Complete, of Synthetic Textile Materials in Ethiopia (CIF) - 2022
In 2022, the average import price for wigs; complete, of synthetic textile materialses amounted to $2.9 per unit, falling by -18% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by 26%. The import price peaked at $4.4 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($3.4 per unit), while the price for Kenya totaled $2.7 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.0%).
Price for Wigs; Complete, of Synthetic Textile Materials in Ethiopia (FOB) - 2022
In 2022, the average export price for wigs; complete, of synthetic textile materialses amounted to $13 per unit, increasing by 59% against the previous year. Overall, the export price enjoyed a pronounced expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kuwait ($61 per unit), while the average price for exports to the United Arab Emirates ($1.6 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 Canada (+47.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wigs; Complete, of Synthetic Textile Materials in Ethiopia
Imports of wigs; complete, of synthetic textile materialses into Ethiopia surged to 243K units in 2022, increasing by 20% compared with the year before. The total import volume increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 29% against the previous year. As a result, imports attained the peak of 246K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of wigs; complete, of synthetic textile materialses declined slightly to $712K in 2022. In general, imports, however, saw a noticeable decline. Over the period under review, imports of reached the peak figure at $784K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Wigs; Complete, of Synthetic Textile Materials in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 203 | 483 | 175 | 404 | 25.8% |
| China | 577 | 270 | 540 | 305 | -19.1% |
| Others | 3.8 | 9.4 | 10.5 | 2.8 | -9.7% |
| Total | 784 | 762 | 726 | 712 | -3.2% |
Top Suppliers of Wigs; Complete, of Synthetic Textile Materials to Ethiopia in 2022:
- Kenya (151.8K units)
- China (91.0K units)
Exports of Wigs; Complete, of Synthetic Textile Materials in Ethiopia
In 2022, shipments abroad of wigs; complete, of synthetic textile materialses decreased by -23.9% to 362 units, falling for the second year in a row after two years of growth. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 720% against the previous year. As a result, the exports reached the peak of 1.2K units. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of wigs; complete, of synthetic textile materialses soared to $4.6K in 2022. In general, exports, however, showed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 729% against the previous year. As a result, the exports reached the peak of $8.5K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Wigs; Complete, of Synthetic Textile Materials in Ethiopia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 536 | 2,943 | 1,693 | 1,656 | 45.6% |
| Kuwait | 48.0 | 574 | 474 | 735 | 148.3% |
| Lebanon | 45.0 | 497 | 381 | 495 | 122.4% |
| Canada | 46.0 | 323 | 321 | 410 | 107.3% |
| Switzerland | 3.0 | 134 | 32.0 | 409 | 414.7% |
| United Arab Emirates | 33.0 | 343 | 249 | 307 | 110.3% |
| Germany | 37.0 | 3,368 | 261 | 281 | 96.6% |
| Burkina Faso | 5.0 | 25.0 | 66.0 | 74.0 | 145.5% |
| Others | 274 | 304 | 373 | 277 | 0.4% |
| Total | 1,027 | 8,511 | 3,850 | 4,644 | 65.4% |
Top Export Markets for Wigs; Complete, of Synthetic Textile Materials from Ethiopia in 2022:
- United Arab Emirates (187.0 units)
- Lebanon (87.0 units)
- Angola (31.0 units)
- Burkina Faso (13.0 units)
- Kuwait (12.0 units)
- Canada (7.0 units)
- Switzerland (7.0 units)
- Germany (5.0 units)
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