Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Ethiopia - 2022

Contents:

  1. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Ethiopia (CIF) - 2022
  2. Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Ethiopia (FOB) - 2022
  3. Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Ethiopia
  4. Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Ethiopia

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Ethiopia (CIF) - 2022

The average import price for woven fabrics of carded wool or of carded fine animal hair stood at $4.3 per square meter in 2022, flattening at the previous year. In general, the import price, however, continues to indicate a slight descent. The pace of growth appeared the most rapid in 2018 an increase of 25%. Over the period under review, average import prices reached the peak figure at $5.3 per square meter in 2013; however, from 2014 to 2022, 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 ($4.3 per square meter), while the price for the United Arab Emirates amounted to $1.3 per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.0%), while the prices for the other major suppliers experienced a decline.

Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Ethiopia (FOB) - 2022

In 2022, the average export price for woven fabrics of carded wool or of carded fine animal hair amounted to $3.7 per square meter, picking up by 3.5% against the previous year. Overall, the export price saw a temperate increase. The export price peaked at $6.8 per square meter in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($4.1 per square meter), while the average price for exports to Denmark amounted to $2.7 per square meter.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+25.2%).

Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Ethiopia

In 2022, the amount of woven fabrics of carded wool or of carded fine animal hair imported into Ethiopia surged to 36K square meters, jumping by 69% compared with 2021. Overall, imports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 224%. Over the period under review, imports of reached the peak figure at 62K square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of woven fabrics of carded wool or of carded fine animal hair skyrocketed to $152K in 2022. In general, imports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 229%. Over the period under review, imports of hit record highs at $243K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China24326.689.5152-14.5%
Others0.80.60.30.2-37.0%
Total24327.289.7152-14.5%

Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Ethiopia in 2022:

  1. China (35.4K square meters)

Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Ethiopia

In 2022, shipments abroad of woven fabrics of carded wool or of carded fine animal hair decreased by -63.8% to 68 square meters for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 274%. Over the period under review, the exports of reached the maximum at 188 square meters in 2021, and then fell dramatically in the following year.

In value terms, exports of woven fabrics of carded wool or of carded fine animal hair fell significantly to $252 in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 260%. The exports peaked at $673 in 2021, and then shrank markedly in the following year.

Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Ethiopia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/AN/A11219876.8%
DenmarkN/AN/A48.054.012.5%
Fiji39.0N/AN/AN/A0%
AustraliaN/A338N/AN/A0%
CanadaN/AN/A261N/A0%
Others55.0N/A252N/A114.1%
Total94.033867325238.9%

Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Ethiopia in 2022:

  1. Sweden (48.0 square meters)
  2. Denmark (20.0 square meters)

Source: IndexBox Market Intelligence Platform

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