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

Contents:

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

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

The average export price for woven fabrics of combed wool or of combed fine animal hair stood at $6.2 per square meter in 2022, surging by 17% against the previous year. Overall, the export price, however, saw a pronounced curtailment. The export price peaked at $9.8 per square meter in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -4.6% per year.

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

The average import price for woven fabrics of combed wool or of combed fine animal hair stood at $16 per square meter in 2022, jumping by 56% against the previous year. In general, the import price posted a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($19 per square meter), while the price for China ($2.6 per square meter) 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 (-0.2%), while the prices for the other major suppliers experienced a decline.

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

For the fourth consecutive year, Ethiopia recorded growth in overseas shipments of woven fabrics of combed wool or of combed fine animal hair, which increased by 6,902% to 262K square meters in 2022. In general, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of woven fabrics of combed wool or of combed fine animal hair soared to $1.6M in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

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

1. China (260.8K square meters)

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

For the third year in a row, Ethiopia recorded decline in supplies from abroad of woven fabrics of combed wool or of combed fine animal hair, which decreased by -53% to 92K square meters in 2022. Over the period under review, imports continue to indicate a sharp slump. The smallest decline of -3.5% was in 2021. Over the period under review, imports of attained the peak figure at 216K square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of woven fabrics of combed wool or of combed fine animal hair shrank notably to $1.4M in 2022. Overall, imports showed a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 9.9% against the previous year. As a result, imports reached the peak of $2M, and then contracted remarkably in the following year.

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

1. India (68.7K square meters)
2. China (13.7K square meters)
3. Italy (3.5K square meters)
4. United Arab Emirates (3.0K square meters)

Source: IndexBox Market Intelligence Platform