Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Ethiopia - 2022
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Ethiopia (CIF) - 2022
- Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Ethiopia
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Ethiopia (CIF) - 2022
In 2022, the average import price for yarn of carded wool, not put up for retail sale amounted to $20,255 per ton, shrinking by -17% against the previous year. Overall, the import price, however, showed a resilient expansion. The most prominent rate of growth was recorded in 2018 an increase of 68% against the previous year. Over the period under review, average import prices hit record highs at $24,391 per ton in 2021, and then shrank rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($22,283 per ton), while the price for Slovenia ($2,866 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+72.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Yarn of Carded Wool, Not Put Up for Retail Sale in Ethiopia
For the fourth consecutive year, Ethiopia recorded growth in supplies from abroad of yarn of carded wool, not put up for retail sale, which increased by 74% to 19 tons in 2022. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 82% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, imports of yarn of carded wool, not put up for retail sale soared to $393K in 2022. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 181% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Yarn of Carded Wool, Not Put Up for Retail Sale in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 19.8 | 95.6 | 237 | 359 | 162.7% |
| China | N/A | 0.1 | 34.7 | 29.4 | 1614.6% |
| Slovenia | N/A | N/A | N/A | 3.7 | 0% |
| Madagascar | 21.9 | N/A | N/A | N/A | 0% |
| Others | 27.9 | 1.1 | N/A | N/A | -96.1% |
| Total | 69.7 | 96.8 | 272 | 393 | 78.0% |
Top Suppliers of Yarn of Carded Wool, Not Put Up for Retail Sale to Ethiopia in 2022:
- Italy (16.1 tons)
- China (2.0 tons)
- Slovenia (1.3 tons)
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This report provides an in-depth analysis of the woolen yarn market in Ethiopia.
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This report provides an in-depth analysis of the global woolen yarn market.
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This report provides an in-depth analysis of the woolen yarn market in Ethiopia.
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This report provides an in-depth analysis of the global woolen yarn market.
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