Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Ethiopia - 2022

Contents:

  1. Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Ethiopia (CIF) - 2022
  2. Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Ethiopia

Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Ethiopia (CIF) - 2022

In 2022, the average import price for yarn of combed wool, not put up for retail sale amounted to $21,827 per ton, increasing by 23% against the previous year. Over the period under review, the import price, however, recorded a abrupt contraction. Over the period under review, average import prices reached the maximum at $42,765 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($26,640 per ton), while the price for Spain ($18,860 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-1.9%), while the prices for the other major suppliers experienced a decline.

Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Ethiopia

Imports of yarn of combed wool, not put up for retail sale into Ethiopia totaled 5.7 tons in 2022, growing by 8.9% compared with 2021. Overall, imports, however, faced a dramatic decline. The growth pace was the most rapid in 2020 when imports increased by 74%. As a result, imports reached the peak of 24 tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of yarn of combed wool, not put up for retail sale soared to $125K in 2022. Over the period under review, imports, however, faced a deep slump. The pace of growth appeared the most rapid in 2020 with an increase of 86%. As a result, imports reached the peak of $376K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India56.511.515.676.510.6%
Spain13334958.641.6-32.1%
Italy12.19.69.96.7-17.9%
Others0.35.29.80.518.6%
Total20237693.9125-14.8%

Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Ethiopia in 2022:

  1. India (3.3 tons)
  2. Spain (2.2 tons)
  3. Italy (0.3 tons)

Source: IndexBox Market Intelligence Platform

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