Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Ethiopia - 2022

Contents:

1. Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Ethiopia (CIF) - 2022
2. Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Ethiopia

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Ethiopia (CIF) - 2022

The average import price for yarn of other vegetable textile fibres; paper yarns stood at $8,569 per ton in 2022, surging by 30% against the previous year. Over the period under review, the import price continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2021 an increase of 161%. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($11,975 per ton), while the price for China stood at $8,085 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.3%), while the prices for the other major suppliers experienced a decline.

Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Ethiopia

After two years of decline, purchases abroad of yarn of other vegetable textile fibres; paper yarns increased by 424% to 2.6 tons in 2022. Over the period under review, imports, however, continue to indicate a dramatic slump.

In value terms, imports of yarn of other vegetable textile fibres; paper yarns soared to $22K in 2022. Overall, imports, however, continue to indicate a noticeable descent.

Top Suppliers of Yarn of Other Vegetable Textile Fibres; Paper Yarn to Ethiopia in 2022:

1. China (2.3 tons)
2. Italy (0.3 tons)

Source: IndexBox Market Intelligence Platform