Ethiopia: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Ethiopia

The Ethiopian market for self-adhesive plastic tape in rolls of a width under Xcm soared to $X in 2022, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate significant growth. Consumption of peaked in 2022 and is likely to continue growth in the near future.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Ethiopia

In 2022, exports of self-adhesive plastic tape in rolls of a width under Xcm from Ethiopia skyrocketed to X tons, growing by X% against 2021. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of self-adhesive plastic tape in rolls of a width under Xcm skyrocketed to $X in 2022. Overall, exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

China (X tons) was the main destination for exports of self-adhesive plastic tape in rolls of a width under Xcm from Ethiopia, with a X% share of total exports. Moreover, exports of self-adhesive plastic tape in rolls of a width under Xcm to China exceeded the volume sent to the second major destination, South Africa (X kg), threefold. The third position in this ranking was taken by Angola (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to China stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (X% per year) and Angola (X% per year).

In value terms, China ($X) remains the key foreign market for self-adhesive plastic tape in rolls of a width under Xcm exports from Ethiopia, comprising X% of total exports. The second position in the ranking was held by South Africa ($X), with an X% share of total exports. It was followed by Angola, with a X% share.

From 2012 to 2022, the average annual growth rate of value to China totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (X% per year) and Angola (X% per year).

Export Prices by Country

In 2022, the average export price for self-adhesive plastic tape in rolls of a width under Xcm amounted to $X per ton, waning by X% against the previous year. Overall, the export price saw a abrupt downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by X%. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Vietnam (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Ethiopia

In 2022, the amount of self-adhesive plastic tape in rolls of a width under Xcm imported into Ethiopia skyrocketed to X tons, jumping by X% on 2021. Over the period under review, imports showed a significant expansion. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of self-adhesive plastic tape in rolls of a width under Xcm soared to $X in 2022. In general, imports enjoyed significant growth. The pace of growth appeared the most rapid in 2018 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under Xcm to Ethiopia, with a X% share of total imports. Moreover, imports of self-adhesive plastic tape in rolls of a width under Xcm from China exceeded the figures recorded by the second-largest supplier, Kenya (X tons), more than tenfold. The United Arab Emirates (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Kenya (X% per year) and the United Arab Emirates (X% per year).

In value terms, China ($X) constituted the largest supplier of self-adhesive plastic tape in rolls of a width under Xcm to Ethiopia, comprising X% of total imports. The second position in the ranking was taken by Kenya ($X), with a X% share of total imports. It was followed by the United Arab Emirates, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Kenya (X% per year) and the United Arab Emirates (X% per year).

Import Prices by Country

In 2022, the average import price for self-adhesive plastic tape in rolls of a width under Xcm amounted to $X per ton, rising by X% against the previous year. Overall, the import price, however, recorded a slight slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Kenya ($X per ton), while the price for India ($X per ton) 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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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