Composition Leather Price in Ethiopia - 2022
Contents:
- Composition Leather Price in Ethiopia (FOB) - 2022
- Composition Leather Price in Ethiopia (CIF) - 2022
- Composition Leather Exports in Ethiopia
- Composition Leather Imports in Ethiopia
Composition Leather Price in Ethiopia (FOB) - 2022
In 2022, the average composition leather export price amounted to $5.1 per square meter, picking up by 32% against the previous year. In general, the export price showed a mild increase. The pace of growth appeared the most rapid in 2018 when the average export price increased by 175%. The export price peaked at $9.5 per square meter in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cambodia ($6.4 per square meter), while the average price for exports to Indonesia amounted to $3.6 per square meter.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Cambodia (+3.7%).
Composition Leather Price in Ethiopia (CIF) - 2022
The average composition leather import price stood at $3.1 per square meter in 2022, stabilizing at the previous year. In general, the import price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2015 an increase of 55%. Over the period under review, average import prices hit record highs at $8.1 per square meter in 2016; however, from 2017 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 Italy ($17 per square meter), while the price for Turkey ($0.6 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+11.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Composition Leather Exports in Ethiopia
In 2022, overseas shipments of composition leather were finally on the rise to reach 113 square meters after two years of decline. In general, exports, however, recorded a sharp decline. The exports peaked at 1.6K square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, composition leather exports soared to $575 in 2022. Over the period under review, exports, however, recorded a dramatic setback. Over the period under review, the exports hit record highs at $15K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Composition Leather in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 15.2 | 3.4 | 0.3 | 1.9 | -50.0% |
| Indonesia | 0.2 | 0.1 | N/A | N/A | -50.0% |
| Others | N/A | N/A | N/A | -1.3 | 0% |
| Total | 15.3 | 3.5 | 0.3 | 0.6 | -66.0% |
Top Export Markets for Composition Leather from Ethiopia in 2022:
- Cambodia (292.0 square meters)
- Indonesia (8.0 square meters)
Composition Leather Imports in Ethiopia
In 2022, composition leather imports into Ethiopia contracted notably to 320 square meters, shrinking by -20% against the year before. Over the period under review, imports saw a dramatic downturn. The growth pace was the most rapid in 2021 when imports increased by 77% against the previous year. Imports peaked at 6K square meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, composition leather imports declined markedly to $999 in 2022. Overall, imports showed a precipitous curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 29%. Imports peaked at $33K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Composition Leather in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 26.3 | 0.1 | 0.1 | 0.5 | -73.3% |
| Italy | 4.2 | 0.6 | 0.7 | 0.4 | -54.3% |
| Turkey | 0.7 | 0.1 | 0.2 | 0.1 | -47.7% |
| Hong Kong SAR | 1.3 | 0.2 | 0.2 | 0.1 | -57.5% |
| Others | N/A | N/A | N/A | -0.1 | 0% |
| Total | 32.6 | 1.0 | 1.2 | 1.0 | -68.7% |
Top Suppliers of Composition Leather to Ethiopia in 2022:
- Turkey (209.0 square meters)
- China (73.0 square meters)
- Italy (22.0 square meters)
- Hong Kong SAR (9.0 square meters)
558
This report provides an in-depth analysis of the global composition leather market.
558
This report provides an in-depth analysis of the global composition leather market.
918
In value terms, composition leather imports amounted to $X in 2016. In general, composition leather imports continue to indicate a slight setback. Over the period under review, global composition l...
1234
In value terms, composition leather exports stood at $X in 2016. Overall, composition leather exports continue to indicate a mild contraction. Over the period under review, global composition leath...
918
In value terms, composition leather imports amounted to $X in 2016. In general, composition leather imports continue to indicate a slight setback. Over the period under review, global composition l...
1234
In value terms, composition leather exports stood at $X in 2016. Overall, composition leather exports continue to indicate a mild contraction. Over the period under review, global composition leath...
