Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Ethiopia - 2022
Contents:
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Ethiopia (CIF) - 2022
- Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Ethiopia (FOB) - 2022
- Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Ethiopia
- Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Ethiopia
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Ethiopia (CIF) - 2022
In 2022, the average import price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $3,368 per ton, picking up by 15% against the previous year. Over the period under review, the import price, however, saw a mild shrinkage. The import price peaked at $3,888 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sri Lanka ($10,832 per ton), while the price for Djibouti ($2,280 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+12.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Ethiopia (FOB) - 2022
In 2022, the average export price for fabrics, knitted or crocheted, of a width of > 30 cms amounted to $3,858 per ton, reducing by -19.4% against the previous year. Over the period under review, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 66% against the previous year. Over the period under review, the average export prices attained the peak figure at $8,478 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Kenya ($7,054 per ton), while the average price for exports to Thailand ($3,564 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 India (+448.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Ethiopia
In 2022, the amount of fabrics, knitted or crocheted, of a width of > 30 cms imported into Ethiopia soared to 2.2K tons, with an increase of 38% on the previous year's figure. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of fabrics, knitted or crocheted, of a width of > 30 cms surged to $7.5M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Ethiopia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.5 | 2.9 | 4.2 | 6.0 | 19.7% |
| Sri Lanka | N/A | N/A | N/A | 0.6 | 0% |
| United Arab Emirates | N/A | N/A | 0.1 | 0.5 | 400.0% |
| Turkey | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Djibouti | N/A | N/A | N/A | 0.1 | 0% |
| Thailand | N/A | 1.0 | 0.1 | N/A | -90.0% |
| Others | 0.1 | 0.2 | 0.4 | 0.1 | 0.0% |
| Total | 3.6 | 4.1 | 4.7 | 7.5 | 27.7% |
Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Ethiopia in 2022:
- China (1894.4 tons)
- United Arab Emirates (140.1 tons)
- Turkey (70.6 tons)
- Sri Lanka (54.1 tons)
- Djibouti (52.3 tons)
Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Ethiopia
In 2022, exports of fabrics, knitted or crocheted, of a width of > 30 cms from Ethiopia shrank slightly to 268 tons, with a decrease of -2.1% compared with the previous year's figure. Over the period under review, exports saw a deep downturn. The pace of growth was the most pronounced in 2021 with an increase of 4.4%.
In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms shrank notably to $1M in 2022. In general, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 73% against the previous year. As a result, the exports attained the peak of $1.3M, and then fell markedly in the following year.
| Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | N/A | N/A | 770 | 0% |
| India | N/A | N/A | 51.7 | 214 | 313.9% |
| Kenya | 171 | N/A | 55.9 | 34.9 | -41.1% |
| Uganda | 1,068 | N/A | N/A | N/A | 0% |
| Cambodia | N/A | N/A | 153 | N/A | 0% |
| Egypt | N/A | N/A | 1,005 | N/A | 0% |
| Italy | 46.2 | 722 | N/A | N/A | 1462.8% |
| Others | 17.7 | 36.0 | 44.8 | 15.8 | -3.7% |
| Total | 1,302 | 758 | 1,311 | 1,035 | -7.4% |
Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Ethiopia in 2022:
- Thailand (215.9 tons)
- India (46.6 tons)
- Kenya (4.9 tons)
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