Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Ethiopia - 2022

Contents:

1. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Ethiopia (CIF) - 2022
2. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Ethiopia (FOB) - 2022
3. Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Ethiopia
4. Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Ethiopia

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Ethiopia (CIF) - 2022

The average import price for tarpaulins, awnings and sunblinds of synthetic fibreses stood at $3,309 per ton in 2022, surging by 22% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tarpaulins, awnings and sunblinds of synthetic fibreses increased by +50.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 23%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($6,816 per ton), while the price for South Korea ($2,867 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Ethiopia (FOB) - 2022

In 2022, the average export price for tarpaulins, awnings and sunblinds of synthetic fibreses amounted to $7,968 per ton, approximately mirroring the previous year. In general, the export price showed a pronounced shrinkage. The pace of growth appeared the most rapid in 2013 when the average export price decreased by -6% against the previous year. Over the period under review, the average export prices attained the peak figure at $11,766 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Angola.

From 2012 to 2022, the rate of growth in terms of prices for Ghana amounted to 0.0% per year.

Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Ethiopia

In 2022, purchases abroad of tarpaulins, awnings and sunblinds of synthetic fibreses decreased by -27.5% to 833 tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a mild downturn. The pace of growth appeared the most rapid in 2020 with an increase of 84% against the previous year. As a result, imports attained the peak of 1.6K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of tarpaulins, awnings and sunblinds of synthetic fibreses reduced to $2.8M in 2022. The total import value increased at an average annual rate of +5.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 49%. As a result, imports reached the peak of $3.5M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres to Ethiopia in 2022:

1. China (707.2 tons)
2. Pakistan (68.9 tons)
3. Vietnam (16.0 tons)
4. Kenya (12.3 tons)
5. India (6.4 tons)

Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Ethiopia

In 2022, the amount of tarpaulins, awnings and sunblinds of synthetic fibreses exported from Ethiopia was estimated at 95 kg, remaining constant against the year before. Overall, exports recorded a significant expansion. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of tarpaulins, awnings and sunblinds of synthetic fibreses soared to $757 in 2022. Over the period under review, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 213%. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Top Export Markets for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres from Ethiopia in 2022:

1. Angola (95.0 kg)

Source: IndexBox Market Intelligence Platform