Price for Wool, Not Carded or Combed in Ethiopia - 2022
Contents:
- Price for Wool, Not Carded or Combed in Ethiopia (CIF) - 2022
- Imports of Wool, Not Carded or Combed in Ethiopia
Price for Wool, Not Carded or Combed in Ethiopia (CIF) - 2022
In 2022, the average import price for wool, not carded or combed amounted to $14,938 per ton, jumping by 161% against the previous year. Overall, the import price continues to indicate buoyant growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +1,393.8% per year.
Imports of Wool, Not Carded or Combed in Ethiopia
In 2022, purchases abroad of wool, not carded or combed increased by 85,809% to 9.4 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, wool, not carded or combed imports skyrocketed to $141K in 2022. Over the period under review, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Wool, Not Carded or Combed in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 141 | 0% |
| India | 3.7 | 0.1 | N/A | N/A | -97.3% |
| United Arab Emirates | 1.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.3 | 0.1 | 0.1 | 141 | 198.5% |
Top Suppliers of Wool, Not Carded or Combed to Ethiopia in 2022:
- Turkey (9.4 tons)
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