Ethiopia: Textile Tubing Market 2024

Textile Tubing Market Size in Ethiopia

The Ethiopian textile tubing market shrank modestly to $X in 2022, remaining stable against the previous year. Overall, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by +0.9% against 2020 indices. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Textile Tubing Production in Ethiopia

In value terms, textile tubing production contracted to $X in 2022 estimated in export price. Overall, the total production indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by +0.7% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 63%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Textile Tubing Exports

Exports from Ethiopia

For the sixth consecutive year, Ethiopia recorded growth in shipments abroad of textile hosepiping and similar textile tubing, which increased by 206% to X kg in 2019. Over the period under review, exports, however, showed a significant curtailment. Over the period under review, the exports reached the peak figure at X kg in 2012; however, from 2013 to 2019, the exports stood at a somewhat lower figure.

In value terms, textile tubing exports soared to $X in 2019. In general, exports, however, faced a dramatic contraction. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2019, the exports stood at a somewhat lower figure.

Exports by Country

Cote d'Ivoire (X kg) was the main destination for textile tubing exports from Ethiopia, accounting for a approx. 100% share of total exports.

From 2012 to 2019, the average annual growth rate of volume to Cote d'Ivoire was relatively modest.

In value terms, Cote d'Ivoire ($X) emerged as the key foreign market for textile hosepiping and similar textile tubing exports from Ethiopia.

From 2012 to 2019, the average annual growth rate of value to Cote d'Ivoire was relatively modest.

Export Prices by Country

In 2019, the average textile tubing export price amounted to $X per ton, with a decrease of -57.2% against the previous year. Over the period under review, the export price saw a pronounced descent. The export price peaked at $X per ton in 2018, and then reduced remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for Cote d'Ivoire.

From 2012 to 2019, the rate of growth in terms of prices for Cote d'Ivoire amounted to 0.0% per year.

Textile Tubing Imports

Imports into Ethiopia

In 2022, the amount of textile hosepiping and similar textile tubing imported into Ethiopia fell sharply to X tons, with a decrease of -24.1% on 2021 figures. Over the period under review, imports saw a abrupt downturn. The growth pace was the most rapid in 2019 when imports increased by 148%. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, textile tubing imports dropped significantly to $X in 2022. In general, imports showed a drastic downturn. The most prominent rate of growth was recorded in 2019 with an increase of 125%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Australia (X tons) constituted the largest supplier of textile tubing to Ethiopia, with a 58% share of total imports. Moreover, textile tubing imports from Australia exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by the United Arab Emirates (X tons), with a 5.8% share.

From 2012 to 2022, the average annual growth rate of volume from Australia amounted to -14.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-19.1% per year) and the United Arab Emirates (+16.1% per year).

In value terms, Australia ($X) constituted the largest supplier of textile hosepiping and similar textile tubing to Ethiopia, comprising 53% of total imports. The second position in the ranking was held by China ($X), with a 13% share of total imports. It was followed by France, with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Australia amounted to -20.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-22.3% per year) and France (+34.6% per year).

Import Prices by Country

In 2022, the average textile tubing import price amounted to $X per ton, growing by 3.3% against the previous year. Overall, the import price, however, saw a pronounced contraction. The pace of growth appeared the most rapid in 2020 an increase of 35% against the previous year. Over the period under review, average import prices hit record highs 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 France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+0.5%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform