Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Ethiopia - 2022

Contents:

1. Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Ethiopia (CIF) - 2022
2. Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Ethiopia

Price for Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Ethiopia (CIF) - 2022

In 2022, the average import price for silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s amounted to $40,667 per ton, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.3%. The pace of growth was the most pronounced in 2013 when the average import price increased by 8.6% against the previous year. Over the period under review, average import prices hit record highs at $40,700 per ton in 2019; afterwards, it flattened through to 2022.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +4.5% per year.

Imports of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) in Ethiopia

In 2022, overseas purchases of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s decreased by 0% to 6 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a abrupt slump. The smallest decline of -40% was in 2020.

In value terms, imports of silk waste (including cocoons unsuitable for reeling, yarn waste and garnetted stock)s amounted to $244 in 2022. In general, imports saw a abrupt contraction. The smallest decline of -40% was in 2020.

Top Suppliers of Silk Waste (Including Cocoons Unsuitable for Reeling, Yarn Waste and Garnetted Stock) to Ethiopia in 2022:

1. Germany (6.0 kg)

Source: IndexBox Market Intelligence Platform