The import of asbestos friction materials and articles thereof to Ethiopia has demonstrated a generally upward trend over the past decade. The value of imports stood at 8.1319 million US dollars in 2023. From 2013 to 2023, there were notable fluctuations, with significant year-on-year increases such as in 2015 (30.11%) and occasional declines, such as in 2020 (-12.69%), leading to an overall Compound Annual Growth Rate (CAGR) of 4.88% over the last five years.

The forecast suggests continued growth, with the import value expected to reach 9.8611 million US dollars by 2028. This indicates a forecast 5-year CAGR of 3.03%, which shows a steady, albeit slower, growth rate compared to previous years.

Future trends to watch for include:

Global regulatory changes regarding asbestos use.
Technological advancements in friction materials which may affect demand.
Economic conditions and industrial demand within Ethiopia.
Trade relationships and supply chain dynamics affecting import capabilities and costs.