Price for Braids; in the Piece in Tanzania - 2022

Contents:

  1. Price for Braids; in the Piece in Tanzania (FOB) - 2022
  2. Price for Braids; in the Piece in Tanzania (CIF) - 2022
  3. Exports of Braids; in the Piece in Tanzania
  4. Imports of Braids; in the Piece in Tanzania

Price for Braids; in the Piece in Tanzania (FOB) - 2022

The average braids; in the piece export price stood at $2,383 per ton in 2022, jumping by 27% against the previous year. In general, the export price enjoyed prominent growth. The growth pace was the most rapid in 2013 an increase of 321% against the previous year. As a result, the export price reached the peak level of $3,107 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($2,392 per ton), while the average price for exports to Democratic Republic of the Congo amounted to $542 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+10.5%).

Price for Braids; in the Piece in Tanzania (CIF) - 2022

The average braids; in the piece import price stood at $2,285 per ton in 2022, with a decrease of -56.2% against the previous year. Over the period under review, the import price recorded a abrupt setback. The growth pace was the most rapid in 2016 an increase of 41%. As a result, import price attained the peak level of $7,136 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Kenya ($19,476 per ton), while the price for China totaled $1,787 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+19.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Braids; in the Piece in Tanzania

After two years of decline, overseas shipments of braids; in the pieces increased by 622% to 88 tons in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, braids; in the piece exports surged to $209K in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Braids; in the Piece in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Zimbabwe1.21.79.8209458.5%
Democratic Republic of the Congo29.115.29.70.2-81.0%
Others5.82.13.30.1-74.2%
Total36.119.022.820979.6%

Top Export Markets for Braids; in the Piece from Tanzania in 2022:

  1. Zimbabwe (87.3 tons)
  2. Democratic Republic of the Congo (0.4 tons)

Imports of Braids; in the Piece in Tanzania

Braids; in the piece imports into Tanzania shrank sharply to 2.5 tons in 2022, waning by -81.9% compared with the year before. Over the period under review, imports faced a dramatic contraction. The most prominent rate of growth was recorded in 2021 with an increase of 181% against the previous year.

In value terms, braids; in the piece imports shrank markedly to $5.8K in 2022. Overall, imports continue to indicate a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 263% against the previous year.

Import of Braids; in the Piece in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China32.410.28.24.5-48.2%
India19.61.32.60.1-82.8%
United Arab Emirates33.76.942.5N/A12.3%
South Africa1.90.57.7N/A101.3%
Others0.71.112.01.219.7%
Total88.320.173.05.8-59.7%

Top Suppliers of Braids; in the Piece to Tanzania in 2022:

  1. China (2504.0 kg)
  2. India (4.0 kg)

Source: IndexBox Market Intelligence Platform

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