Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Tanzania - 2023
Contents:
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Tanzania (FOB) - 2022
- Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Tanzania (CIF) - 2022
- Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Tanzania
- Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Tanzania
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Tanzania (FOB) - 2022
In 2022, the average export price for cotton yarn (other than sewing thread), put up for retail sale amounted to $3,860 per ton, shrinking by -4.1% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 87%. Over the period under review, the average export prices attained the maximum at $4,108 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to +20.5% per year.
Price for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Tanzania (CIF) - 2022
The average import price for cotton yarn (other than sewing thread), put up for retail sale stood at $908 per ton in 2022, waning by -44.6% against the previous year. In general, the import price saw a abrupt decline. The pace of growth was the most pronounced in 2020 when the average import price increased by 152%. The import price peaked at $3,985 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +2.9% per year.
Exports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Tanzania
In 2022, shipments abroad of cotton yarn (other than sewing thread), put up for retail sale decreased by -60.3% to 222 tons, falling for the second year in a row after two years of growth. Overall, exports faced a dramatic setback. The growth pace was the most rapid in 2020 when exports increased by 56%. As a result, the exports reached the peak of 2.3K tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of cotton yarn (other than sewing thread), put up for retail sale fell dramatically to $856K in 2022. In general, exports saw a sharp curtailment. The growth pace was the most rapid in 2020 with an increase of 60%. As a result, the exports reached the peak of $5M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Tanzania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.0 | 5.0 | 2.2 | 0.9 | -33.1% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 3.1 | 5.0 | 2.2 | 0.9 | -33.8% |
Top Export Markets for Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale from Tanzania in 2022:
- China (221.8 tons)
Imports of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Tanzania
In 2022, overseas purchases of cotton yarn (other than sewing thread), put up for retail sale were finally on the rise to reach 5.8 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a sharp curtailment.
In value terms, imports of cotton yarn (other than sewing thread), put up for retail sale reduced remarkably to $5.2K in 2022. Overall, imports, however, recorded a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 42%. As a result, imports reached the peak of $67K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 6.7 | 5.1 | -23.9% |
| India | N/A | 66.5 | 0.1 | N/A | -99.8% |
| South Africa | N/A | 0.7 | N/A | N/A | 0% |
| Italy | 46.8 | N/A | N/A | N/A | 0% |
| Others | 0.7 | 0.1 | N/A | 0.2 | -34.1% |
| Total | 47.4 | 67.3 | 6.9 | 5.2 | -52.1% |
Top Suppliers of Cotton Yarn (Other than Sewing Thread), Put Up for Retail Sale to Tanzania in 2022:
- China (5.7 tons)
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