Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Tanzania - 2023

Contents:

  1. Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Tanzania (CIF) - 2022
  2. Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Tanzania

Price for Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Tanzania (CIF) - 2022

The average import price for fabrics, woven; from strip or the like, of synthetic textile materialses stood at $0.3 per square meter in 2022, picking up by 62% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by 230%. As a result, import price attained the peak level of $0.5 per square meter. From 2016 to 2022, the average import prices remained at a 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 the Netherlands ($0.5 per square meter), while the price for Taiwan (Chinese) ($0.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Tanzania

In 2022, the amount of fabrics, woven; from strip or the like, of synthetic textile materialses imported into Tanzania shrank remarkably to 163K square meters, waning by -42.8% on the previous year. Over the period under review, imports, however, showed tangible growth. The pace of growth appeared the most rapid in 2021 when imports increased by 918% against the previous year. As a result, imports reached the peak of 286K square meters, and then fell notably in the following year.

In value terms, imports of fabrics, woven; from strip or the like, of synthetic textile materialses fell to $48K in 2022. Overall, imports, however, saw a buoyant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 466% against the previous year. As a result, imports attained the peak of $52K, and then contracted in the following year.

Import of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands9.56.712.932.951.3%
Taiwan (Chinese)N/AN/AN/A6.70%
India0.1N/A9.83.1214.1%
China2.22.528.50.6-35.2%
United Arab Emirates27.1N/A0.3N/A-89.5%
Others0.1N/A0.75.1270.8%
Total38.99.252.248.37.5%

Top Suppliers of Fabrics, Woven; from Strip or the Like, of Synthetic Textile Materials to Tanzania in 2022:

  1. Taiwan (Chinese) (73.2K square meters)
  2. Netherlands (62.1K square meters)
  3. India (24.2K square meters)
  4. China (3.4K square meters)

Source: IndexBox Market Intelligence Platform

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