Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Tanzania - 2022

Contents:

  1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Tanzania (CIF) - 2022
  2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Tanzania (FOB) - 2022
  3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Tanzania
  4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Tanzania

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Tanzania (CIF) - 2022

In 2022, the average import price for felt; whether or not impregnated, coated, covered or laminateds amounted to $2,402 per ton, dropping by -38.1% against the previous year. In general, the import price recorded a noticeable curtailment. The pace of growth was the most pronounced in 2017 when the average import price increased by 56%. Over the period under review, average import prices reached the maximum at $3,883 per ton in 2021, and then contracted rapidly in the following year.

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 South Africa ($4,724 per ton), while the price for China ($1,483 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Tanzania (FOB) - 2022

The average export price for felt; whether or not impregnated, coated, covered or laminateds stood at $11,690 per ton in 2022, growing by 30% against the previous year. Overall, the export price posted a significant increase. The pace of growth was the most pronounced in 2014 an increase of 67%. The export price peaked in 2022 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for Kenya.

From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to +21.6% per year.

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Tanzania

In 2022, imports of felt; whether or not impregnated, coated, covered or laminateds into Tanzania soared to 133 tons, growing by 39% against the previous year's figure. In general, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 199%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds declined to $320K in 2022. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 299% against the previous year. As a result, imports reached the peak of $371K, and then reduced in the following year.

Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey1.90.24.1141320.2%
China60.737.690.111423.4%
India18.322.938.540.230.0%
South Africa52.019.520216.4-31.9%
Others10.712.736.57.9-9.6%
Total14492.937132030.5%

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Tanzania in 2022:

  1. China (77.0 tons)
  2. Turkey (40.1 tons)
  3. India (11.7 tons)
  4. South Africa (3.5 tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Tanzania

In 2022, exports of felt; whether or not impregnated, coated, covered or laminateds from Tanzania skyrocketed to 400 kg, rising by 126% on 2021. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds soared to $4.7K in 2022. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KenyaN/AN/AN/A4.70%
Rwanda0.50.91.6N/A78.9%
Others0.1N/AN/AN/A0%
Total0.50.91.64.7111.0%

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Tanzania in 2022:

  1. Kenya (400.0 kg)

Source: IndexBox Market Intelligence Platform

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