Price for Fibres; Synthetic Filament Tow, of Polyesters in Tanzania - 2022

Contents:

  1. Price for Fibres; Synthetic Filament Tow, of Polyesters in Tanzania (FOB) - 2022
  2. Price for Fibres; Synthetic Filament Tow, of Polyesters in Tanzania (CIF) - 2022
  3. Exports of Fibres; Synthetic Filament Tow, of Polyesters in Tanzania
  4. Imports of Fibres; Synthetic Filament Tow, of Polyesters in Tanzania

Price for Fibres; Synthetic Filament Tow, of Polyesters in Tanzania (FOB) - 2022

In 2022, the average export price for fibres; synthetic filament tow, of polyesterses amounted to $3,014 per ton, jumping by 960% against the previous year. Overall, the export price recorded a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2013 to 2022, the rate of growth in terms of prices for Uganda amounted to 0.0% per year.

Price for Fibres; Synthetic Filament Tow, of Polyesters in Tanzania (CIF) - 2022

The average import price for fibres; synthetic filament tow, of polyesterses stood at $3,154 per ton in 2022, declining by -2.4% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for fibres; synthetic filament tow, of polyesterses increased by +8.4% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 56% against the previous year. Over the period under review, average import prices reached the maximum at $3,986 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($4,614 per ton), while the price for China ($2,369 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+84.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Fibres; Synthetic Filament Tow, of Polyesters in Tanzania

Exports of fibres; synthetic filament tow, of polyesterses from Tanzania soared to 5 tons in 2022, with an increase of 604% compared with the year before. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of fibres; synthetic filament tow, of polyesterses surged to $15K in 2022. In general, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fibres; Synthetic Filament Tow, of Polyesters in Tanzania (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
RwandaN/A15.10%
Uganda0.2N/A0%
OthersN/AN/A0%
Total0.215.17450.0%

Top Export Markets for Fibres; Synthetic Filament Tow, of Polyesters from Tanzania in 2022:

  1. Rwanda (5.0 tons)

Imports of Fibres; Synthetic Filament Tow, of Polyesters in Tanzania

In 2022, approx. 292 tons of fibres; synthetic filament tow, of polyesterses were imported into Tanzania; which is down by -34% on the previous year. Over the period under review, imports, however, showed buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 212%. As a result, imports reached the peak of 443 tons, and then fell remarkably in the following year.

In value terms, imports of fibres; synthetic filament tow, of polyesterses reduced dramatically to $922K in 2022. In general, imports, however, enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of 246%. As a result, imports attained the peak of $1.4M, and then dropped rapidly in the following year.

Import of Fibres; Synthetic Filament Tow, of Polyesters in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea11019384473288.1%
China42979.7564124-33.9%
South AfricaN/A105N/A66.0-20.7%
Japan58.635.822.7N/A-37.8%
OthersN/AN/AN/AN/A0%
Total5984131,43192215.5%

Top Suppliers of Fibres; Synthetic Filament Tow, of Polyesters to Tanzania in 2022:

  1. South Korea (225.7 tons)
  2. China (52.4 tons)
  3. South Africa (14.3 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fibres; synthetic filament tow, of polyesters - Tanzania