Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Tanzania - 2022
Contents:
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Tanzania (CIF) - 2022
- Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Tanzania (FOB) - 2022
- Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Tanzania
- Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Tanzania
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Tanzania (CIF) - 2022
In 2022, the average import price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) amounted to $928 per ton, increasing by 2.5% against the previous year. Over the period under review, the import price, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2017 an increase of 39% against the previous year. The import price peaked at $1,693 per ton in 2013; however, from 2014 to 2022, import prices stood 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 Hong Kong SAR ($1,438 per ton), while the price for the UK ($250 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+0.8%), while the prices for the other major suppliers experienced a decline.
Price for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Tanzania (FOB) - 2022
The average export price for furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $1,165 per ton in 2022, waning by -36.3% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 41%. The export price peaked at $1,829 per ton in 2021, and then dropped significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Africa ($2,040 per ton), while the average price for exports to Comoros ($413 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+38.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Tanzania
In 2022, the amount of furniture; of cane, osier, or similar materials (other than bamboo or rattan) imported into Tanzania rose significantly to 2.9K tons, growing by 9.3% on the previous year's figure. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 12%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, imports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) stood at $2.7M in 2022. Overall, imports, however, recorded a noticeable downturn.
| Import of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,340 | 1,580 | 1,664 | 1,968 | -5.6% |
| Hong Kong SAR | 24.7 | 68.6 | 57.4 | 64.6 | 37.8% |
| United Arab Emirates | 110 | 46.9 | 142 | 40.7 | -28.2% |
| United Kingdom | 9.4 | 11.4 | 30.4 | 16.4 | 20.4% |
| Others | 586 | 469 | 501 | 594 | 0.5% |
| Total | 3,070 | 2,177 | 2,395 | 2,683 | -4.4% |
Top Suppliers of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) to Tanzania in 2022:
- China (2513.1 tons)
- United Kingdom (65.4 tons)
- Hong Kong SAR (44.9 tons)
- United Arab Emirates (28.4 tons)
Exports of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Tanzania
In 2022, the amount of furniture; of cane, osier, or similar materials (other than bamboo or rattan) exported from Tanzania skyrocketed to 25 tons, jumping by 44% against the previous year. Over the period under review, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 108% against the previous year. As a result, the exports reached the peak of 50 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of furniture; of cane, osier, or similar materials (other than bamboo or rattan) dropped to $29K in 2022. Overall, exports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2020 when exports increased by 142%. As a result, the exports attained the peak of $84K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 0.7 | 1.4 | 7.3 | 10.1 | 143.4% |
| South Africa | 0.9 | 4.4 | 0.4 | 7.1 | 99.1% |
| Democratic Republic of the Congo | 1.1 | 0.7 | 0.1 | 3.0 | 39.7% |
| United States | N/A | 6.6 | 0.9 | 1.5 | -52.3% |
| France | 0.2 | 3.6 | N/A | 1.5 | 95.7% |
| United Kingdom | N/A | 1.4 | 0.8 | 0.8 | -24.4% |
| Comoros | 0.6 | 0.1 | 0.2 | 0.5 | -5.9% |
| Germany | 2.6 | 1.0 | 0.3 | 0.4 | -46.4% |
| United Arab Emirates | 1.3 | 1.6 | 0.1 | 0.3 | -38.7% |
| Cameroon | 2.0 | 5.4 | 2.3 | N/A | 7.2% |
| Denmark | 0.5 | 4.2 | N/A | N/A | 740.0% |
| Indonesia | N/A | 0.8 | N/A | N/A | 0% |
| Others | 24.5 | 52.3 | 18.8 | 3.4 | -48.2% |
| Total | 34.5 | 83.6 | 31.2 | 28.6 | -6.1% |
Top Export Markets for Furniture; of Cane, Osier, or Similar Materials (Other than Bamboo or Rattan) from Tanzania in 2022:
- Rwanda (8.9 tons)
- Democratic Republic of the Congo (4.0 tons)
- South Africa (3.5 tons)
- France (1.5 tons)
- United States (1.3 tons)
- Comoros (1.3 tons)
- United Kingdom (0.6 tons)
- Germany (0.4 tons)
- United Arab Emirates (0.2 tons)
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