Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Tanzania - 2023

Contents:

1. Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Tanzania (CIF) - 2022
2. Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Tanzania (FOB) - 2022
3. Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Tanzania
4. Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Tanzania

Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Tanzania (CIF) - 2022

In 2022, the average import price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber amounted to $603 per thousand pairs, growing by 15% against the previous year. In general, the import price, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 49% against the previous year. The import price peaked at $5 per pair in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($24 per pair), while the price for China ($395 per thousand pairs) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Tanzania (FOB) - 2022

The average export price for gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber stood at $68 per pair in 2022, growing by 30% against the previous year. Overall, the export price recorded a significant expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 100%. As a result, the export price attained the peak level of $153 per pair. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($217 per pair), while the average price for exports to Germany ($3.3 per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+9.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Tanzania

In 2022, supplies from abroad of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber decreased by -3.1% to 443K pairs for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 when imports increased by 46% against the previous year. As a result, imports reached the peak of 457K pairs, and then declined modestly in the following year.

In value terms, imports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber reached $267K in 2022. Overall, imports showed a drastic downturn. Over the period under review, imports of attained the maximum at $363K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber to Tanzania in 2022:

1. China (410.3K pairs)
2. Hong Kong SAR (9.9K pairs)
3. South Africa (5.0K pairs)
4. United Arab Emirates (0.5K pairs)

Exports of Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber in Tanzania

Exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber from Tanzania skyrocketed to 211 pairs in 2022, growing by 298% against the year before. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of gloves; knitted or crocheted, impregnated, coated or covered with plastics or rubber skyrocketed to $14K 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.

Top Export Markets for Gloves; Knitted or Crocheted, Impregnated, Coated or Covered with Plastics or Rubber from Tanzania in 2022:

1. Gabon (91.0 pairs)
2. Democratic Republic of the Congo (69.0 pairs)
3. Kenya (20.0 pairs)
4. Germany (15.0 pairs)
5. Mozambique (15.0 pairs)
6. Rwanda (1.0 pairs)

Source: IndexBox Market Intelligence Platform