Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Tanzania - 2023
Contents:
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Tanzania (CIF) - 2022
- Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Tanzania (FOB) - 2022
- Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Tanzania
- Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Tanzania
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Tanzania (CIF) - 2022
In 2022, the average import price for gloves, mittens and mitts; knitted or crocheted amounted to $137 per thousand pairs, shrinking by -24.1% against the previous year. Overall, the import price showed a abrupt curtailment. The pace of growth was the most pronounced in 2016 when the average import price increased by 45%. The import price peaked at $334 per thousand pairs in 2012; however, from 2013 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 South Africa ($2.8 per pair), while the price for the United Arab Emirates ($78 per thousand pairs) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+26.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Gloves, Mittens and Mitts; Knitted or Crocheted in Tanzania (FOB) - 2022
The average export price for gloves, mittens and mitts; knitted or crocheted stood at $97 per thousand pairs in 2022, waning by -81.1% against the previous year. Over the period under review, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2019 an increase of 386%. As a result, the export price attained the peak level of $1.4 per pair. From 2020 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From 2012 to 2022, the rate of growth in terms of prices for Kenya amounted to -17.4% per year.
Imports of Gloves, Mittens and Mitts; Knitted or Crocheted in Tanzania
For the fourth year in a row, Tanzania recorded growth in supplies from abroad of gloves, mittens and mitts; knitted or crocheted, which increased by 59% to 6.7M pairs in 2022. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of gloves, mittens and mitts; knitted or crocheted soared to $920K in 2022. The total import value increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Gloves, Mittens and Mitts; Knitted or Crocheted in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 380 | 394 | 344 | 706 | 22.9% |
Turkey | 64.1 | 98.3 | 113 | 31.2 | -21.3% |
India | 10.6 | 11.7 | 29.1 | 30.6 | 42.4% |
Netherlands | 21.0 | 0.1 | 18.0 | 9.2 | -24.1% |
Pakistan | 6.8 | 4.7 | 7.2 | 9.1 | 10.2% |
United Arab Emirates | 6.9 | 17.9 | 25.2 | 5.7 | -6.2% |
South Korea | 4.3 | 2.1 | 2.5 | 0.2 | -64.0% |
Others | 191 | 121 | 226 | 128 | -12.5% |
Total | 684 | 649 | 764 | 920 | 10.4% |
Top Suppliers of Gloves, Mittens and Mitts; Knitted or Crocheted to Tanzania in 2022:
- China (6043.6K pairs)
- India (189.5K pairs)
- Pakistan (110.5K pairs)
- United Arab Emirates (73.5K pairs)
- Netherlands (70.5K pairs)
- Turkey (58.6K pairs)
- South Korea (2.1K pairs)
Exports of Gloves, Mittens and Mitts; Knitted or Crocheted in Tanzania
Exports of gloves, mittens and mitts; knitted or crocheted from Tanzania soared to 359K pairs in 2022, rising by 5,513% against 2021. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of gloves, mittens and mitts; knitted or crocheted soared to $35K in 2022. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Gloves, Mittens and Mitts; Knitted or Crocheted in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Democratic Republic of the Congo | N/A | 0.1 | 0.4 | 20.9 | 1345.7% |
China | N/A | 8.7 | N/A | N/A | 0% |
Others | 1.7 | 6.0 | 2.9 | 13.9 | 101.5% |
Total | 1.7 | 14.7 | 3.3 | 34.8 | 173.6% |
Top Export Markets for Gloves, Mittens and Mitts; Knitted or Crocheted from Tanzania in 2022:
- Democratic Republic of the Congo (359.1K pairs)
Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
Global Knitted Gloves Market Report 2018. This report provides an in-depth analysis of the global knitted gloves market.
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