Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Tanzania - 2023

Contents:

  1. Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Tanzania (CIF) - 2022
  2. Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Tanzania (FOB) - 2022
  3. Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Tanzania
  4. Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Tanzania

Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Tanzania (CIF) - 2022

The average import price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $1.1 per unit in 2022, growing by 12% against the previous year. In general, the import price posted a strong increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 94% against the previous year. Over the period under review, average import prices attained the maximum at $1.6 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 France ($3 per unit), while the price for the United Arab Emirates ($335 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+24.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Tanzania (FOB) - 2022

The average export price for stemware drinking glasses, other than of lead crystal or glass-ceramicses stood at $2 per unit in 2022, picking up by 96% against the previous year. Overall, the export price continues to indicate a noticeable expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 283% against the previous year. The export price peaked at $4.4 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($9.5 per unit), while the average price for exports to Zambia ($169 per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zimbabwe (+16.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Tanzania

In 2022, approx. 141K units of stemware drinking glasses, other than of lead crystal or glass-ceramicses were imported into Tanzania; picking up by 24% on the previous year's figure. Over the period under review, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 123% against the previous year. As a result, imports reached the peak of 180K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of stemware drinking glasses, other than of lead crystal or glass-ceramicses skyrocketed to $158K in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 40%. As a result, imports reached the peak of $185K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China25.849.126.471.340.3%
France35.741.621.050.212.0%
Turkey8.413.324.69.64.6%
Bulgaria0.4N/A4.27.4164.5%
United Arab Emirates2.50.55.91.8-10.4%
Thailand4.74.64.11.1-38.4%
United States0.142.70.30.458.7%
CanadaN/A20.66.0N/A-70.9%
Others54.412.421.916.0-33.5%
Total1321851141586.2%

Top Suppliers of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics to Tanzania in 2022:

  1. China (93.2K units)
  2. France (16.9K units)
  3. Turkey (7.4K units)
  4. United Arab Emirates (5.3K units)
  5. Bulgaria (4.6K units)
  6. Thailand (2.5K units)
  7. United States (1.7K units)

Exports of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Tanzania

In 2022, the amount of stemware drinking glasses, other than of lead crystal or glass-ceramicses exported from Tanzania surged to 7K units, jumping by 57% against the year before. Overall, exports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 314% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, exports of stemware drinking glasses, other than of lead crystal or glass-ceramicses soared to $14K in 2022. Over the period under review, exports continue to indicate a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the CongoN/AN/A4.37.574.4%
United KingdomN/A3.4N/A5.830.6%
BurundiN/AN/AN/A0.40%
South Africa1.2N/AN/A0.1-56.3%
ZambiaN/AN/AN/A0.10%
ArubaN/A0.1N/AN/A0%
UgandaN/AN/A0.1N/A0%
Germany0.2N/AN/AN/A0%
Others7.7N/A0.20.2-70.4%
Total9.03.64.614.116.1%

Top Export Markets for Stemware Drinking Glasses, Other than of Lead Crystal or Glass-Ceramics from Tanzania in 2022:

  1. Democratic Republic of the Congo (5.0K units)
  2. Zambia (0.7K units)
  3. United Kingdom (0.6K units)
  4. Burundi (0.5K units)

Source: IndexBox Market Intelligence Platform

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