Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Tanzania - 2022

Contents:

  1. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Tanzania (CIF) - 2022
  2. Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Tanzania (FOB) - 2022
  3. Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Tanzania
  4. Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Tanzania

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Tanzania (CIF) - 2022

In December 2021, the average import price for tarpaulins, awnings and sunblinds of synthetic fibreses amounted to $1,079 per ton, reducing by -33.9% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in July 2021 an increase of 510% m-o-m. The import price peaked at $4,319 per ton in August 2021; however, from September 2021 to December 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Kenya ($4,425 per ton), while the price for China stood at $881 per ton.

From January 2021 to December 2021, the most notable rate of growth in terms of prices was attained by Kenya (+2.2%).

Price for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Tanzania (FOB) - 2022

The average export price for tarpaulins, awnings and sunblinds of synthetic fibreses stood at $3,005 per ton in 2022, increasing by 4.5% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 97%. The export price peaked at $3,171 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($3,803 per ton), while the average price for exports to Uganda ($1,639 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 Burundi (+1,313.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Tanzania

In 2022, the amount of tarpaulins, awnings and sunblinds of synthetic fibreses imported into Tanzania surged to 1.2K tons, with an increase of 46% against the previous year's figure. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 57%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, imports of tarpaulins, awnings and sunblinds of synthetic fibreses declined markedly to $2.2M in 2022. In general, imports, however, showed a pronounced contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 14% against the previous year. As a result, imports reached the peak of $2.8M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,8301,9031,4081,604-4.3%
Kenya15135749435933.5%
United Arab Emirates0.21210.490.5667.7%
Pakistan2072065622.9-75.9%
Others249204246133-18.9%
Total2,4372,7902,7102,190-3.5%

Top Suppliers of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres to Tanzania in 2022:

  1. China (1047.5 tons)
  2. United Arab Emirates (113.0 tons)
  3. Kenya (52.9 tons)
  4. Pakistan (0.3 tons)

Exports of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Tanzania

For the third year in a row, Tanzania recorded decline in overseas shipments of tarpaulins, awnings and sunblinds of synthetic fibreses, which decreased by -27.4% to 13 tons in 2022. Over the period under review, exports showed a dramatic shrinkage. The smallest decline of -26.2% was in 2021.

In value terms, exports of tarpaulins, awnings and sunblinds of synthetic fibreses declined significantly to $38K in 2022. Overall, exports showed a sharp downturn. The smallest decline of -24.1% was in 2020.

Export of Tarpaulins, Awnings and Sunblinds of Synthetic Fibres in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya63.753.743.033.1-19.6%
Zambia2.30.73.02.52.8%
Malawi4.58.12.61.8-26.3%
Uganda0.70.50.60.4-17.0%
Rwanda12.21.50.90.3-70.9%
Others4.31.90.20.1-71.5%
Total87.766.550.538.3-24.1%

Top Export Markets for Tarpaulins, Awnings and Sunblinds of Synthetic Fibres from Tanzania in 2022:

  1. Kenya (11.1 tons)
  2. Zambia (0.7 tons)
  3. Malawi (0.6 tons)
  4. Uganda (0.2 tons)
  5. Rwanda (0.1 tons)

Source: IndexBox Market Intelligence Platform

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