Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Tanzania - 2023

Contents:

1. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Tanzania (CIF) - 2022
2. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Tanzania (FOB) - 2022
3. Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Tanzania
4. Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Tanzania

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Tanzania (CIF) - 2022

In 2022, the average import price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $0.2 per square meter, declining by -46.5% against the previous year. Over the period under review, the import price saw a abrupt descent. The growth pace was the most rapid in 2021 when the average import price increased by 83% against the previous year. Over the period under review, average import prices hit record highs at $0.5 per square meter in 2013; however, from 2014 to 2022, import prices remained at a 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 ($3.4 per square meter), while the price for Belgium ($0.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Tanzania (FOB) - 2022

In 2022, the average export price for textile fabrics, rubberised; other than those of heading no. 5902s amounted to $1 per square meter, which is down by -32.4% against the previous year. Overall, the export price showed a noticeable slump. The most prominent rate of growth was recorded in 2019 an increase of 602%. As a result, the export price attained the peak level of $15 per square meter. From 2020 to 2022, the average 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 Zambia ($1.5 per square meter), while the average price for exports to Zimbabwe ($0.2 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+7.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Tanzania

For the fourth year in a row, Tanzania recorded growth in purchases abroad of textile fabrics, rubberised; other than those of heading no. 5902s, which increased by 114% to 2.4M square meters in 2022. In general, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s expanded rapidly to $490K in 2022. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 89% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the near future.

Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to Tanzania in 2022:

1. China (1499.1K square meters)
2. Belgium (737.3K square meters)
3. India (37.9K square meters)
4. United Arab Emirates (10.6K square meters)

Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Tanzania

Exports of textile fabrics, rubberised; other than those of heading no. 5902s from Tanzania surged to 5.7K square meters in 2022, with an increase of 838% against 2021. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s skyrocketed to $5.7K in 2022. In general, exports, however, continue to indicate a precipitous descent. Over the period under review, the exports of reached the peak figure at $20K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from Tanzania in 2022:

1. Democratic Republic of the Congo (4.8K square meters)
2. Zambia (0.4K square meters)
3. Zimbabwe (0.4K square meters)
4. United Kingdom (0.1K square meters)

Source: IndexBox Market Intelligence Platform