Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Tanzania - 2023

Contents:

  1. Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Tanzania (CIF) - 2022
  2. Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Tanzania

Price for Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Tanzania (CIF) - 2022

The average import price for ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s stood at $131 per thousand units in 2022, falling by -9.9% against the previous year. In general, the import price, however, saw pronounced growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 198% against the previous year. The import price peaked at $256 per thousand units in 2019; however, from 2020 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 China ($134 per thousand units), while the price for India stood at $77 per thousand units.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+14.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Tanzania

Imports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s into Tanzania surged to 524K units in 2022, rising by 108% compared with the year before. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 1,235%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of ties, bow ties and cravats; of man-made fibres (not knitted or crocheted)s soared to $69K in 2022. Overall, imports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 896%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China33.93.136.164.724.0%
IndiaN/A0.20.53.2300.0%
Others13.00.40.10.6-64.1%
Total46.93.736.768.613.5%

Top Suppliers of Ties, Bow Ties and Cravats; of Man-Made Fibres (Not Knitted or Crocheted) to Tanzania in 2022:

  1. China (482.0K units)
  2. India (41.6K units)

Source: IndexBox Market Intelligence Platform

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