Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Tanzania - 2022

Contents:

1. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Tanzania (CIF) - 2022
2. Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Tanzania (FOB) - 2022
3. Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Tanzania
4. Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Tanzania

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Tanzania (CIF) - 2022

In 2022, the average import price for wadding; other articles thereof, of man-made fibreses amounted to $3,716 per ton, with an increase of 42% against the previous year. Overall, the import price continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2015 an increase of 635%. As a result, import price reached the peak level of $9,855 per ton. From 2016 to 2022, the average 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 Lithuania ($41,565 per ton), while the price for China ($481 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+65.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Tanzania (FOB) - 2022

The average export price for wadding; other articles thereof, of man-made fibreses stood at $11,815 per ton in 2022, which is down by -78.1% against the previous year. Overall, the export price, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 an increase of 2,008% against the previous year. As a result, the export price attained the peak level of $53,945 per ton, and then dropped remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for the Czech Republic.

From 2020 to 2022, the rate of growth in terms of prices for Ethiopia amounted to +2,267.5% per year.

Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Tanzania

In 2022, imports of wadding; other articles thereof, of man-made fibreses into Tanzania soared to 125 tons, with an increase of 109% on 2021 figures. Overall, imports continue to indicate 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 wadding; other articles thereof, of man-made fibreses skyrocketed to $465K in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Tanzania in 2022:

1. China (115.1 tons)
2. Lithuania (8.9 tons)
3. Ukraine (0.7 tons)

Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Tanzania

In 2022, the amount of wadding; other articles thereof, of man-made fibreses exported from Tanzania surged to 51 tons, increasing by 178% on the previous year's figure. Over the period under review, exports, however, saw a dramatic descent.

In value terms, exports of wadding; other articles thereof, of man-made fibreses reduced remarkably to $603K in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 363%. As a result, the exports reached the peak of $993K, and then declined remarkably in the following year.

Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Tanzania in 2022:

1. Czech Republic (51.1 tons)

Source: IndexBox Market Intelligence Platform