Price for Wigs; Complete, of Synthetic Textile Materials in Tanzania - 2023

Contents:

  1. Price for Wigs; Complete, of Synthetic Textile Materials in Tanzania (FOB) - 2022
  2. Price for Wigs; Complete, of Synthetic Textile Materials in Tanzania (CIF) - 2022
  3. Exports of Wigs; Complete, of Synthetic Textile Materials in Tanzania
  4. Imports of Wigs; Complete, of Synthetic Textile Materials in Tanzania

Price for Wigs; Complete, of Synthetic Textile Materials in Tanzania (FOB) - 2022

The average export price for wigs; complete, of synthetic textile materialses stood at $19 per unit in 2022, rising by 63% against the previous year. Overall, the export price continues to indicate buoyant growth. The growth pace was the most rapid in 2019 an increase of 1,037% against the previous year. As a result, the export price reached the peak level of $93 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($115 per unit), while the average price for exports to France stood at $5.9 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Wigs; Complete, of Synthetic Textile Materials in Tanzania (CIF) - 2022

The average import price for wigs; complete, of synthetic textile materialses stood at $1.5 per unit in 2022, surging by 29% against the previous year. In general, the import price, however, continues to indicate a pronounced slump. The pace of growth appeared the most rapid in 2016 an increase of 96%. Over the period under review, average import prices reached the maximum at $2 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.1% per year.

Exports of Wigs; Complete, of Synthetic Textile Materials in Tanzania

In 2022, shipments abroad of wigs; complete, of synthetic textile materialses decreased by -84.3% to 2.5K units, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a perceptible descent. The most prominent rate of growth was recorded in 2020 when exports increased by 1,544% against the previous year. As a result, the exports reached the peak of 44K units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of wigs; complete, of synthetic textile materialses fell markedly to $48K in 2022. Overall, exports saw a precipitous curtailment. The growth pace was the most rapid in 2021 when exports increased by 78% against the previous year. Over the period under review, the exports of hit record highs at $248K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Wigs; Complete, of Synthetic Textile Materials in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustraliaN/AN/A16.634.5107.8%
France0.12.086.113.0406.6%
United States24710283.3N/A-41.9%
Others0.70.91.10.3-24.6%
Total24810518747.8-42.2%

Top Export Markets for Wigs; Complete, of Synthetic Textile Materials from Tanzania in 2022:

  1. France (2197.0 units)
  2. Australia (301.0 units)

Imports of Wigs; Complete, of Synthetic Textile Materials in Tanzania

In 2022, purchases abroad of wigs; complete, of synthetic textile materialses decreased by -84.7% to 6.4K units, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a sharp decrease. The most prominent rate of growth was recorded in 2020 with an increase of 69% against the previous year. As a result, imports reached the peak of 69K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of wigs; complete, of synthetic textile materialses fell notably to $9.6K in 2022. In general, imports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of 70% against the previous year. As a result, imports attained the peak of $119K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Wigs; Complete, of Synthetic Textile Materials in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China66.711944.78.5-49.7%
Others3.50.34.31.2-30.0%
Total70.211949.09.6-48.5%

Top Suppliers of Wigs; Complete, of Synthetic Textile Materials to Tanzania in 2022:

  1. China (6.3K units)

Source: IndexBox Market Intelligence Platform

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