Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Tanzania - 2022
Contents:
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Tanzania (CIF) - 2022
- Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Tanzania (FOB) - 2022
- Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Tanzania
- Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Tanzania
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Tanzania (CIF) - 2022
In 2022, the average import price for woven fabrics of carded wool or of carded fine animal hair amounted to $15 per square meter, growing by 14% against the previous year. In general, the import price saw a resilient increase. The pace of growth was the most pronounced in 2014 when the average import price increased by 111% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($28 per square meter), while the price for Italy ($2 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+52.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Tanzania (FOB) - 2022
In 2022, the average export price for woven fabrics of carded wool or of carded fine animal hair amounted to $3.3 per square meter, dropping by -5.1% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 78% against the previous year. The export price peaked at $3.6 per square meter in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Rwanda.
From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to +0.2% per year.
Imports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Tanzania
For the fourth consecutive year, Tanzania recorded growth in supplies from abroad of woven fabrics of carded wool or of carded fine animal hair, which increased by 1.3% to 5.1K square meters in 2022. The total import volume increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 5.4%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of woven fabrics of carded wool or of carded fine animal hair surged to $74K in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +15.3% 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 +53.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 15%. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 33.7 | 39.0 | 47.6 | 53.2 | 16.4% |
Hong Kong SAR | 5.7 | 6.9 | 8.8 | 10.3 | 21.8% |
United Arab Emirates | 7.7 | 6.8 | 5.5 | 6.9 | -3.6% |
South Africa | 0.2 | 0.3 | 0.7 | 0.7 | 51.8% |
India | 0.3 | 0.2 | 0.3 | 0.3 | 0.0% |
Italy | 0.3 | 0.2 | 0.2 | 0.2 | -12.6% |
Others | 0.3 | 2.1 | 1.1 | 2.3 | 97.2% |
Total | 48.2 | 55.6 | 64.1 | 74.0 | 15.4% |
Top Suppliers of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair to Tanzania in 2022:
- China (2807.0 square meters)
- Hong Kong SAR (1633.0 square meters)
- United Arab Emirates (242.0 square meters)
- South Africa (164.0 square meters)
- Italy (111.0 square meters)
- India (77.0 square meters)
Exports of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Tanzania
In 2022, after two years of decline, there was significant growth in overseas shipments of woven fabrics of carded wool or of carded fine animal hair, when their volume increased by 740% to 1.2K square meters. Over the period under review, exports, however, faced a dramatic downturn. Over the period under review, the exports of attained the peak figure at 2.3K square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of woven fabrics of carded wool or of carded fine animal hair surged to $3.8K in 2022. Overall, exports, however, continue to indicate a dramatic contraction. Over the period under review, the exports of hit record highs at $7.8K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Woven Fabrics of Carded Wool or of Carded Fine Animal Hair in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Rwanda | 7.8 | 3.1 | 0.5 | 3.8 | -21.3% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 7.8 | 3.1 | 0.5 | 3.8 | -21.3% |
Top Export Markets for Woven Fabrics of Carded Wool or of Carded Fine Animal Hair from Tanzania in 2022:
- Rwanda (1150.0 square meters)
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