Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Tanzania - 2023

Contents:

1. Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Tanzania (FOB) - 2022
2. Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Tanzania (CIF) - 2022
3. Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Tanzania
4. Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Tanzania

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Tanzania (FOB) - 2022

The average export price for yarn of other vegetable textile fibres; paper yarns stood at $1,604 per ton in 2022, falling by -4.9% against the previous year. Overall, the export price showed a pronounced decrease. The pace of growth appeared the most rapid in 2014 when the average export price increased by 28% against the previous year. The export price peaked at $2,799 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($3,235 per ton), while the average price for exports to Senegal ($281 per ton) was amongst the lowest.

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

Price for Yarn of Other Vegetable Textile Fibres; Paper Yarn in Tanzania (CIF) - 2022

In 2022, the average import price for yarn of other vegetable textile fibres; paper yarns amounted to $459 per ton, picking up by 4.5% against the previous year. Overall, the import price, however, saw a noticeable setback. The most prominent rate of growth was recorded in 2019 an increase of 24% against the previous year. Over the period under review, average import prices hit record highs at $871 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 -3.0% per year.

Exports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Tanzania

In 2022, approx. 2.3K tons of yarn of other vegetable textile fibres; paper yarns were exported from Tanzania; jumping by 160% compared with the year before. In general, exports showed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of yarn of other vegetable textile fibres; paper yarns surged to $3.7M in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Yarn of Other Vegetable Textile Fibres; Paper Yarn from Tanzania in 2022:

1. Nigeria (1381.4 tons)
2. China (325.0 tons)
3. Senegal (159.0 tons)
4. Ghana (140.6 tons)
5. Italy (91.2 tons)
6. Spain (43.5 tons)
7. India (36.0 tons)

Imports of Yarn of Other Vegetable Textile Fibres; Paper Yarn in Tanzania

In 2022, the amount of yarn of other vegetable textile fibres; paper yarns imported into Tanzania surged to 429 tons, growing by 323% on the previous year. In general, imports recorded a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of yarn of other vegetable textile fibres; paper yarns surged to $197K in 2022. Over the period under review, imports posted a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Yarn of Other Vegetable Textile Fibres; Paper Yarn to Tanzania in 2022:

1. China (429.3 tons)

Source: IndexBox Market Intelligence Platform