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Tanzania - Sewing Machine Needles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSewing Machine Needle Price in Tanzania - 2022
Contents:
- Sewing Machine Needle Price in Tanzania (CIF) - 2022
- Sewing Machine Needle Price in Tanzania (FOB) - 2022
- Sewing Machine Needle Imports in Tanzania
- Sewing Machine Needle Exports in Tanzania
Sewing Machine Needle Price in Tanzania (CIF) - 2022
In 2022, the average sewing machine needle import price amounted to less than $0.1 per unit, dropping by -61.4% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The growth pace was the most rapid in 2013 an increase of 46%. The import price peaked at $0.1 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 China ($0.1 per unit), while the price for Pakistan (less than $0.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.6%), while the prices for the other major suppliers experienced a decline.
Sewing Machine Needle Price in Tanzania (FOB) - 2022
In 2022, the average sewing machine needle export price amounted to less than $0.1 per unit, with a decrease of -89.4% against the previous year. Overall, the export price continues to indicate a precipitous contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by 624% against the previous year. As a result, the export price reached the peak level of $0.7 per unit. From 2018 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Burundi.
From 2012 to 2022, the rate of growth in terms of prices for Zambia amounted to -0.7% per year.
Sewing Machine Needle Imports in Tanzania
Sewing machine needle imports into Tanzania surged to 1.5M units in 2022, increasing by 71% on the previous year's figure. Over the period under review, imports saw a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, sewing machine needle imports reduced markedly to $68K in 2022. Overall, imports, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 19%. Over the period under review, imports attained the peak figure at $104K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Sewing Machine Needle in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 43.1 | 46.7 | 65.6 | 50.9 | 5.7% |
United Arab Emirates | 1.6 | 3.1 | 0.9 | 3.9 | 34.6% |
Germany | 32.4 | 12.7 | 7.4 | 1.8 | -61.8% |
Vietnam | 0.4 | 1.8 | 1.7 | 1.1 | 40.1% |
Malawi | N/A | N/A | N/A | 0.6 | 0% |
Netherlands | 4.1 | 0.1 | 0.1 | 0.1 | -71.0% |
Oman | 2.3 | 2.5 | 3.7 | N/A | 26.8% |
Pakistan | N/A | N/A | N/A | N/A | 0% |
Others | 20.4 | 19.3 | 23.6 | 9.5 | -22.5% |
Total | 104 | 86.1 | 103 | 68.0 | -13.2% |
Top Suppliers of Sewing Machine Needle to Tanzania in 2022:
- Vietnam (696.7K units)
- China (383.4K units)
- Netherlands (170.0K units)
- Malawi (100.0K units)
- United Arab Emirates (69.5K units)
- Pakistan (55.6K units)
- Germany (4.0K units)
Sewing Machine Needle Exports in Tanzania
For the fourth year in a row, Tanzania recorded growth in shipments abroad of sewing machine needles, which increased by 225% to 80K units in 2022. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 717% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in years to come.
In value terms, sewing machine needle exports fell dramatically to $295 in 2022. Overall, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 224%. The exports peaked at $856 in 2021, and then contracted sharply in the following year.
Export of Sewing Machine Needle in Tanzania (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Burundi | N/A | 99.0 | 37.0 | 295 | 72.6% |
Zambia | 135 | 267 | 404 | N/A | 73.0% |
Democratic Republic of the Congo | 49.0 | 348 | 379 | N/A | 178.1% |
Others | 53.0 | 53.0 | 36.0 | N/A | -17.6% |
Total | 237 | 767 | 856 | 295 | 7.6% |
Top Export Markets for Sewing Machine Needle from Tanzania in 2022:
- Burundi (80.0K units)
This report provides an in-depth analysis of the sewing machine needle market in Tanzania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28945230 - Sewing machine needles
Country coverage:
- Tanzania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Tanzania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the sewing machine needle market in Tanzania.
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In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
In 2016, the global sewing machine imports totaled X tons, ascending by X% against the previous year figure. In general, sewing machine imports continue to indicate a relatively flat trend patter...
The global household sewing machine market showed steady growth until it contracted slightly from 2015-2016, finally amounting to X units in 2016.
China dominates in global household sewing machine production and trade. In 2013, China exported X% of its total output. Of this amount, X% was supplied to the United States, where Chinese household sewing machines held X% share of total U.S.