Weaving Machines (Looms) Price in Tanzania - 2023
Contents:
- Weaving Machines (Looms) Price in Tanzania (CIF) - 2022
- Weaving Machines (Looms) Price in Tanzania (FOB) - 2022
- Weaving Machines (Looms) Imports in Tanzania
- Weaving Machines (Looms) Exports in Tanzania
Weaving Machines (Looms) Price in Tanzania (CIF) - 2022
The average weaving machines (looms) import price stood at $10,518 per unit in 2022, reducing by -43.1% against the previous year. Over the period under review, the import price showed a abrupt curtailment. The growth pace was the most rapid in 2019 when the average import price increased by 53% against the previous year. The import price peaked at $20,237 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Pakistan ($34,775 per unit), while the price for the UK ($1,243 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+44.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Weaving Machines (Looms) Price in Tanzania (FOB) - 2022
In 2020, the average weaving machines (looms) export price amounted to $644 per unit, increasing by 2,640% against the previous year. Overall, the export price recorded significant growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by 5,360%. As a result, the export price attained the peak level of $9,745 per unit. From 2017 to 2020, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2020, amid the top suppliers, the country with the highest price was Mozambique ($637 per unit), while the average price for exports to the Netherlands amounted to $162 per unit.
From 2015 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (+12.9%).
Weaving Machines (Looms) Imports in Tanzania
In 2022, the amount of weaving machines (looms)s imported into Tanzania soared to 124 units, picking up by 24% compared with the year before. Overall, imports enjoyed resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 133% against the previous year. As a result, imports reached the peak of 170 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, weaving machines (looms) imports fell rapidly to $1.3M in 2022. In general, imports posted a prominent expansion. The pace of growth appeared the most rapid in 2020 with an increase of 220%. As a result, imports attained the peak of $3.3M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Weaving Machines (Looms) in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 114 | 1,447 | 834 | 303 | 38.5% |
| Austria | 316 | 418 | 201 | 205 | -13.4% |
| Czech Republic | 119 | 381 | 185 | 204 | 19.7% |
| Germany | 0.2 | 63.9 | 56.1 | 80.5 | 638.3% |
| Netherlands | 43.3 | 139 | 68.3 | 71.2 | 18.0% |
| Pakistan | 76.8 | 202 | 81.4 | 69.5 | -3.3% |
| United Kingdom | 0.2 | 0.4 | 1.3 | 8.7 | 251.7% |
| Others | 354 | 628 | 421 | 362 | 0.7% |
| Total | 1,024 | 3,280 | 1,848 | 1,304 | 8.4% |
Top Suppliers of Weaving Machines (Looms) to Tanzania in 2022:
- Austria (40.0 units)
- Netherlands (31.0 units)
- Czech Republic (18.0 units)
- India (10.0 units)
- United Kingdom (7.0 units)
- Germany (7.0 units)
- Pakistan (2.0 units)
Weaving Machines (Looms) Exports in Tanzania
Weaving machines (looms) exports from Tanzania totaled 2 units in 2020, remaining stable against the previous year's figure. In general, exports continue to indicate a relatively flat trend pattern. Over the period under review, the exports hit record highs in 2020 and are expected to retain growth in the immediate term.
In value terms, weaving machines (looms) exports skyrocketed to $1.3K in 2020. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Weaving Machines (Looms) in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Mozambique | 46.0 | 637 | 1284.8% | ||
| Netherlands | N/A | 162 | 0% | ||
| Ireland | 1.0 | N/A | 0% | ||
| Others | N/A | 489 | 0% | ||
| Total | 47.0 | 1,288 | 2640.4% | ||
Top Export Markets for Weaving Machines (Looms) from Tanzania in 2022:
- Netherlands (1.0 units)
- Mozambique (1.0 units)
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