Price for Cotton; Yarn Waste (Including Thread Waste) in Tanzania - 2022
Contents:
- Price for Cotton; Yarn Waste (Including Thread Waste) in Tanzania (FOB) - 2022
- Price for Cotton; Yarn Waste (Including Thread Waste) in Tanzania (CIF) - 2022
- Exports of Cotton; Yarn Waste (Including Thread Waste) in Tanzania
- Imports of Cotton; Yarn Waste (Including Thread Waste) in Tanzania
Price for Cotton; Yarn Waste (Including Thread Waste) in Tanzania (FOB) - 2022
In 2022, the average export price for cotton; yarn waste (including thread waste) amounted to $558 per ton, growing by 3.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The pace of growth appeared the most rapid in 2016 when the average export price increased by 29% against the previous year. As a result, the export price reached the peak level of $651 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Pakistan.
From 2012 to 2022, the rate of growth in terms of prices for Pakistan amounted to +22.2% per year.
Price for Cotton; Yarn Waste (Including Thread Waste) in Tanzania (CIF) - 2022
In 2022, the average import price for cotton; yarn waste (including thread waste) amounted to $603 per ton, shrinking by -35.1% against the previous year. In general, the import price saw a pronounced decrease. The pace of growth appeared the most rapid in 2019 when the average import price increased by 116% against the previous year. As a result, import price reached the peak level of $1,026 per ton. From 2020 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($980 per ton), while the price for Turkey ($518 per ton) 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 (+1.6%), while the prices for the other major suppliers experienced a decline.
Exports of Cotton; Yarn Waste (Including Thread Waste) in Tanzania
Exports of cotton; yarn waste (including thread waste) from Tanzania contracted dramatically to 280 tons in 2022, falling by -26.2% against 2021 figures. In general, exports showed a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 73% against the previous year. As a result, the exports reached the peak of 380 tons, and then shrank sharply in the following year.
In value terms, exports of cotton; yarn waste (including thread waste) fell remarkably to $156K in 2022. Overall, exports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 104% against the previous year. As a result, the exports attained the peak of $204K, and then dropped remarkably in the following year.
| Export of Cotton; Yarn Waste (Including Thread Waste) in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 49.3 | 19.7 | 46.7 | 156 | 46.8% |
| Malawi | 3.0 | 1.8 | 2.3 | N/A | -12.4% |
| China | 4.3 | 2.9 | 5.6 | N/A | 14.1% |
| India | 60.4 | 30.2 | 42.0 | N/A | -16.6% |
| Portugal | 50.5 | 41.2 | 99.4 | N/A | 40.3% |
| Others | 6.3 | 4.0 | 7.6 | N/A | 9.8% |
| Total | 174 | 99.8 | 204 | 156 | -3.6% |
Top Export Markets for Cotton; Yarn Waste (Including Thread Waste) from Tanzania in 2022:
- Pakistan (280.0 tons)
Imports of Cotton; Yarn Waste (Including Thread Waste) in Tanzania
In 2022, imports of cotton; yarn waste (including thread waste) into Tanzania skyrocketed to 7.4 tons, increasing by 105% against the previous year. In general, imports recorded a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 179%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of cotton; yarn waste (including thread waste) surged to $4.4K in 2022. Over the period under review, imports, however, continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2021 when imports increased by 156%.
| Import of Cotton; Yarn Waste (Including Thread Waste) in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 3,974 | 207 | 1,845 | 2,403 | -15.4% |
| India | 408 | 773 | 636 | 1,105 | 39.4% |
| United Arab Emirates | 186 | 16.0 | 286 | 693 | 55.0% |
| Pakistan | 459 | 254 | 264 | 236 | -19.9% |
| China | 55.0 | 58.0 | 220 | N/A | 100.0% |
| Others | N/A | N/A | 92.0 | N/A | 0% |
| Total | 5,082 | 1,308 | 3,343 | 4,437 | -4.4% |
Top Suppliers of Cotton; Yarn Waste (Including Thread Waste) to Tanzania in 2022:
- Turkey (4.6 tons)
- United Arab Emirates (1.2 tons)
- India (1.1 tons)
- Pakistan (0.4 tons)
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