Composition Leather Price in Tanzania - 2022
Contents:
Composition Leather Price in Tanzania (CIF) - 2022
In 2022, the average composition leather import price amounted to $1.2 per square meter, falling by -32.5% against the previous year. In general, the import price, however, saw resilient growth. The pace of growth appeared the most rapid in 2021 when the average import price increased by 378%. As a result, import price reached the peak level of $1.8 per square meter, and then shrank remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($1.1 per square meter), while the price for China ($0.3 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+15.3%), while the prices for the other major suppliers experienced a decline.
Composition Leather Imports in Tanzania
After three years of growth, purchases abroad of composition leather decreased by -15.1% to 46K square meters in 2022. Overall, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when imports increased by 1,234%. Over the period under review, imports attained the maximum at 54K square meters in 2021, and then contracted significantly in the following year.
In value terms, composition leather imports dropped notably to $56K in 2022. In general, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 585% against the previous year. As a result, imports reached the peak of $98K, and then declined rapidly in the following year.
| Import of Composition Leather in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.2 | 3.4 | 2.4 | 24.1 | 393.9% |
| India | N/A | 0.6 | 1.6 | 15.0 | 400.0% |
| Hong Kong SAR | N/A | N/A | 1.5 | 7.5 | 400.0% |
| China | 2.2 | 7.4 | 0.7 | 5.5 | 35.7% |
| South Korea | N/A | 2.7 | N/A | N/A | 0% |
| Italy | N/A | N/A | 34.2 | N/A | 0% |
| Others | N/A | 0.2 | 57.3 | 3.9 | 341.6% |
| Total | 2.4 | 14.2 | 97.6 | 55.9 | 185.6% |
Top Suppliers of Composition Leather to Tanzania in 2022:
- United Arab Emirates (60.6K square meters)
- India (21.9K square meters)
- China (17.6K square meters)
- Hong Kong SAR (7.1K square meters)
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This report provides an in-depth analysis of the global composition leather market.
558
This report provides an in-depth analysis of the global composition leather market.
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In value terms, composition leather imports amounted to $X in 2016. In general, composition leather imports continue to indicate a slight setback. Over the period under review, global composition l...
1232
In value terms, composition leather exports stood at $X in 2016. Overall, composition leather exports continue to indicate a mild contraction. Over the period under review, global composition leath...
