Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Tanzania - 2022

Contents:

  1. Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Tanzania (CIF) - 2022
  2. Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Tanzania

Price for Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Tanzania (CIF) - 2022

In 2022, the average import price for artificial staple fibres, not carded, combed or otherwise processed for spinning amounted to $3,466 per ton, growing by 53% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 519%. The import price peaked at $4,551 per ton in 2013; however, from 2014 to 2022, 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 ($5,058 per ton), while the price for China amounted to $607 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.3%).

Imports of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Tanzania

In 2022, supplies from abroad of artificial staple fibres, not carded, combed or otherwise processed for spinning decreased by -73.1% to 6.3 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a resilient increase. The growth pace was the most rapid in 2021 with an increase of 165% against the previous year. As a result, imports reached the peak of 24 tons, and then shrank dramatically in the following year.

In value terms, imports of artificial staple fibres, not carded, combed or otherwise processed for spinning fell significantly to $22K in 2022. Overall, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 464%. As a result, imports reached the peak of $53K, and then fell notably in the following year.

Import of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India5.77.347.020.653.5%
China0.82.26.51.420.5%
OthersN/AN/AN/AN/A0%
Total6.59.553.522.050.1%

Top Suppliers of Artificial Staple Fibres, Not Carded, Combed or Otherwise Processed for Spinning to Tanzania in 2022:

  1. India (4.1 tons)
  2. China (2.3 tons)

Source: IndexBox Market Intelligence Platform

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