Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Tanzania - 2023

Contents:

1. Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Tanzania (CIF) - 2022
2. Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Tanzania (FOB) - 2022
3. Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Tanzania
4. Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Tanzania

Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Tanzania (CIF) - 2022

In 2022, the average import price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $2 per square meter, declining by -6% against the previous year. In general, the import price recorded a deep slump. The pace of growth was the most pronounced in 2020 an increase of 91% against the previous year. Over the period under review, average import prices attained the peak figure at $10 per square meter 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 South Africa ($12 per square meter), while the price for the United Arab Emirates ($1.2 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+1.5%), while the prices for the other major suppliers experienced a decline.

Price for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Tanzania (FOB) - 2022

In 2022, the average export price for carpets and other textile floor coverings; tufted, whether or not made ups amounted to $9.8 per square meter, with an increase of 316% against the previous year. Overall, the export price, however, showed a abrupt curtailment. Over the period under review, the average export prices hit record highs at $30 per square meter in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($22 per square meter), while the average price for exports to France ($1.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (-6.2%), while the prices for the other major destinations experienced a decline.

Imports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Tanzania

In 2022, the amount of carpets and other textile floor coverings; tufted, whether or not made ups imported into Tanzania skyrocketed to 1.2M square meters, increasing by 171% against the previous year's figure. In general, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of carpets and other textile floor coverings; tufted, whether or not made ups skyrocketed to $2.6M in 2022. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 90% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up to Tanzania in 2022:

1. United Arab Emirates (494.2K square meters)
2. China (376.0K square meters)
3. Turkey (133.8K square meters)
4. Jordan (83.3K square meters)
5. India (30.7K square meters)
6. Germany (22.9K square meters)
7. United Kingdom (3.4K square meters)

Exports of Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up in Tanzania

In 2022, exports of carpets and other textile floor coverings; tufted, whether or not made ups from Tanzania dropped notably to 666 square meters, reducing by -69% against the previous year's figure. Overall, exports faced a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 105% against the previous year. The exports peaked at 3.8K square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of carpets and other textile floor coverings; tufted, whether or not made ups shrank dramatically to $4K in 2022. Over the period under review, exports recorded a significant contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 68%. Over the period under review, the exports of attained the maximum at $13K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Carpets and Other Textile Floor Coverings; Tufted, Whether or Not Made Up from Tanzania in 2022:

1. United States (183.0 square meters)
2. United Kingdom (118.0 square meters)
3. Mozambique (113.0 square meters)
4. South Africa (81.0 square meters)
5. France (56.0 square meters)
6. Democratic Republic of the Congo (21.0 square meters)
7. Israel (15.0 square meters)
8. Rwanda (6.0 square meters)

Source: IndexBox Market Intelligence Platform