Price for Embroidery; in the Piece, in Strips or in Motifs in Tanzania - 2022

Contents:

  1. Price for Embroidery; in the Piece, in Strips or in Motifs in Tanzania (CIF) - 2022
  2. Price for Embroidery; in the Piece, in Strips or in Motifs in Tanzania (FOB) - 2022
  3. Imports of Embroidery; in the Piece, in Strips or in Motifs in Tanzania
  4. Exports of Embroidery; in the Piece, in Strips or in Motifs in Tanzania

Price for Embroidery; in the Piece, in Strips or in Motifs in Tanzania (CIF) - 2022

In 2022, the average import price for embroidery; in the piece, in strips or in motifses amounted to $6,133 per ton, falling by -44.1% against the previous year. Overall, the import price recorded a perceptible curtailment. The growth pace was the most rapid in 2018 an increase of 62%. Over the period under review, average import prices attained the maximum at $15,347 per ton in 2019; however, from 2020 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 South Africa ($15,127 per ton), while the price for China ($5,216 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Embroidery; in the Piece, in Strips or in Motifs in Tanzania (FOB) - 2022

The average export price for embroidery; in the piece, in strips or in motifses stood at $576 per ton in 2022, waning by -78.6% against the previous year. Over the period under review, the export price showed a abrupt decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by 23%. The export price peaked at $4,086 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.

From 2012 to 2022, the rate of growth in terms of prices for Malawi amounted to +6.7% per year.

Imports of Embroidery; in the Piece, in Strips or in Motifs in Tanzania

Imports of embroidery; in the piece, in strips or in motifses into Tanzania fell notably to 4.5 tons in 2022, dropping by -96.2% against the year before. Over the period under review, imports showed a dramatic shrinkage. The growth pace was the most rapid in 2021 when imports increased by 144% against the previous year. As a result, imports reached the peak of 117 tons, and then dropped sharply in the following year.

In value terms, imports of embroidery; in the piece, in strips or in motifses shrank sharply to $27K in 2022. In general, imports recorded a sharp slump. The growth pace was the most rapid in 2021 when imports increased by 131% against the previous year.

Import of Embroidery; in the Piece, in Strips or in Motifs in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China62.954.748921.9-29.6%
South Africa10.03.91.42.3-38.7%
India60.512.52.70.8-76.4%
United Arab Emirates1,245412428N/A-41.4%
Others10572.43612.4-71.6%
Total1,4835551,28327.4-73.6%

Top Suppliers of Embroidery; in the Piece, in Strips or in Motifs to Tanzania in 2022:

  1. China (4.2 tons)
  2. India (0.1 tons)
  3. South Africa (0.1 tons)

Exports of Embroidery; in the Piece, in Strips or in Motifs in Tanzania

In 2022, approx. 6.1 tons of embroidery; in the piece, in strips or in motifses were exported from Tanzania; jumping by 18,433% on the previous year's figure. In general, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of embroidery; in the piece, in strips or in motifses skyrocketed to $3.5K in 2022. Over the period under review, exports, however, continue to indicate a deep downturn.

Export of Embroidery; in the Piece, in Strips or in Motifs in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Democratic Republic of the CongoN/AN/AN/A3.50%
Malawi3.56.8N/AN/A94.3%
Uganda1.22.4N/AN/A100.0%
Zimbabwe0.40.8N/AN/A100.0%
France0.51.1N/AN/A120.0%
OthersN/AN/AN/AN/A0%
Total5.611.10.13.5-14.5%

Top Export Markets for Embroidery; in the Piece, in Strips or in Motifs from Tanzania in 2022:

  1. Democratic Republic of the Congo (6.1 tons)

Source: IndexBox Market Intelligence Platform

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