Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Tanzania - 2023

Contents:

  1. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Tanzania (CIF) - 2022
  2. Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Tanzania (FOB) - 2022
  3. Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Tanzania
  4. Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Tanzania

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Tanzania (CIF) - 2022

The average import price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $4,454 per ton in 2022, rising by 23% against the previous year. Overall, the import price enjoyed modest growth. The pace of growth was the most pronounced in 2014 when the average import price increased by 86%. As a result, import price reached the peak level of $8,758 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Indonesia ($9,260 per ton), while the price for Hong Kong SAR ($2,993 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Tanzania (FOB) - 2022

The average export price for fabrics, knitted or crocheted, of a width of > 30 cms stood at $6,211 per ton in 2022, growing by 16% against the previous year. Over the last decade, it increased at an average annual rate of +2.0%. The growth pace was the most rapid in 2013 an increase of 20% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($7,081 per ton), while the average price for exports to Madagascar ($832 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+3.3%), while the prices for the other major destinations experienced a decline.

Imports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Tanzania

Imports of fabrics, knitted or crocheted, of a width of > 30 cms into Tanzania skyrocketed to 9K tons in 2022, growing by 439% on the previous year. Overall, imports enjoyed 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 fabrics, knitted or crocheted, of a width of > 30 cms surged to $40M in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Tanzania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.010.65.233.054.2%
Egypt0.31.50.42.294.3%
Sri LankaN/AN/AN/A1.90%
Hong Kong SARN/A0.10.10.4100.0%
Others0.21.00.42.4128.9%
Total9.613.26.039.960.8%

Top Suppliers of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm to Tanzania in 2022:

  1. China (7.9K tons)
  2. Egypt (0.3K tons)
  3. Sri Lanka (0.2K tons)
  4. Hong Kong SAR (0.1K tons)

Exports of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Tanzania

Exports of fabrics, knitted or crocheted, of a width of > 30 cms from Tanzania expanded modestly to 788 tons in 2022, picking up by 1.6% compared with the previous year. Over the period under review, exports, however, continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 52%.

In value terms, exports of fabrics, knitted or crocheted, of a width of > 30 cms skyrocketed to $4.9M in 2022. Overall, exports, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 61% against the previous year.

Export of Fabrics, Knitted or Crocheted, of A Width of > 30 Cm in Tanzania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya5.42.54.14.5-5.9%
IndiaN/AN/AN/A0.10%
South AfricaN/AN/AN/AN/A0%
MadagascarN/AN/AN/AN/A0%
OthersN/AN/A0.10.2100.0%
Total5.52.64.24.9-3.8%

Top Export Markets for Fabrics, Knitted or Crocheted, of A Width of > 30 Cm from Tanzania in 2022:

  1. Kenya (633.4 tons)
  2. India (75.4 tons)
  3. South Africa (23.6 tons)
  4. Madagascar (12.0 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Fabrics; knitted or crocheted fabrics, other than those of headings 60.01 to 60.04 - Tanzania