Price for Textiles; Worn Clothing and Other Worn Articles in Tanzania - 2022
Contents:
- Price for Textiles; Worn Clothing and Other Worn Articles in Tanzania (CIF) - 2022
- Price for Textiles; Worn Clothing and Other Worn Articles in Tanzania (FOB) - 2022
- Imports of Textiles; Worn Clothing and Other Worn Articles in Tanzania
- Exports of Textiles; Worn Clothing and Other Worn Articles in Tanzania
Price for Textiles; Worn Clothing and Other Worn Articles in Tanzania (CIF) - 2022
In 2022, the average import price for textiles; worn clothing and other worn articleses amounted to $1,140 per ton, declining by -3.1% against the previous year. In general, the import price, however, recorded a strong increase. The pace of growth was the most pronounced in 2018 an increase of 55% against the previous year. The import price peaked at $1,176 per ton in 2021, and then declined slightly in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($1,227 per ton) and Poland ($1,222 per ton), while the price for the United States ($1,017 per ton) and Pakistan ($1,022 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textiles; Worn Clothing and Other Worn Articles in Tanzania (FOB) - 2022
The average export price for textiles; worn clothing and other worn articleses stood at $1,258 per ton in 2022, reducing by -4.9% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2021 an increase of 33%. As a result, the export price attained the peak level of $1,324 per ton, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($1,559 per ton), while the average price for exports to Malawi ($558 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 Rwanda (+9.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Textiles; Worn Clothing and Other Worn Articles in Tanzania
In 2022, the amount of textiles; worn clothing and other worn articleses imported into Tanzania rose markedly to 95K tons, picking up by 5.9% compared with the year before. The total import volume increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 12%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of textiles; worn clothing and other worn articleses stood at $109M in 2022. The total import value increased at an average annual rate of +9.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 28% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Textiles; Worn Clothing and Other Worn Articles in Tanzania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 27.8 | 41.1 | 46.4 | 51.9 | 23.1% |
| United Arab Emirates | 7.2 | 14.1 | 13.0 | 14.0 | 24.8% |
| Pakistan | 12.3 | 15.5 | 13.8 | 13.2 | 2.4% |
| United States | 10.5 | 12.4 | 11.1 | 8.9 | -5.4% |
| South Korea | 6.0 | 7.4 | 6.3 | 5.8 | -1.1% |
| Poland | 4.4 | 3.4 | 3.3 | 4.1 | -2.3% |
| Canada | 5.2 | 4.2 | 3.2 | 3.0 | -16.8% |
| Others | 9.9 | 8.1 | 8.8 | 7.7 | -8.0% |
| Total | 83.3 | 106 | 106 | 109 | 9.4% |
Top Suppliers of Textiles; Worn Clothing and Other Worn Articles to Tanzania in 2022:
- China (43.2K tons)
- Pakistan (13.0K tons)
- United Arab Emirates (12.1K tons)
- United States (8.7K tons)
- South Korea (5.2K tons)
- Poland (3.4K tons)
- Canada (2.7K tons)
Exports of Textiles; Worn Clothing and Other Worn Articles in Tanzania
In 2022, exports of textiles; worn clothing and other worn articleses from Tanzania fell markedly to 172 tons, waning by -60.3% compared with 2021 figures. Overall, exports showed a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 2.1%.
In value terms, exports of textiles; worn clothing and other worn articleses declined rapidly to $216K in 2022. In general, exports showed a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 35%. As a result, the exports attained the peak of $571K, and then dropped dramatically in the following year.
| Export of Textiles; Worn Clothing and Other Worn Articles in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 31.5 | 22.6 | 18.8 | 59.2 | 23.4% |
| Rwanda | 0.1 | 23.4 | 1.0 | 35.4 | 607.4% |
| Kenya | 50.4 | 57.5 | 57.2 | 35.1 | -11.4% |
| Botswana | N/A | 0.1 | 28.8 | 18.2 | 1249.1% |
| South Korea | 12.8 | 5.0 | 0.3 | 15.7 | 7.0% |
| Democratic Republic of the Congo | 41.4 | 50.4 | 20.1 | 8.0 | -42.2% |
| Malawi | 5.0 | 7.0 | 22.7 | 5.0 | 0.0% |
| Nigeria | 0.4 | 66.8 | 3.3 | 3.6 | 108.0% |
| Comoros | 156 | 164 | 334 | N/A | 46.3% |
| Zambia | 93.6 | N/A | 18.7 | N/A | -55.3% |
| Others | 53.0 | 25.3 | 66.5 | 35.7 | -12.3% |
| Total | 444 | 422 | 571 | 216 | -21.4% |
Top Export Markets for Textiles; Worn Clothing and Other Worn Articles from Tanzania in 2022:
- United Kingdom (41.2 tons)
- Kenya (39.1 tons)
- Rwanda (24.6 tons)
- Botswana (11.6 tons)
- South Korea (10.9 tons)
- Democratic Republic of the Congo (9.5 tons)
- Malawi (8.9 tons)
- Nigeria (6.2 tons)
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