Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Tanzania - 2023
Contents:
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Tanzania (CIF) - 2022
- Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Tanzania (FOB) - 2022
- Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Tanzania
- Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Tanzania
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Tanzania (CIF) - 2022
In 2022, the average import price for track suits; of synthetic fibres, knitted or crocheteds amounted to $14 per unit, surging by 62% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 127%. The import price peaked at $14 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Cambodia ($14 per unit) and China ($14 per unit), while the price for Indonesia ($14 per unit) and India ($14 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Track Suits; of Synthetic Fibres, Knitted or Crocheted in Tanzania (FOB) - 2022
The average export price for track suits; of synthetic fibres, knitted or crocheteds stood at $8.4 per unit in 2022, dropping by -40.4% against the previous year. Overall, the export price continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 9.5%. Over the period under review, the average export prices reached the peak figure at $14 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($12 per unit), while the average price for exports to Botswana totaled $7.7 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+24.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Tanzania
For the fourth year in a row, Tanzania recorded growth in purchases abroad of track suits; of synthetic fibres, knitted or crocheteds, which increased by 75% to 16K units in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 192% against the previous year. Imports peaked in 2022 and are likely to continue growth in the near future.
In value terms, imports of track suits; of synthetic fibres, knitted or crocheteds surged to $222K in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 561%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 26.7 | 65.4 | 193 | 168.9% |
| China | 4.7 | 6.2 | 11.1 | 24.0 | 72.2% |
| Indonesia | N/A | N/A | N/A | 4.4 | 0% |
| Ireland | 0.2 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 1.2 | 2.2 | 1.2 | 58.7% |
| Total | 5.2 | 34.2 | 78.7 | 222 | 249.5% |
Top Suppliers of Track Suits; of Synthetic Fibres, Knitted or Crocheted to Tanzania in 2022:
- India (14.0K units)
- China (1.7K units)
- Indonesia (0.3K units)
Exports of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Tanzania
In 2022, the amount of track suits; of synthetic fibres, knitted or crocheteds exported from Tanzania reduced sharply to 13 units, shrinking by -97% against 2021. In general, exports showed a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 1,400% against the previous year. As a result, the exports reached the peak of 435 units, and then contracted sharply in the following year.
In value terms, exports of track suits; of synthetic fibres, knitted or crocheteds shrank sharply to $109 in 2022. Overall, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 1,509%. As a result, the exports attained the peak of $6.1K, and then reduced rapidly in the following year.
| Export of Track Suits; of Synthetic Fibres, Knitted or Crocheted in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Botswana | N/A | 5.0 | 42.0 | 85.0 | 312.3% |
| South Africa | N/A | N/A | N/A | 24.0 | 0% |
| Malawi | 223 | N/A | 244 | N/A | 4.6% |
| Burundi | N/A | 375 | N/A | N/A | 0% |
| Comoros | N/A | N/A | 5,653 | N/A | 0% |
| Zambia | 1,741 | N/A | N/A | N/A | 0% |
| Others | 23.0 | N/A | 176 | N/A | 176.6% |
| Total | 1,987 | 380 | 6,115 | 109 | -62.0% |
Top Export Markets for Track Suits; of Synthetic Fibres, Knitted or Crocheted from Tanzania in 2022:
- Botswana (11.0 units)
- South Africa (2.0 units)
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