Quilted Textile Products Price in Tanzania - 2023
Contents:
- Quilted Textile Products Price in Tanzania (CIF) - 2022
- Quilted Textile Products Price in Tanzania (FOB) - 2022
- Quilted Textile Products Imports in Tanzania
- Quilted Textile Products Exports in Tanzania
Quilted Textile Products Price in Tanzania (CIF) - 2022
The average quilted textile products import price stood at $0.9 per square meter in 2022, falling by -59.1% against the previous year. In general, the import price, however, enjoyed prominent growth. The growth pace was the most rapid in 2019 when the average import price increased by 132%. The import price peaked at $2.1 per square meter in 2021, and then fell markedly in the following year.
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 Ghana ($31 per square meter), while the price for Kenya ($0.4 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+30.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Quilted Textile Products Price in Tanzania (FOB) - 2022
In 2022, the average quilted textile products export price amounted to less than $0.1 per square meter, falling by 99.9% against the previous year. Overall, the export price, however, continues to indicate buoyant growth. The growth pace was the most rapid in 2013 an increase of 418%. Over the period under review, the average export prices hit record highs at $13 per square meter in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($3.4 per square meter), while the average price for exports to Zambia ($0.2 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 Burundi (+4.8%), while the prices for the other major destinations experienced a decline.
Quilted Textile Products Imports in Tanzania
In 2022, the amount of quilted textile products in the piece (excluding embroidery) imported into Tanzania surged to 10K square meters, rising by 226% against the year before. Overall, imports showed a resilient increase. Imports peaked at 11K square meters in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, quilted textile products imports surged to $9K in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 122% against the previous year. As a result, imports attained the peak of $11K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Quilted Textile Products in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ghana | 1,229 | 1,788 | 1,561 | 2,500 | 26.7% |
| China | 1,018 | 4,564 | 347 | 2,393 | 33.0% |
| United Arab Emirates | 1,028 | 1,366 | 1,089 | 1,594 | 15.7% |
| Turkey | 282 | 98.0 | 309 | 449 | 16.8% |
| Switzerland | 267 | 360 | 301 | 436 | 17.8% |
| Hong Kong SAR | 213 | 265 | 198 | 271 | 8.4% |
| Italy | 291 | 305 | 192 | 221 | -8.8% |
| Kenya | 36.0 | 38.0 | 24.0 | 28.0 | -8.0% |
| Others | 556 | 2,137 | 2,699 | 1,072 | 24.5% |
| Total | 4,920 | 10,921 | 6,720 | 8,964 | 22.1% |
Top Suppliers of Quilted Textile Products to Tanzania in 2022:
- China (0.5K square meters)
- Hong Kong SAR (0.3K square meters)
- Ghana (0.1K square meters)
- United Arab Emirates (0.1K square meters)
- Switzerland (0.1K square meters)
- Kenya (0.1K square meters)
Quilted Textile Products Exports in Tanzania
In 2021, exports of quilted textile products in the piece (excluding embroidery) from Tanzania dropped significantly to 299 square meters, waning by -87.6% compared with the previous year's figure. Overall, exports recorded a dramatic slump. Over the period under review, the exports hit record highs at 2.4K square meters in 2020, and then fell rapidly in the following year.
In value terms, quilted textile products exports declined notably to $1K in 2021. Over the period under review, exports recorded a dramatic decrease. Over the period under review, the exports attained the peak figure at $4.8K in 2020, and then dropped markedly in the following year.
| Export of Quilted Textile Products in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burundi | 62.0 | 57.0 | 48.0 | 53.0 | -5.1% |
| Zambia | 3.0 | 1.0 | N/A | 1.0 | -30.7% |
| Malawi | 3.0 | 1.0 | N/A | N/A | -66.7% |
| Others | -68.0 | 4,764 | 992 | -54.0 | -7.4% |
| Total | N/A | 4,823 | 1,040 | N/A | -78.4% |
Top Export Markets for Quilted Textile Products from Tanzania in 2022:
- Burundi (16.0 square meters)
- Zambia (3.0 square meters)
- Malawi (1.0 square meters)
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