Tanzania: Market for Cotton (Carded Or Combed) 2024

Market Size for Cotton (Carded Or Combed) in Tanzania

In 2022, the Tanzanian cotton (carded or combed) market increased by X% to $X, rising for the second consecutive year after six years of decline. Over the period under review, consumption continues to indicate a remarkable increase. Cotton (carded or combed) consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Cotton (Carded Or Combed) in Tanzania

In value terms, cotton (carded or combed) production contracted modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Cotton (Carded Or Combed)

Exports from Tanzania

In 2022, overseas shipments of cotton (carded or combed) decreased by X% to X tons, falling for the second year in a row after five years of growth. Over the period under review, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, cotton (carded or combed) exports surged to $X in 2022. Overall, exports, however, saw a modest expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Exports by Country

Pakistan (X tons), Bangladesh (X tons) and India (X tons) were the main destinations of cotton (carded or combed) exports from Tanzania, together comprising X% of total exports. Germany, Switzerland, Italy, Mauritius, Vietnam, Thailand, Kenya, the United Arab Emirates and China lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Pakistan ($X), Bangladesh ($X) and India ($X) were the largest markets for cotton (carded or combed) exported from Tanzania worldwide, with a combined X% share of total exports. Italy, Switzerland, Mauritius, Germany, China, Kenya, Thailand, the United Arab Emirates and Vietnam lagged somewhat behind, together accounting for a further X%.

In terms of the main countries of destination, Italy, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cotton (carded or combed) export price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, export price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cotton (carded or combed) export price increased by X% against 2019 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Germany ($X 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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cotton (Carded Or Combed)

Imports into Tanzania

In 2022, approx. X tons of cotton (carded or combed) were imported into Tanzania; with an increase of X% compared with the year before. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, cotton (carded or combed) imports surged to $X in 2022. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Malawi (X tons) was the main cotton (carded or combed) supplier to Tanzania, with a X% share of total imports. It was followed by China (X kg), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Malawi stood at X%.

In value terms, Malawi ($X) constituted the largest supplier of cotton (carded or combed) to Tanzania, comprising X% of total imports. The second position in the ranking was taken by China ($X), with less than X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Malawi totaled X%.

Import Prices by Country

In 2022, the average cotton (carded or combed) import price amounted to $X per ton, falling by X% against the previous year. Over the period under review, the import price, however, posted a moderate increase. The growth pace was the most rapid in 2019 an increase of X% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2020; however, from 2021 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 Malawi ($X per ton), while the price for China totaled $X per ton.

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

Source: IndexBox Platform

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