Tanzania: Plastic Furniture Market 2024

Plastic Furniture Market Size in Tanzania

The Tanzanian plastic furniture market shrank to $X in 2022, with a decrease of X% against the previous year. Overall, consumption, however, enjoyed a tangible increase. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Plastic Furniture Production in Tanzania

In value terms, plastic furniture production fell to $X in 2022 estimated in export price. Overall, production, however, recorded a moderate increase. The pace of growth was the most pronounced in 2017 with an increase of X%. Plastic furniture production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Plastic Furniture Exports

Exports from Tanzania

After three years of decline, overseas shipments of furniture of plastic increased by X% to X units in 2022. Over the period under review, exports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, plastic furniture exports surged to $X in 2022. Overall, exports, however, recorded a deep setback. The pace of growth was the most pronounced in 2018 with an increase of X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Democratic Republic of the Congo (X units), Burundi (X units) and Comoros (X units) were the main destinations of plastic furniture exports from Tanzania, together accounting for X% of total exports.

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

In value terms, the largest markets for plastic furniture exported from Tanzania were Burundi ($X), Democratic Republic of the Congo ($X) and Rwanda ($X), with a combined X% share of total exports. Comoros, Malawi, Kenya, Mozambique and Zambia lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Malawi, 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

In 2022, the average plastic furniture export price amounted to $X per unit, rising by X% against the previous year. In general, the export price, however, continues to indicate a pronounced contraction. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($X per unit), while the average price for exports to Comoros ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mozambique (X%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Furniture Imports

Imports into Tanzania

In 2022, imports of furniture of plastic into Tanzania shrank rapidly to X units, waning by X% compared with 2021. Overall, imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, plastic furniture imports contracted notably to $X in 2022. In general, imports recorded a abrupt curtailment. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then reduced rapidly in the following year.

Imports by Country

Kenya (X units), China (X units) and India (X units) were the main suppliers of plastic furniture imports to Tanzania, together comprising X% of total imports. Turkey, the United Arab Emirates, Zambia and Israel lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, China ($X), Kenya ($X) and Turkey ($X) were the largest plastic furniture suppliers to Tanzania, with a combined X% share of total imports.

Turkey, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average plastic furniture import price stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the import price showed a slight decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for Zambia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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