Tanzania: Travel Set Market 2024

Travel Set Market Size in Tanzania

The Tanzanian travel set market skyrocketed to $X in 2022, picking up by X% against the previous year. In general, consumption posted a buoyant expansion. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Travel Set Production in Tanzania

In value terms, travel set production surged to $X in 2022 estimated in export price. In general, production saw strong growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Travel Set Exports

Exports from Tanzania

In 2022, approx. X units of travel sets were exported from Tanzania; rising by X% on the previous year. In general, exports recorded a significant expansion. The pace of growth appeared the most rapid in 2019 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, travel set exports fell notably to $X in 2022. Overall, exports, however, saw a pronounced descent. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

Exports by Country

Democratic Republic of the Congo (X units) was the main destination for travel set exports from Tanzania, accounting for a X% share of total exports. Moreover, travel set exports to Democratic Republic of the Congo exceeded the volume sent to the second major destination, India (X units), sevenfold. The third position in this ranking was held by Zambia (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Democratic Republic of the Congo totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Zambia (X% per year).

In value terms, Democratic Republic of the Congo ($X) remains the key foreign market for travel sets exports from Tanzania, comprising X% of total exports. The second position in the ranking was held by India ($X), with a X% share of total exports. It was followed by Zambia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Democratic Republic of the Congo totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: India (X% per year) and Zambia (X% per year).

Export Prices by Country

In 2022, the average travel set export price amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price showed a dramatic curtailment. The pace of growth appeared the most rapid in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zambia ($X per unit), while the average price for exports to Democratic Republic of the Congo ($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 Zambia (X%), while the prices for the other major destinations experienced a decline.

Travel Set Imports

Imports into Tanzania

Travel set imports into Tanzania surged to X units in 2022, picking up by X% compared with the previous year. Overall, imports enjoyed a slight increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, travel set imports surged to $X in 2022. Over the period under review, imports, however, saw a mild downturn. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), Italy (X units) and South Africa (X units) were the main suppliers of travel set imports to Tanzania, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Italy ($X) and South Africa ($X) were the largest travel set suppliers to Tanzania, together comprising X% of total imports.

Among the main suppliers, Italy, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average travel set import price stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the import price, however, showed a pronounced descent. The pace of growth was the most pronounced in 2014 an increase of X%. Over the period under review, average import prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Lebanon ($X per unit) and Kyrgyzstan ($X per unit), while the price for Uganda ($X per unit) and China ($X per unit) were amongst the lowest.

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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