Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Tanzania - 2023
Contents:
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Tanzania (CIF) - 2022
- Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Tanzania (FOB) - 2022
- Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Tanzania
- Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Tanzania
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Tanzania (CIF) - 2022
The average import price for man-made filament yarn (other than sewing thread), put up for retail sale stood at $3,069 per ton in 2022, surging by 13% against the previous year. In general, the import price, however, saw a deep contraction. The pace of growth was the most pronounced in 2015 when the average import price increased by 39%. The import price peaked at $5,251 per ton in 2012; however, from 2013 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 India ($6,054 per ton), while the price for China ($1,938 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Tanzania (FOB) - 2022
In 2022, the average export price for man-made filament yarn (other than sewing thread), put up for retail sale amounted to $6,728 per ton, with an increase of 4.7% against the previous year. Over the period under review, the export price recorded a resilient expansion. The most prominent rate of growth was recorded in 2017 when the average export price increased by 126%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Burundi.
From 2012 to 2022, the rate of growth in terms of prices for Burundi amounted to +8.0% per year.
Imports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Tanzania
Imports of man-made filament yarn (other than sewing thread), put up for retail sale into Tanzania contracted to 411 tons in 2022, falling by -8.6% compared with the previous year's figure. Over the period under review, imports saw a slight curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 7.9%. As a result, imports reached the peak of 450 tons, and then declined in the following year.
In value terms, imports of man-made filament yarn (other than sewing thread), put up for retail sale fell to $1.2M in 2022. Overall, imports showed a mild downturn. The most prominent rate of growth was recorded in 2021 with an increase of 21%. As a result, imports attained the peak of $1.2M, and then shrank in the following year.
| Import of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 501 | 394 | 505 | 617 | 7.2% |
| India | 619 | 352 | 283 | 289 | -22.4% |
| China | 17.2 | 185 | 384 | 198 | 125.8% |
| Kenya | 43.1 | 31.8 | 36.4 | 39.7 | -2.7% |
| Others | 19.8 | 47.9 | 13.6 | 13.4 | -12.2% |
| Total | 1,201 | 1,011 | 1,222 | 1,157 | -1.2% |
Top Suppliers of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale to Tanzania in 2022:
- United Arab Emirates (246.3 tons)
- China (102.2 tons)
- India (47.7 tons)
- Kenya (13.7 tons)
Exports of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Tanzania
Exports of man-made filament yarn (other than sewing thread), put up for retail sale from Tanzania shrank slightly to 287 kg in 2022, stabilizing at the previous year's figure. Overall, exports showed a slight slump. The smallest decline of -1% was in 2020.
In value terms, exports of man-made filament yarn (other than sewing thread), put up for retail sale rose to $1.9K in 2022. The total export value increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burundi | 1.3 | 1.8 | 1.9 | 1.9 | 13.5% |
| Malawi | 0.1 | N/A | N/A | N/A | 0% |
| Ghana | 0.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.8 | 1.8 | 1.9 | 1.9 | 1.8% |
Top Export Markets for Man-Made Filament Yarn (Other than Sewing Thread), Put Up for Retail Sale from Tanzania in 2022:
- Burundi (287.0 kg)
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