Price for Tents of Synthetic Fibres in Tanzania - 2022

Contents:

1. Price for Tents of Synthetic Fibres in Tanzania (CIF) - 2022
2. Price for Tents of Synthetic Fibres in Tanzania (FOB) - 2022
3. Imports of Tents of Synthetic Fibres in Tanzania
4. Exports of Tents of Synthetic Fibres in Tanzania

Price for Tents of Synthetic Fibres in Tanzania (CIF) - 2022

In 2022, the average tents of synthetic fibres import price amounted to $2,686 per ton, waning by -33.1% against the previous year. Over the period under review, the import price recorded a abrupt slump. The growth pace was the most rapid in 2017 when the average import price increased by 53%. Over the period under review, average import prices reached the peak figure at $6,213 per ton in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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 South Africa ($9,126 per ton), while the price for India ($1,103 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tents of Synthetic Fibres in Tanzania (FOB) - 2022

In 2022, the average tents of synthetic fibres export price amounted to $488 per ton, dropping by -81.4% against the previous year. In general, the export price faced a deep downturn. The pace of growth was the most pronounced in 2018 an increase of 108%. The export price peaked at $8,071 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Comoros.

From 2012 to 2022, the rate of growth in terms of prices for Rwanda amounted to +9.0% per year.

Imports of Tents of Synthetic Fibres in Tanzania

In 2022, tents of synthetic fibres imports into Tanzania contracted sharply to 69 tons, reducing by -87.5% compared with the year before. Overall, imports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 143% against the previous year. As a result, imports attained the peak of 550 tons, and then reduced notably in the following year.

In value terms, tents of synthetic fibres imports contracted rapidly to $185K in 2022. Over the period under review, imports continue to indicate a precipitous decrease. The pace of growth was the most pronounced in 2021 when imports increased by 65% against the previous year. As a result, imports reached the peak of $2.2M, and then declined remarkably in the following year.

Top Suppliers of Tents of Synthetic Fibres to Tanzania in 2022:

1. China (61.6 tons)
2. South Africa (3.4 tons)
3. India (2.0 tons)
4. United Arab Emirates (1.0 tons)

Exports of Tents of Synthetic Fibres in Tanzania

In 2022, overseas shipments of tents of synthetic fibreses decreased by -93% to 823 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,604%.

In value terms, tents of synthetic fibres exports declined notably to $402 in 2022. In general, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when exports increased by 682%.

Top Export Markets for Tents of Synthetic Fibres from Tanzania in 2022:

1. Comoros (823.0 kg)

Source: IndexBox Market Intelligence Platform