Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Tanzania - 2023
Contents:
- Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Tanzania (CIF) - 2022
- Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Tanzania
Price for Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Tanzania (CIF) - 2022
In 2022, the average import price for synthetic staple fibres, carded, combed or otherwise processed for spinnings amounted to $1,529 per ton, rising by 9.5% against the previous year. Overall, the import price saw pronounced growth. The growth pace was the most rapid in 2017 when the average import price increased by 113%. The import price peaked at $2,641 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
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 Taiwan (Chinese) ($11,865 per ton), while the price for the United Arab Emirates ($599 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+21.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Tanzania
For the third consecutive year, Tanzania recorded decline in supplies from abroad of synthetic staple fibres, carded, combed or otherwise processed for spinnings, which decreased by -70.4% to 2.1 tons in 2022. Over the period under review, imports recorded a precipitous decline. The smallest decline of -41.7% was in 2021.
In value terms, imports of synthetic staple fibres, carded, combed or otherwise processed for spinnings reduced rapidly to $3.2K in 2022. Overall, imports faced a dramatic shrinkage. The smallest decline of -49.8% was in 2021.
| Import of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 8.3 | 4.3 | 4.4 | 1.6 | -42.2% |
| Thailand | N/A | N/A | N/A | 0.7 | 0% |
| China | 31.4 | 5.6 | 2.6 | 0.5 | -74.8% |
| United Arab Emirates | 1.8 | 0.1 | 0.8 | 0.2 | -51.9% |
| South Africa | 98.6 | 9.3 | 1.9 | 0.1 | -90.0% |
| South Korea | 1.2 | 0.2 | 0.2 | 0.1 | -56.3% |
| Turkey | 195 | N/A | N/A | N/A | 0% |
| Others | 0.7 | 0.4 | 0.2 | N/A | -46.5% |
| Total | 337 | 19.9 | 10.0 | 3.2 | -78.8% |
Top Suppliers of Synthetic Staple Fibres, Carded, Combed or Otherwise Processed for Spinning to Tanzania in 2022:
- Thailand (819.0 kg)
- China (639.0 kg)
- United Arab Emirates (369.0 kg)
- Taiwan (Chinese) (133.0 kg)
- South Africa (92.0 kg)
- South Korea (37.0 kg)
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