Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Tanzania - 2023

Contents:

1. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Tanzania (CIF) - 2022
2. Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Tanzania (FOB) - 2022
3. Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Tanzania
4. Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Tanzania

Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Tanzania (CIF) - 2022

The average import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $2,602 per ton in 2022, increasing by 35% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses decreased by -20.1% against 2020 indices. The most prominent rate of growth was recorded in 2013 an increase of 49% against the previous year. The import price peaked at $4,198 per ton in 2017; however, from 2018 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 India ($69,375 per ton), while the price for South Africa ($1,333 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Tanzania (FOB) - 2022

The average export price for waste (including noils, yarn waste and garnetted stock), of man-made fibreses stood at $383 per ton in 2022, approximately equating the previous year. Overall, the export price showed a mild curtailment. The pace of growth appeared the most rapid in 2017 when the average export price increased by 550%. As a result, the export price reached the peak level of $3,671 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($686 per ton), while the average price for exports to Kenya ($9.6 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+52.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Tanzania

In 2022, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses into Tanzania contracted rapidly to 1.4 tons, shrinking by -53.8% against the year before. Overall, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year.

In value terms, imports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses fell markedly to $3.8K in 2022. In general, imports recorded a dramatic decline. The smallest decline of -21% was in 2020.

Top Suppliers of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres to Tanzania in 2022:

1. China (979.0 kg)
2. South Africa (445.0 kg)
3. Kenya (10.0 kg)
4. India (8.0 kg)

Exports of Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres in Tanzania

In 2022, approx. 6.8 tons of waste (including noils, yarn waste and garnetted stock), of man-made fibreses were exported from Tanzania; which is down by -9.4% compared with the previous year's figure. Overall, exports recorded a abrupt decline. The smallest decline of -7.8% was in 2021.

In value terms, exports of waste (including noils, yarn waste and garnetted stock), of man-made fibreses dropped to $2.6K in 2022. Over the period under review, exports saw a dramatic slump.

Top Export Markets for Waste (Including Noils, Yarn Waste and Garnetted Stock), of Man-Made Fibres from Tanzania in 2022:

1. India (3.7 tons)
2. Kenya (2.8 tons)
3. Malawi (0.2 tons)

Source: IndexBox Market Intelligence Platform