Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Tanzania - 2022
Contents:
- Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Tanzania (FOB) - 2022
- Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Tanzania
Price for Yarn of Carded Wool, Not Put Up for Retail Sale in Tanzania (FOB) - 2022
The average export price for yarn of carded wool, not put up for retail sale stood at $2,273 per ton in 2022, with a decrease of -6.3% against the previous year. Overall, the export price saw a abrupt shrinkage. The pace of growth was the most pronounced in 2015 when the average export price increased by 79%. The export price peaked at $5,122 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
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 -7.8% per year.
Exports of Yarn of Carded Wool, Not Put Up for Retail Sale in Tanzania
For the fourth year in a row, Tanzania recorded growth in shipments abroad of yarn of carded wool, not put up for retail sale, which increased by 8.2% to 66 kg in 2022. The total export volume increased at an average annual rate of +7.6% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of yarn of carded wool, not put up for retail sale amounted to $150 in 2022. The total export value increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 2.1%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Yarn of Carded Wool, Not Put Up for Retail Sale in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Burundi | 142 | 145 | 148 | 150 | 1.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 142 | 145 | 148 | 150 | 1.8% |
Top Export Markets for Yarn of Carded Wool, Not Put Up for Retail Sale from Tanzania in 2022:
- Burundi (66.0 kg)
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