Report Update: May 1, 2024

Tanzania - Vulcanised Rubber Thread And Cord - Market Analysis, Forecast, Size, Trends And Insights

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Vulcanised Rubber Thread Price in Tanzania - 2022

Vulcanised Rubber Thread Price in Tanzania (CIF) - 2022

The average vulcanised rubber thread import price stood at $2,501 per ton in 2022, with a decrease of -24% against the previous year. In general, the import price continues to indicate a mild descent. The growth pace was the most rapid in 2016 an increase of 23% against the previous year. Over the period under review, average import prices reached the maximum at $3,985 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 ($2,588 per ton), while the price for China ($680 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 (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Vulcanised Rubber Thread Price in Tanzania (FOB) - 2022

The average vulcanised rubber thread export price stood at $1,291 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, vulcanised rubber thread export price increased by +8.2% against 2020 indices. The growth pace was the most rapid in 2015 an increase of 51%. As a result, the export price reached the peak level of $1,925 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Comoros ($1,444 per ton), while the average price for exports to Rwanda ($1,280 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 Democratic Republic of the Congo (+914.9%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Thread Imports in Tanzania

In 2022, the amount of vulcanised rubber thread and cord imported into Tanzania dropped rapidly to 60 tons, which is down by -80.2% against the previous year's figure. Over the period under review, imports recorded a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of 305 tons, and then fell markedly in the following year.

In value terms, vulcanised rubber thread imports contracted dramatically to $151K in 2022. Overall, imports showed a significant decrease. The growth pace was the most rapid in 2021 when imports increased by 10%. As a result, imports attained the peak of $1M, and then dropped sharply in the following year.

Import of Vulcanised Rubber Thread in Tanzania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
South Africa	15.8	43.4	110	149	111.3%
China	127	12.8	49.2	1.8	-75.8%
India	25.0	17.6	23.3	0.4	-74.8%
Kenya	479	558	596	N/A	11.5%
Malaysia	252	235	201	N/A	-10.7%
Others	49.2	42.4	23.5	0.1	-87.3%
Total	948	908	1,002	151	-45.8%

Top Suppliers of Vulcanised Rubber Thread to Tanzania in 2022:

South Africa (57.5 tons)
China (2.6 tons)
India (0.3 tons)

Vulcanised Rubber Thread Exports in Tanzania

In 2022, the amount of vulcanised rubber thread and cord exported from Tanzania fell significantly to 330 kg, declining by -31.1% against 2021. Over the period under review, exports saw a sharp shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 137%.

In value terms, vulcanised rubber thread exports dropped significantly to $426 in 2022. In general, exports showed a sharp reduction. The growth pace was the most rapid in 2021 when exports increased by 154% against the previous year.

Export of Vulcanised Rubber Thread in Tanzania (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Rwanda	493	63.0	216	215	-24.2%
Burundi	2,035	172	388	198	-54.0%
Comoros	59.0	6.0	8.0	13.0	-39.6%
Others	N/A	N/A	N/A	N/A	0%
Total	2,587	241	612	426	-45.2%

Top Export Markets for Vulcanised Rubber Thread from Tanzania in 2022:

Rwanda (168.0 kg)
Burundi (153.0 kg)
Comoros (9.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the vulcanised rubber thread market in Tanzania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22192050 - Vulcanised rubber thread and cord

Country coverage:

Tanzania

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Tanzania
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023