Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Tanzania - 2022
Contents:
- Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Tanzania (CIF) - 2022
- Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Tanzania
Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Tanzania (CIF) - 2022
The average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $7,377 per unit in 2022, growing by 35% against the previous year. Over the period under review, the import price posted buoyant growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 45%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($6,181 per unit), while the price for China ($871 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+94.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Tanzania
In 2022, after three years of growth, there was decline in supplies from abroad of weaving machines (looms); for weaving fabrics of a width 30cm or lesses, when their volume decreased by 0% to 12 units. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 71%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses surged to $66K in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 90%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.4 | 1.6 | 11.4 | 61.8 | 436.6% |
| India | 9.7 | 41.2 | 39.8 | 3.7 | -27.5% |
| China | 12.6 | 0.2 | 3.6 | 0.9 | -58.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 22.6 | 43.1 | 54.7 | 66.4 | 43.2% |
Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Tanzania in 2022:
- Germany (10.0 units)
- China (1.0 units)
- India (1.0 units)
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