Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Tanzania - 2023
Contents:
- Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Tanzania (CIF) - 2022
- Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Tanzania
Price for Yarn of Combed Wool, Not Put Up for Retail Sale in Tanzania (CIF) - 2022
The average import price for yarn of combed wool, not put up for retail sale stood at $19,647 per ton in 2022, shrinking by -10% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% 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 yarn of combed wool, not put up for retail sale increased by +115.9% against 2016 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 33%. Over the period under review, average import prices hit record highs at $21,825 per ton in 2021, and then shrank in the following year.
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 ($91,931 per ton), while the price for the UK stood at $9,753 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+70.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Yarn of Combed Wool, Not Put Up for Retail Sale in Tanzania
In 2022, supplies from abroad of yarn of combed wool, not put up for retail sale increased by 17% to 598 kg for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a mild decline.
In value terms, imports of yarn of combed wool, not put up for retail sale rose modestly to $12K in 2022. The total import value increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The growth pace was the most rapid in 2020 with an increase of 4.9% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in years to come.
| Import of Yarn of Combed Wool, Not Put Up for Retail Sale in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | N/A | 4.6 | 6.6 | 43.5% |
| United Kingdom | N/A | N/A | 3.4 | 5.1 | 50.0% |
| China | 10.1 | 6.8 | N/A | N/A | -32.7% |
| United Arab Emirates | N/A | 3.9 | N/A | N/A | 0% |
| Others | N/A | N/A | 3.3 | N/A | 0% |
| Total | 10.2 | 10.7 | 11.2 | 11.7 | 4.7% |
Top Suppliers of Yarn of Combed Wool, Not Put Up for Retail Sale to Tanzania in 2022:
- United Kingdom (526.0 kg)
- South Africa (72.0 kg)
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