Tanzania - Electric Smoothing Irons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSmoothing Iron Price in Tanzania - 2022
Contents:
- Smoothing Iron Price in Tanzania (CIF) - 2022
- Smoothing Iron Price in Tanzania (FOB) - 2022
- Smoothing Iron Imports in Tanzania
- Smoothing Iron Exports in Tanzania
Smoothing Iron Price in Tanzania (CIF) - 2022
The average smoothing iron import price stood at $25 per unit in 2022, growing by 19% against the previous year. Overall, import price indicated temperate growth 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, smoothing iron import price increased by +61.2% against 2020 indices. The growth pace was the most rapid in 2013 when the average import price increased by 37% against the previous year. Over the period under review, average import prices reached the maximum at $29 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Africa ($25 per unit) and the United Arab Emirates ($25 per unit), while the price for Singapore ($25 per unit) and China ($25 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Smoothing Iron Price in Tanzania (FOB) - 2022
In 2022, the average smoothing iron export price amounted to $22 per unit, rising by 47% against the previous year. Over the period under review, the export price showed a pronounced increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 214% against the previous year. As a result, the export price reached the peak level of $35 per unit. From 2019 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was South Africa ($34 per unit), while the average price for exports to Zambia ($9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+72.9%), while the prices for the other major destinations experienced more modest paces of growth.
Smoothing Iron Imports in Tanzania
Smoothing iron imports into Tanzania surged to 68K units in 2022, picking up by 30% against 2021 figures. The total import volume increased at an average annual rate of +9.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 30% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, smoothing iron imports soared to $1.7M in 2022. Over the period under review, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Smoothing Iron in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 261 | 355 | 385 | 1,437 | 76.6% |
| United Arab Emirates | 583 | 630 | 640 | 147 | -36.8% |
| United Kingdom | 11.5 | 10.2 | 11.8 | 32.9 | 42.0% |
| Indonesia | 29.6 | 17.8 | 18.1 | 0.1 | -85.0% |
| Others | 10.6 | 26.1 | 35.0 | 65.4 | 83.4% |
| Total | 895 | 1,039 | 1,089 | 1,682 | 23.4% |
Top Suppliers of Smoothing Iron to Tanzania in 2022:
- China (57.9K units)
- United Arab Emirates (5.9K units)
- United Kingdom (1.3K units)
Smoothing Iron Exports in Tanzania
For the third year in a row, Tanzania recorded decline in overseas shipments of electric smoothing irons, which decreased by -53.6% to 13 units in 2022. Over the period under review, exports faced a significant decline. The smallest decline of -3.4% was in 2021. The exports peaked at 59 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, smoothing iron exports fell markedly to $285 in 2022. Overall, exports saw a sharp decline. The smallest decline of -6.5% was in 2021. The exports peaked at $1.3K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Smoothing Iron in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uganda | 238 | 21.0 | 10.0 | 167 | -11.1% |
| United Kingdom | 31.0 | 6.0 | 1.0 | 45.0 | 13.2% |
| South Africa | 26.0 | 3.0 | 1.0 | 34.0 | 9.4% |
| Belgium | N/A | N/A | N/A | 30.0 | 0% |
| Zambia | 140 | 7.0 | 2.0 | 9.0 | -59.9% |
| Malawi | 393 | 39.0 | 13.0 | N/A | -81.8% |
| Kenya | 44.0 | 3.0 | 1.0 | N/A | -84.9% |
| Democratic Republic of the Congo | 88.0 | 335 | 332 | N/A | 94.2% |
| France | 24.0 | N/A | N/A | N/A | 0% |
| Comoros | 62.0 | 7.0 | 7.0 | N/A | -66.4% |
| Burundi | 3.0 | 14.0 | 42.0 | N/A | 274.2% |
| Angola | 60.0 | N/A | N/A | N/A | 0% |
| Others | 200 | 11.0 | 8.0 | N/A | -80.0% |
| Total | 1,309 | 446 | 417 | 285 | -39.8% |
Top Export Markets for Smoothing Iron from Tanzania in 2022:
- United Kingdom (5.0 units)
- Uganda (5.0 units)
- Belgium (1.0 units)
- Zambia (1.0 units)
- South Africa (1.0 units)
This report provides an in-depth analysis of the smoothing iron 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 27512370 - Electric smoothing irons
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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