Tanzania - Industrial Non-Automatic Sewing Machines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingTanzania: Market for Industrial Sewing Machines (Non-Automatic) 2024
Market Size for Industrial Sewing Machines (Non-Automatic) in Tanzania
The Tanzanian industrial sewing machines (non-automatic) market soared to $X in 2022, with an increase of 29% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a remarkable increase. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.
Exports of Industrial Sewing Machines (Non-Automatic)
Exports from Tanzania
In 2022, overseas shipments of industrial sewing machines (non-automatic) decreased by -87.5% to X units, falling for the third year in a row after two years of growth. Overall, exports recorded a sharp contraction. The most prominent rate of growth was recorded in 2019 with an increase of 50% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.
In value terms, industrial sewing machines (non-automatic) exports shrank notably to $X in 2022. In general, exports recorded a sharp downturn. The pace of growth was the most pronounced in 2018 when exports increased by 1,234%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.
Exports by Country
Kenya (X units) was the main destination for industrial sewing machines (non-automatic) exports from Tanzania, accounting for a approx. 50% share of total exports.
From 2012 to 2022, the average annual growth rate of volume to Kenya was relatively modest.
In value terms, Kenya ($X) emerged as the key foreign market for industrial sewing machines (non-automatic) exports from Tanzania.
From 2012 to 2022, the average annual rate of growth in terms of value to Kenya amounted to -14.4%.
Export Prices by Country
In 2022, the average industrial sewing machines (non-automatic) export price amounted to $X per unit, waning by -46.7% against the previous year. Overall, the export price continues to indicate a dramatic descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 1,234%. The export price peaked at $X per unit 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 Kenya.
From 2012 to 2022, the rate of growth in terms of prices for Burundi amounted to +5.0% per year.
Imports of Industrial Sewing Machines (Non-Automatic)
Imports into Tanzania
In 2022, approx. X units of industrial sewing machines (non-automatic) were imported into Tanzania; jumping by 16% on the year before. In general, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 with an increase of 228% against the previous year. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, industrial sewing machines (non-automatic) imports surged to $X in 2022. Overall, imports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2016 when imports increased by 88% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
Imports by Country
In 2022, India (X units) constituted the largest industrial sewing machines (non-automatic) supplier to Tanzania, with a 62% share of total imports. Moreover, industrial sewing machines (non-automatic) imports from India exceeded the figures recorded by the second-largest supplier, China (X units), twofold. Italy (X units) ranked third in terms of total imports with a 3.8% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from India stood at +24.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+7.7% per year) and Italy (+36.2% per year).
In value terms, China ($X), India ($X) and Italy ($X) appeared to be the largest industrial sewing machines (non-automatic) suppliers to Tanzania, with a combined 81% share of total imports.
In terms of the main suppliers, Italy, with a CAGR of +36.9%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2022, the average industrial sewing machines (non-automatic) import price amounted to $X per unit, rising by 28% against the previous year. Over the period under review, the import price, however, recorded a slight decline. The most prominent rate of growth was recorded in 2014 an increase of 49%. As a result, import price reached the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per unit), while the price for India ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for industrial sewing machines (non-automatic) 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 28942450 - Industrial sewing machines (excluding book-sewing machines, automatic machines)
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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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