Report Update Nov 1, 2024

Tanzania - Sewing Thread of Man-Made Filaments or Staple Fibers - Market Analysis, Forecast, Size, Trends and Insights

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Tanzania: Sewing Thread Market 2024

Sewing Thread Market Size in Tanzania

In 2022, the Tanzanian sewing thread market decreased by -49% to $X for the first time since 2016, thus ending a five-year rising trend. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2021, and then dropped markedly in the following year.

Sewing Thread Exports

Exports from Tanzania

In 2022, after two years of growth, there was significant decline in overseas shipments of sewing thread of man-made filaments or staple fibers, when their volume decreased by -75.2% to X tons. In general, exports, however, posted a noticeable increase. The most prominent rate of growth was recorded in 2016 when exports increased by 869% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, sewing thread exports dropped markedly to $X in 2022. Over the period under review, exports, however, continue to indicate measured growth. The growth pace was the most rapid in 2016 when exports increased by 302% against the previous year. The exports peaked at $X in 2021, and then contracted dramatically in the following year.

Exports by Country

Democratic Republic of the Congo (X tons), Burundi (X tons) and Kenya (X tons) were the main destinations of sewing thread exports from Tanzania, with a combined 93% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Burundi (with a CAGR of +33.8%), while the other leaders experienced more modest paces of growth.

In value terms, Burundi ($X), Kenya ($X) and Democratic Republic of the Congo ($X) appeared to be the largest markets for sewing thread exported from Tanzania worldwide, together comprising 92% of total exports.

In terms of the main countries of destination, Burundi, with a CAGR of +39.3%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sewing thread export price stood at $X per ton in 2022, shrinking by -58.3% against the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 101% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($X per ton), while the average price for exports to Democratic Republic of the Congo ($X 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 Saudi Arabia (+26.8%), while the prices for the other major destinations experienced more modest paces of growth.

Sewing Thread Imports

Imports into Tanzania

In 2022, purchases abroad of sewing thread of man-made filaments or staple fibers decreased by -32.6% to X tons for the first time since 2014, thus ending a seven-year rising trend. In general, imports, however, showed notable growth. The most prominent rate of growth was recorded in 2018 when imports increased by 45%. Over the period under review, imports attained the peak figure at X tons in 2021, and then declined dramatically in the following year.

In value terms, sewing thread imports declined remarkably to $X in 2022. Overall, imports showed a deep setback. The pace of growth appeared the most rapid in 2018 with an increase of 51%. Imports peaked at $X in 2021, and then declined significantly in the following year.

Imports by Country

In 2022, China (X tons) was the main sewing thread supplier to Tanzania, accounting for a 95% share of total imports. It was followed by India (X tons), with a 3% share of total imports. Hong Kong SAR (X tons) ranked third in terms of total imports with a 0.5% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-0.7% per year) and Hong Kong SAR (-11.1% per year).

In value terms, China ($X) constituted the largest supplier of sewing thread of man-made filaments or staple fibers to Tanzania, comprising 88% of total imports. The second position in the ranking was taken by India ($X), with a 6.3% share of total imports. It was followed by Hong Kong SAR, with a 0.4% share.

From 2012 to 2022, the average annual growth rate of value from China stood at -4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: India (-5.7% per year) and Hong Kong SAR (-13.4% per year).

Import Prices by Country

The average sewing thread import price stood at $X per ton in 2022, declining by -48.3% against the previous year. In general, the import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2014 an increase of 10% against the previous year. The import price peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Hong Kong SAR ($X 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 (+4.7%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

This report provides an in-depth analysis of the sewing 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 13108510 - Sewing thread of man-made filaments
Prodcom 13108550 - Sewing thread of man-made staple fibres

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