Tanzania: Market for Tanned or Dressed Furskins 2025

Market Size for Tanned or Dressed Furskins in Tanzania

In 2022, the Tanzanian tanned or dressed furskins market decreased by -27.3% to $X for the first time since 2017, thus ending a four-year rising trend. Over the period under review, consumption, however, continues to indicate notable growth. As a result, consumption reached the peak level of $X, and then reduced remarkably in the following year.

Production of Tanned or Dressed Furskins in Tanzania

In value terms, tanned or dressed furskins production reduced remarkably to $X in 2022 estimated in export price. Over the period under review, production recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2013 with an increase of 60%. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Exports of Tanned or Dressed Furskins

Exports from Tanzania

In 2022, overseas shipments of tanned or dressed furskins increased by 8.5% to X units for the first time since 2017, thus ending a four-year declining trend. Over the period under review, exports, however, recorded a precipitous decline. The pace of growth appeared the most rapid in 2013 when exports increased by 116% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, tanned or dressed furskins exports expanded to $X in 2022. Overall, exports, however, recorded a sharp curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 119%. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X units) was the main destination for tanned or dressed furskins exports from Tanzania, with a 64% share of total exports. Moreover, tanned or dressed furskins exports to the United States exceeded the volume sent to the second major destination, Hong Kong SAR (X units), more than tenfold. The third position in this ranking was taken by Mexico (X units), with a 3.3% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled -30.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hong Kong SAR (-13.6% per year) and Mexico (-34.4% per year).

In value terms, the United States ($X) remains the key foreign market for tanned or dressed furskins exports from Tanzania, comprising 65% of total exports. The second position in the ranking was held by the UK ($X), with a 3.9% share of total exports. It was followed by Germany, with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States amounted to -26.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-27.3% per year) and Germany (-30.2% per year).

Export Prices by Country

In 2022, the average tanned or dressed furskins export price amounted to $X per unit, shrinking by -4.2% against the previous year. In general, the export price, however, posted a resilient increase. The pace of growth was the most pronounced in 2020 an increase of 129%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then shrank slightly in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Hong Kong SAR ($X 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 Mexico (+34.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tanned or Dressed Furskins

Imports into Tanzania

In 2022, purchases abroad of tanned or dressed furskins decreased by -2% to X units, falling for the fourth year in a row after two years of growth. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 9,587% against the previous year. Imports peaked at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, tanned or dressed furskins imports expanded markedly to $X in 2022. Overall, imports, however, showed a resilient expansion. The growth pace was the most rapid in 2013 when imports increased by 9,796% against the previous year. Over the period under review, imports attained the peak figure at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) was the main tanned or dressed furskins supplier to Tanzania, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China stood at +26.4%.

In value terms, China ($X) constituted the largest supplier of tanned or dressed furskins to Tanzania.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +29.0%.

Import Prices by Country

The average tanned or dressed furskins import price stood at $X per unit in 2022, picking up by 15% against the previous year. In general, the import price, however, showed a abrupt shrinkage. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +2.1% per year.

Source: IndexBox Platform