Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Tanzania - 2023

Contents:

  1. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Tanzania (CIF) - 2022
  2. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Tanzania (FOB) - 2022
  3. Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Tanzania
  4. Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Tanzania

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Tanzania (CIF) - 2022

In 2022, the average import price for footwear; parts, outer soles and heels, of rubber or plasticses amounted to $608 per ton, approximately reflecting the previous year. Overall, the import price continues to indicate a pronounced descent. The pace of growth was the most pronounced in 2015 an increase of 14% against the previous year. As a result, import price reached the peak level of $1,020 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 -3.0% per year.

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Tanzania (FOB) - 2022

The average export price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $2,884 per ton in 2022, increasing by 71% against the previous year. Overall, the export price saw resilient growth. The growth pace was the most rapid in 2019 an increase of 120%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Botswana ($10,000 per ton), while the average price for exports to Malawi ($2,079 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 Botswana (+154.6%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Tanzania

In 2022, approx. 1.7K tons of footwear; parts, outer soles and heels, of rubber or plasticses were imported into Tanzania; falling by -13.7% compared with the year before. Over the period under review, imports continue to indicate a pronounced descent. The pace of growth appeared the most rapid in 2021 with an increase of 11%. As a result, imports attained the peak of 2K tons, and then contracted in the following year.

In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses declined to $1M in 2022. In general, imports showed a slight downturn. The pace of growth was the most pronounced in 2021 with an increase of 16% against the previous year. As a result, imports attained the peak of $1.2M, and then dropped in the following year.

Import of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Tanzania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.11.01.21.0-3.1%
OthersN/AN/A0.1N/A0%
Total1.11.11.21.0-3.1%

Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Tanzania in 2022:

  1. China (1724.6 tons)

Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Tanzania

After three years of growth, shipments abroad of footwear; parts, outer soles and heels, of rubber or plasticses decreased by -99.9% to 43 kg in 2022. In general, exports continue to indicate a precipitous setback. The pace of growth appeared the most rapid in 2020 when exports increased by 84% against the previous year.

In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses fell rapidly to $124 in 2022. Overall, exports recorded a dramatic curtailment. The pace of growth was the most pronounced in 2020 with an increase of 70% against the previous year.

Export of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malawi0.40.20.40.1-37.0%
Comoros13.930.254.6N/A98.2%
Rwanda3.12.1N/AN/A-32.3%
BotswanaN/A0.1N/AN/A0%
South AfricaN/AN/AN/AN/A0%
Others1.8N/AN/AN/A0%
Total19.232.655.00.1-82.7%

Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Tanzania in 2022:

  1. Malawi (38.0 kg)
  2. Botswana (4.0 kg)
  3. South Africa (1.0 kg)

Source: IndexBox Market Intelligence Platform

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