Electric Blanket Price in Tanzania - 2022

Electric Blanket Price in Tanzania (CIF) - 2022

The average electric blanket import price stood at $20 per unit in 2022, increasing by 22% against the previous year. In general, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, electric blanket import price increased by +169.6% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 75% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Kenya ($83 per unit), while the price for India ($1.9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Electric Blanket Price in Tanzania (FOB) - 2022

In 2022, the average electric blanket export price amounted to less than $0.1 per unit, remaining stable against the previous year. In general, the export price showed significant growth. The pace of growth appeared the most rapid in 2013 an increase of 0.1% against the previous year. Over the period under review, the average export prices reached the peak figure at $316 per unit in 2018; however, from 2019 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 Comoros.

From 2012 to 2022, the rate of growth in terms of prices for Comoros amounted to -0.7% per year.

Electric Blanket Imports in Tanzania

Electric blanket imports into Tanzania contracted dramatically to 530 units in 2022, dropping by -73.4% on the year before. Over the period under review, imports recorded a mild reduction. The pace of growth was the most pronounced in 2021 when imports increased by 537%. As a result, imports attained the peak of 2K units, and then fell notably in the following year.

In value terms, electric blanket imports declined markedly to $11K in 2022. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 706%. As a result, imports reached the peak of $33K, and then contracted significantly in the following year.

Import of Electric Blanket in Tanzania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1.5	1.5	6.4	3.8	36.3%
United Arab Emirates	0.6	0.7	9.1	1.9	46.8%
South Africa	0.7	0.8	0.1	1.4	26.0%
India	0.5	0.4	4.5	0.7	11.9%
Others	1.0	0.7	13.1	3.0	44.2%
Total	4.2	4.1	33.2	10.8	37.0%

Top Suppliers of Electric Blanket to Tanzania in 2022:

China (669.0 units)
India (385.0 units)
United Arab Emirates (46.0 units)
South Africa (18.0 units)

Electric Blanket Exports in Tanzania

In 2022, the amount of electric blankets exported from Tanzania amounted to 1 units, flattening at 2021 figures. Overall, exports recorded a relatively flat trend pattern. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.