Price for Chain; Articulated Link, Roller, of Iron or Steel in Tanzania - 2022

Contents:

1. Price for Chain; Articulated Link, Roller, of Iron or Steel in Tanzania (CIF) - 2022
2. Price for Chain; Articulated Link, Roller, of Iron or Steel in Tanzania (FOB) - 2022
3. Imports of Chain; Articulated Link, Roller, of Iron or Steel in Tanzania
4. Exports of Chain; Articulated Link, Roller, of Iron or Steel in Tanzania

Price for Chain; Articulated Link, Roller, of Iron or Steel in Tanzania (CIF) - 2022

In 2022, the average import price for chain; articulated link, roller, of iron or steel amounted to $2,839 per ton, growing by 36% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $3,947 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 Germany ($21,906 per ton), while the price for China ($1,166 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Chain; Articulated Link, Roller, of Iron or Steel in Tanzania (FOB) - 2022

The average export price for chain; articulated link, roller, of iron or steel stood at $1,517 per ton in 2022, dropping by -51.6% against the previous year. Over the period under review, the export price faced a abrupt slump. The pace of growth appeared the most rapid in 2015 an increase of 21% against the previous year. As a result, the export price reached the peak level of $10,238 per ton. From 2016 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Zambia.

From 2012 to 2022, the rate of growth in terms of prices for South Africa amounted to -6.1% per year.

Imports of Chain; Articulated Link, Roller, of Iron or Steel in Tanzania

In 2022, after three years of growth, there was significant decline in purchases abroad of chain; articulated link, roller, of iron or steel, when their volume decreased by -5.8% to 445 tons. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +19.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 43% against the previous year.

In value terms, imports of chain; articulated link, roller, of iron or steel surged to $1.3M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +19.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.6% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 32%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Top Suppliers of Chain; Articulated Link, Roller, of Iron or Steel to Tanzania in 2022:

1. China (327.7 tons)
2. India (88.7 tons)
3. South Africa (16.3 tons)
4. Germany (6.7 tons)
5. United Kingdom (0.1 tons)

Exports of Chain; Articulated Link, Roller, of Iron or Steel in Tanzania

In 2022, exports of chain; articulated link, roller, of iron or steel from Tanzania fell dramatically to 151 kg, reducing by -71.8% against 2021 figures. Over the period under review, exports, however, posted a slight increase. The most prominent rate of growth was recorded in 2021 when exports increased by 475%. As a result, the exports reached the peak of 535 kg, and then fell markedly in the following year.

In value terms, exports of chain; articulated link, roller, of iron or steel contracted significantly to $229 in 2022. Overall, exports saw a precipitous shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 557% against the previous year. As a result, the exports reached the peak of $1.7K, and then fell markedly in the following year.

Top Export Markets for Chain; Articulated Link, Roller, of Iron or Steel from Tanzania in 2022:

1. Zambia (151.0 kg)

Source: IndexBox Market Intelligence Platform