Price for Mineral Substances Not Elsewhere Specified or Included in Tanzania - 2022
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Tanzania (CIF) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Tanzania (FOB) - 2022
- Imports of Mineral Substances Not Elsewhere Specified or Included in Tanzania
- Exports of Mineral Substances Not Elsewhere Specified or Included in Tanzania
Price for Mineral Substances Not Elsewhere Specified or Included in Tanzania (CIF) - 2022
The average import price for mineral substances not elsewhere specified or includeds stood at $294 per ton in 2022, with an increase of 8.7% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2018 when the average import price increased by 28% against the previous year. The import price peaked at $838 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Italy ($1,568 per ton), while the price for China ($246 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+9.6%), while the prices for the other major suppliers experienced a decline.
Price for Mineral Substances Not Elsewhere Specified or Included in Tanzania (FOB) - 2022
The average export price for mineral substances not elsewhere specified or includeds stood at $274 per ton in 2022, shrinking by -41.8% against the previous year. In general, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2013 an increase of 202%. Over the period under review, the average export prices hit record highs at $1,923 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($4,000 per ton), while the average price for exports to Poland ($50 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 Turkey (+41.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Mineral Substances Not Elsewhere Specified or Included in Tanzania
In 2022, supplies from abroad of mineral substances not elsewhere specified or includeds decreased by -58.1% to 438 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a dramatic decline. The pace of growth appeared the most rapid in 2020 with an increase of 57%. As a result, imports reached the peak of 1.3K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of mineral substances not elsewhere specified or includeds fell sharply to $129K in 2022. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 74% against the previous year. As a result, imports reached the peak of $436K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Mineral Substances Not Elsewhere Specified or Included in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 108 | N/A | 253 | 105 | -0.9% |
| Italy | 11.5 | N/A | N/A | 12.6 | 3.1% |
| Turkey | 0.2 | 98.7 | 3.5 | N/A | 318.3% |
| Others | 130 | 337 | 25.4 | 10.5 | -56.8% |
| Total | 250 | 436 | 282 | 129 | -19.8% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Tanzania in 2022:
- Kenya (421.4 tons)
- Italy (8.0 tons)
Exports of Mineral Substances Not Elsewhere Specified or Included in Tanzania
In 2022, after two years of decline, there was significant growth in shipments abroad of mineral substances not elsewhere specified or includeds, when their volume increased by 69,111% to 350 tons. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of mineral substances not elsewhere specified or includeds skyrocketed to $96K in 2022. In general, exports enjoyed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Mineral Substances Not Elsewhere Specified or Included in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 0.1 | N/A | 57.3 | 2293.7% |
| Poland | N/A | N/A | N/A | 12.0 | 0% |
| Others | 2.2 | 0.6 | 0.2 | 26.5 | 129.2% |
| Total | 2.2 | 0.8 | 0.2 | 95.8 | 251.8% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Tanzania in 2022:
- Poland (240.0 tons)
- China (104.0 tons)
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