Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Tanzania - 2022

Contents:

1. Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Tanzania (CIF) - 2022
2. Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Tanzania

Price for Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Tanzania (CIF) - 2022

In 2022, the average import price for polymers, natural; alginic acid, its salts and esters, in primary formses amounted to $3,038 per ton, surging by 5.8% against the previous year. In general, the import price, however, saw a mild reduction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 26%. The import price peaked at $4,634 per ton in 2014; however, from 2015 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 India ($3,751 per ton), while the price for the United Arab Emirates ($1,460 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms in Tanzania

In 2022, after three years of growth, there was significant decline in purchases abroad of polymers, natural; alginic acid, its salts and esters, in primary formses, when their volume decreased by -32.7% to 229 tons. Overall, imports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 184% against the previous year.

In value terms, imports of polymers, natural; alginic acid, its salts and esters, in primary formses contracted dramatically to $697K in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 150%.

Top Suppliers of Polymers, Natural; Alginic Acid, Its Salts and Esters, in Primary Forms to Tanzania in 2022:

1. Egypt (126.3 tons)
2. India (46.3 tons)
3. China (35.7 tons)
4. United Arab Emirates (21.2 tons)

Source: IndexBox Market Intelligence Platform