Tanzania - Aluminium Bars, Rods And Profiles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingAluminium Bar Price in Tanzania - 2022
Contents:
- Aluminium Bar Price in Tanzania (CIF) - 2022
- Aluminium Bar Price in Tanzania (FOB) - 2022
- Aluminium Bar Imports in Tanzania
- Aluminium Bar Exports in Tanzania
Aluminium Bar Price in Tanzania (CIF) - 2022
The average aluminium bar import price stood at $2,247 per ton in 2022, growing by 8% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 21% against the previous year. Over the period under review, average import prices reached the maximum at $2,442 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
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 ($5,800 per ton), while the price for the United Arab Emirates ($2,056 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Aluminium Bar Price in Tanzania (FOB) - 2022
The average aluminium bar export price stood at $3,152 per ton in 2022, surging by 8.5% against the previous year. Over the period under review, the export price posted a temperate expansion. The most prominent rate of growth was recorded in 2018 an increase of 74% against the previous year. Over the period under review, the average export prices reached the maximum at $3,159 per ton in 2019; afterwards, it flattened through to 2022.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Rwanda ($4,185 per ton), while the average price for exports to Democratic Republic of the Congo ($582 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 Rwanda (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Aluminium Bar Imports in Tanzania
In 2022, imports of aluminium bars, rods and profiles into Tanzania skyrocketed to 7.1K tons, with an increase of 31% against the year before. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.9% 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 +59.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, aluminium bar imports skyrocketed to $16M in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.5% 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 +83.7% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Aluminium Bar in Tanzania (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 6.8 | 8.9 | 9.1 | 14.1 | 27.5% |
Turkey | 0.3 | 1.0 | 0.2 | 0.4 | 10.1% |
United Arab Emirates | 0.8 | 0.2 | 0.7 | 0.3 | -27.9% |
Others | 0.8 | 0.5 | 1.2 | 1.1 | 11.2% |
Total | 8.6 | 10.5 | 11.2 | 15.9 | 22.7% |
Top Suppliers of Aluminium Bar to Tanzania in 2022:
- China (6.7K tons)
- Turkey (0.1K tons)
- United Arab Emirates (0.1K tons)
Aluminium Bar Exports in Tanzania
In 2022, shipments abroad of aluminium bars, rods and profiles decreased by -36.8% to 53 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 10% against the previous year. As a result, the exports reached the peak of 85 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, aluminium bar exports reduced rapidly to $166K in 2022. In general, exports saw a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 1.5%.
Export of Aluminium Bar in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Rwanda | 190 | 196 | 166 | 128 | -12.3% |
Burundi | 14.9 | 11.3 | 44.7 | 8.7 | -16.4% |
Comoros | 1.9 | 2.2 | 5.3 | 3.5 | 22.6% |
Malawi | 20.1 | 17.3 | 4.5 | 1.4 | -58.9% |
Democratic Republic of the Congo | 12.1 | 8.8 | N/A | 1.1 | -55.0% |
Zambia | 1.4 | 2.7 | 13.3 | N/A | 208.2% |
Others | 2.7 | 0.1 | 7.8 | 23.7 | 106.3% |
Total | 243 | 238 | 242 | 166 | -11.9% |
Top Export Markets for Aluminium Bar from Tanzania in 2022:
- Rwanda (30.5 tons)
- Burundi (5.5 tons)
- Comoros (5.0 tons)
- Democratic Republic of the Congo (1.9 tons)
- Malawi (0.8 tons)
This report provides an in-depth analysis of the aluminium bar market in Tanzania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24422230 - Aluminium bars, rods and profiles (excluding rods and profiles prepared for use in structures)
- Prodcom 24422250 - Aluminium alloy bars, rods, profiles and hollow profiles (excluding rods and profiles prepared for use in structures)
Country coverage:
- Tanzania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Tanzania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the aluminium bar market in Tanzania.
This report provides an in-depth analysis of the non-alloy aluminium bar market in Tanzania.
This report provides an in-depth analysis of the global aluminium bar market.
This report provides an in-depth analysis of the global non-alloy aluminium bar market.
This report provides an in-depth analysis of the aluminium bar market in Tanzania.
This report provides an in-depth analysis of the non-alloy aluminium bar market in Tanzania.
Global Aluminium Alloy Bar Market Report 2018. This report provides an in-depth analysis of the global aluminium alloy bar market.
This report provides an in-depth analysis of the global aluminium bar market.
This report provides an in-depth analysis of the global non-alloy aluminium bar market.
Global demand for aluminium bars, rods, and profiles is on the rise, with the market expected to see continued growth in consumption over the next seven years. By 2030, the market volume is projected to reach 30 million tons, valued at $149.2 billion. The article analyzes the market performance, consumption trends, production rates, import and export volumes, and key players in the industry.
Explore the top import markets for aluminium bar with key statistics and data from the IndexBox market intelligence platform. Discover the countries leading the way and driving the demand for aluminium bars.
In value terms, aluminium wire imports totaled $X in 2016. Overall, aluminium wire imports continue to indicate a slight descent. Global aluminium wire import peaked of $X in 2011; however, from X>
In value terms, aluminium wire exports amounted to $X in 2016. In general, aluminium wire exports continue to indicate a relatively flat trend pattern. Over the period under review, global aluminiu...
Global aluminium bar imports stood at X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from ...
Global aluminium bar imports stood at X tons in 2016, increasing by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the period from ...
China dominates in the global aluminium bar, rod and profile trade. In 2014, China exported X thousand tons of aluminium bars, rods and profiles totaling X million USD, X% over the previous year. Its primary trading partner was Malaysia, where
Global demand for aluminium bars, rods, and profiles is on the rise, with the market expected to see continued growth in consumption over the next seven years. By 2030, the market volume is projected to reach 30 million tons, valued at $149.2 billion. The article analyzes the market performance, consumption trends, production rates, import and export volumes, and key players in the industry.
Explore the top import markets for aluminium bar with key statistics and data from the IndexBox market intelligence platform. Discover the countries leading the way and driving the demand for aluminium bars.
In value terms, aluminium wire imports totaled $X in 2016. Overall, aluminium wire imports continue to indicate a slight descent. Global aluminium wire import peaked of $X in 2011; however, from X>