Concrete Mixer Price in Tanzania - 2022

Contents:

1. Concrete Mixer Price in Tanzania (CIF) - 2022
2. Concrete Mixer Price in Tanzania (FOB) - 2022
3. Concrete Mixer Imports in Tanzania
4. Concrete Mixer Exports in Tanzania

Concrete Mixer Price in Tanzania (CIF) - 2022

In 2022, the average concrete mixer import price amounted to $382 per unit, waning by -21.8% against the previous year. Over the period under review, the import price saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2014 when the average import price increased by 23% against the previous year. Over the period under review, average import prices hit record highs at $535 per unit 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 India ($419 per unit), while the price for the UK ($62 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+5.2%), while the prices for the other major suppliers experienced a decline.

Concrete Mixer Price in Tanzania (FOB) - 2022

In 2022, the average concrete mixer export price amounted to $261 per unit, reducing by -44.6% against the previous year. Overall, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2020 an increase of 111%. Over the period under review, the average export prices hit record highs at $663 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($538 per unit), while the average price for exports to Botswana ($67 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (+4.1%), while the prices for the other major destinations experienced a decline.

Concrete Mixer Imports in Tanzania

For the fourth year in a row, Tanzania recorded growth in overseas purchases of concrete or mortar mixers, which increased by 2.2% to 12K units in 2022. The total import volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, concrete mixer imports declined remarkably to $4.4M in 2022. The total import value increased at an average annual rate of +4.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. As a result, imports reached the peak of $5.5M, and then shrank sharply in the following year.

Top Suppliers of Concrete Mixer to Tanzania in 2022:

1. China (8.0K units)
2. India (1.9K units)
3. Turkey (0.7K units)
4. United Kingdom (0.4K units)
5. Lebanon (0.3K units)
6. South Africa (0.1K units)

Concrete Mixer Exports in Tanzania

After three years of growth, shipments abroad of concrete or mortar mixers decreased by -3.2% to 787 units in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 275% against the previous year. The exports peaked at 813 units in 2021, and then reduced in the following year.

In value terms, concrete mixer exports declined notably to $205K in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 689% against the previous year. Over the period under review, the exports reached the peak figure at $383K in 2021, and then reduced rapidly in the following year.

Top Export Markets for Concrete Mixer from Tanzania in 2022:

1. India (378.0 units)
2. Kenya (358.0 units)
3. China (41.0 units)
4. Uganda (4.0 units)
5. Rwanda (2.0 units)

Source: IndexBox Market Intelligence Platform