Tanzania - Tyres For Motor Cars - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPassenger Car Tyre Price in Tanzania - 2021
Contents:
- Passenger Car Tyre Price in Tanzania (CIF) - 2021
- Passenger Car Tyre Price in Tanzania (FOB) - 2022
- Passenger Car Tyre Imports in Tanzania
- Passenger Car Tyre Exports in Tanzania
Passenger Car Tyre Price in Tanzania (CIF) - 2021
The average passenger car tyre import price stood at $27.0 per unit in December 2021, stabilizing at the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +2.1%. The pace of growth was the most pronounced in October 2021 when the average import price increased by 44% m-o-m. Over the period under review, average import prices attained the maximum at $31.2 per unit in May 2021; however, from June 2021 to December 2021, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($114 per unit), while the price for the United Arab Emirates ($9.3 per unit) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Passenger Car Tyre Price in Tanzania (FOB) - 2022
In 2022, the average passenger car tyre export price amounted to $62 per unit, jumping by 96% against the previous year. In general, export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($63 per unit), while the average price for exports to Kenya ($62 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 (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.
Passenger Car Tyre Imports in Tanzania
In 2022, overseas purchases of tyres for motor cars decreased by -10.5% to 561K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +8.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. As a result, imports reached the peak of 627K units, and then shrank in the following year.
In value terms, passenger car tyre imports dropped to $33M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.1% 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 +53.6% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 68% against the previous year. As a result, imports attained the peak of $36M, and then fell in the following year.
Import of Passenger Car Tyre in Tanzania (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 11.1 | 12.2 | 18.1 | 20.0 | 21.7% |
Thailand | 1.0 | 0.6 | 3.5 | 4.4 | 63.9% |
South Africa | 2.0 | 2.5 | 3.6 | 4.2 | 28.1% |
United States | 2.8 | 2.3 | 2.1 | 1.2 | -24.6% |
Japan | 0.7 | 0.9 | 1.6 | 1.1 | 16.3% |
India | 0.9 | 0.4 | 0.7 | 0.6 | -12.6% |
United Arab Emirates | 2.5 | 2.2 | 5.4 | 0.2 | -56.9% |
Others | 0.8 | 0.4 | 1.1 | 1.2 | 14.5% |
Total | 21.7 | 21.5 | 36.1 | 33.0 | 15.0% |
Top Suppliers of Passenger Car Tyre to Tanzania in 2022:
- China (340.5K units)
- Thailand (75.3K units)
- South Africa (71.5K units)
- United States (20.1K units)
- Japan (18.7K units)
- India (9.9K units)
- United Arab Emirates (4.1K units)
Passenger Car Tyre Exports in Tanzania
In 2022, approx. 13K units of tyres for motor cars were exported from Tanzania; with an increase of 785% on the year before. Over the period under review, exports recorded a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, passenger car tyre exports skyrocketed to $802K in 2022. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Passenger Car Tyre in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kenya | 42.2 | 1.0 | N/A | 391 | 110.0% |
Democratic Republic of the Congo | N/A | N/A | N/A | 210 | 0% |
Zambia | 5.3 | 28.8 | 29.1 | 190 | 229.7% |
Uganda | N/A | 0.1 | 17.1 | N/A | 17000.0% |
Others | 1.7 | 1.4 | 0.1 | 11.4 | 88.6% |
Total | 49.2 | 31.2 | 46.2 | 802 | 153.6% |
Top Export Markets for Passenger Car Tyre from Tanzania in 2022:
- Kenya (6.3K units)
- Democratic Republic of the Congo (3.4K units)
- Zambia (3.0K units)
This report provides an in-depth analysis of the passenger car tyre 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 22111100 - New pneumatic rubber tyres for motor cars (including for racing cars)
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
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