Price for Metal-Rolling Mills; Tube Mills in Tanzania - 2022

Contents:

  1. Price for Metal-Rolling Mills; Tube Mills in Tanzania (CIF) - 2022
  2. Price for Metal-Rolling Mills; Tube Mills in Tanzania (FOB) - 2022
  3. Imports of Metal-Rolling Mills; Tube Mills in Tanzania
  4. Exports of Metal-Rolling Mills; Tube Mills in Tanzania

Price for Metal-Rolling Mills; Tube Mills in Tanzania (CIF) - 2022

The average metal-rolling mills; tube mills import price stood at $44,886 per unit in 2022, with a decrease of -65.6% against the previous year. In general, the import price, however, enjoyed temperate growth. The most prominent rate of growth was recorded in 2019 an increase of 1,038% against the previous year. Over the period under review, average import prices reached the maximum at $130,636 per unit in 2021, and then dropped dramatically in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($51,639 per unit), while the price for India amounted to $42,635 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+58.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Metal-Rolling Mills; Tube Mills in Tanzania (FOB) - 2022

The average metal-rolling mills; tube mills export price stood at $107,596 per unit in 2022, falling by -1.8% against the previous year. Overall, the export price, however, continues to indicate a significant increase. The pace of growth was the most pronounced in 2014 an increase of 2,244%. The export price peaked at $170,963 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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 Kenya ($117,255 per unit), while the average price for exports to Zambia amounted to $1,343 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uganda (+568,600.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Metal-Rolling Mills; Tube Mills in Tanzania

In 2022, overseas purchases of metal-rolling mills; tube millses decreased by -75% to 4 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports faced a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of 33%. As a result, imports attained the peak of 16 units, and then reduced remarkably in the following year.

In value terms, metal-rolling mills; tube mills imports dropped rapidly to $180K in 2022. Overall, imports showed a sharp contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 219%. As a result, imports attained the peak of $2.1M, and then shrank dramatically in the following year.

Import of Metal-Rolling Mills; Tube Mills in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India15.02655.5128104.3%
China7.710231151.688.5%
Kenya671272478N/A-15.6%
United States17.95.16.3N/A-40.7%
United Arab Emirates21.112.350.4N/A54.6%
South Africa0.50.20.2N/A-36.8%
ItalyN/AN/A644N/A0%
OthersN/AN/A595N/A0%
Total7336562,090180-37.4%

Top Suppliers of Metal-Rolling Mills; Tube Mills to Tanzania in 2022:

  1. India (3.0 units)
  2. China (1.0 units)

Exports of Metal-Rolling Mills; Tube Mills in Tanzania

In 2022, approx. 12 units of metal-rolling mills; tube millses were exported from Tanzania; growing by 9.1% against the previous year. The total export volume increased at an average annual rate of +10.1% 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 2020 with an increase of 11%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, metal-rolling mills; tube mills exports rose rapidly to $1.3M in 2022. The total export value increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Metal-Rolling Mills; Tube Mills in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kenya1,0491,1241,2041,2907.1%
Zambia1.21.21.31.32.7%
OthersN/AN/AN/AN/A0%
Total1,0511,1251,2051,2917.1%

Top Export Markets for Metal-Rolling Mills; Tube Mills from Tanzania in 2022:

  1. Kenya (11.0 units)
  2. Zambia (1.0 units)

Source: IndexBox Market Intelligence Platform

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