Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Tanzania - 2022
Contents:
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Tanzania (CIF) - 2022
- Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Tanzania (FOB) - 2022
- Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Tanzania
- Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Tanzania
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Tanzania (CIF) - 2022
The average import price for silicates; of sodium (excluding sodium metasilicates)s stood at $357 per ton in 2022, surging by 27% against the previous year. In general, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for silicates; of sodium (excluding sodium metasilicates)s increased by +43.0% against 2020 indices. The pace of growth was the most pronounced in 2018 an increase of 57%. As a result, import price attained the peak level of $398 per ton. From 2019 to 2022, the average 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 China ($461 per ton), while the price for Iran ($221 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Kenya (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Silicates; of Sodium (Excluding Sodium Metasilicates) in Tanzania (FOB) - 2022
In 2022, the average export price for silicates; of sodium (excluding sodium metasilicates)s amounted to $593 per ton, surging by 88% against the previous year. Over the period under review, the export price recorded a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($971 per ton), while the average price for exports to Malawi ($433 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 (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Tanzania
In 2022, the amount of silicates; of sodium (excluding sodium metasilicates)s imported into Tanzania skyrocketed to 4.8K tons, growing by 45% on the year before. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 142% against the previous year. As a result, imports attained the peak of 5.6K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of silicates; of sodium (excluding sodium metasilicates)s soared to $1.7M in 2022. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 104%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Silicates; of Sodium (Excluding Sodium Metasilicates) in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kenya | 245 | 777 | 416 | 793 | 47.9% |
| China | 93.4 | 143 | 207 | 595 | 85.4% |
| Iran | 165 | 101 | 43.6 | 177 | 2.4% |
| Pakistan | 0.1 | 0.2 | 0.2 | 148 | 1039.6% |
| India | 43.0 | 17.5 | 20.7 | 0.1 | -86.8% |
| Hong Kong SAR | N/A | 99.3 | N/A | N/A | 0% |
| United Arab Emirates | 28.1 | 34.3 | 18.9 | N/A | -18.0% |
| Netherlands | 101 | 205 | 221 | N/A | 47.9% |
| Others | 4.9 | 10.5 | 11.6 | 13.3 | 39.5% |
| Total | 680 | 1,387 | 940 | 1,726 | 36.4% |
Top Suppliers of Silicates; of Sodium (Excluding Sodium Metasilicates) to Tanzania in 2022:
- Kenya (2320.0 tons)
- China (1290.4 tons)
- Iran (800.0 tons)
- Pakistan (393.4 tons)
- India (0.5 tons)
Exports of Silicates; of Sodium (Excluding Sodium Metasilicates) in Tanzania
For the fourth consecutive year, Tanzania recorded growth in overseas shipments of silicates; of sodium (excluding sodium metasilicates)s, which increased by 98% to 2.6K tons in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 308%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of silicates; of sodium (excluding sodium metasilicates)s skyrocketed to $1.5M in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Silicates; of Sodium (Excluding Sodium Metasilicates) in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 27.3 | 43.4 | 76.5 | 689 | 193.3% |
| Burundi | 31.8 | 40.0 | 112 | 533 | 155.9% |
| Democratic Republic of the Congo | N/A | N/A | N/A | 204 | 0% |
| Zambia | 17.6 | 27.3 | 162 | 74.7 | 61.9% |
| Malawi | 4.9 | 15.8 | 24.3 | 25.1 | 72.4% |
| Zimbabwe | N/A | N/A | 34.4 | N/A | 0% |
| Others | 1.2 | N/A | N/A | N/A | 0% |
| Total | 82.7 | 127 | 410 | 1,526 | 164.3% |
Top Export Markets for Silicates; of Sodium (Excluding Sodium Metasilicates) from Tanzania in 2022:
- Rwanda (1582.1 tons)
- Burundi (574.5 tons)
- Democratic Republic of the Congo (210.0 tons)
- Zambia (150.0 tons)
- Malawi (58.0 tons)
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