Price for Zinc; Plates, Sheets, Strip and Foil in Tanzania - 2022
Contents:
- Price for Zinc; Plates, Sheets, Strip and Foil in Tanzania (CIF) - 2022
- Price for Zinc; Plates, Sheets, Strip and Foil in Tanzania (FOB) - 2022
- Imports of Zinc; Plates, Sheets, Strip and Foil in Tanzania
- Exports of Zinc; Plates, Sheets, Strip and Foil in Tanzania
Price for Zinc; Plates, Sheets, Strip and Foil in Tanzania (CIF) - 2022
In 2022, the average import price for zinc; plates, sheets, strip and foils amounted to $1,218 per ton, picking up by 18% against the previous year. Over the period under review, the import price, however, showed a abrupt contraction. The pace of growth was the most pronounced in 2021 an increase of 53% against the previous year. Over the period under review, average import prices reached the maximum at $3,250 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($1,991 per ton), while the price for China ($123 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+4.3%), while the prices for the other major suppliers experienced a decline.
Price for Zinc; Plates, Sheets, Strip and Foil in Tanzania (FOB) - 2022
The average export price for zinc; plates, sheets, strip and foils stood at $1,141 per ton in 2022, with a decrease of -16.4% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 25% against the previous year. As a result, the export price attained the peak level of $2,336 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Democratic Republic of the Congo.
From 2012 to 2022, the rate of growth in terms of prices for Zambia amounted to -4.2% per year.
Imports of Zinc; Plates, Sheets, Strip and Foil in Tanzania
In 2022, approx. 85 tons of zinc; plates, sheets, strip and foils were imported into Tanzania; picking up by 31% compared with the previous year. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +13.3% 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 +87.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 43%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of zinc; plates, sheets, strip and foils skyrocketed to $104K in 2022. In general, imports posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 120% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.
| Import of Zinc; Plates, Sheets, Strip and Foil in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 1.5 | 0.5 | 25.8 | 91.1 | 293.1% |
| United Arab Emirates | 37.9 | 27.3 | 40.4 | 9.5 | -36.9% |
| China | 5.1 | 1.4 | 0.1 | 0.4 | -57.2% |
| Others | 1.7 | 1.3 | 1.0 | 2.9 | 19.5% |
| Total | 46.2 | 30.6 | 67.3 | 104 | 31.1% |
Top Suppliers of Zinc; Plates, Sheets, Strip and Foil to Tanzania in 2022:
- India (76.9 tons)
- United Arab Emirates (4.8 tons)
- China (3.6 tons)
Exports of Zinc; Plates, Sheets, Strip and Foil in Tanzania
In 2022, exports of zinc; plates, sheets, strip and foils from Tanzania shrank to 1.1 tons, falling by -2.5% against the year before. In general, exports showed a noticeable decline. The smallest decline of -2.5% was in 2021.
In value terms, exports of zinc; plates, sheets, strip and foils contracted dramatically to $1.3K in 2022. Over the period under review, exports recorded a abrupt decrease. The smallest decline of -18.5% was in 2020.
| Export of Zinc; Plates, Sheets, Strip and Foil in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 2.3 | 1.8 | 1.6 | 1.3 | -17.3% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 2.3 | 1.9 | 1.6 | 1.3 | -17.3% |
Top Export Markets for Zinc; Plates, Sheets, Strip and Foil from Tanzania in 2022:
- Democratic Republic of the Congo (1.1 tons)
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