Tanzania: Sheet Piling Market 2024

Sheet Piling Market Size in Tanzania

The Tanzanian sheet piling market amounted to $X in 2022, picking up by X% against the previous year. In general, consumption enjoyed a prominent increase. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a somewhat lower figure.

Sheet Piling Production in Tanzania

In value terms, sheet piling production rose rapidly to $X in 2022 estimated in export price. Overall, production saw a prominent increase. The growth pace was the most rapid in 2017 with an increase of X%. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Sheet Piling Exports

Exports from Tanzania

After four years of growth, shipments abroad of sheet piling, shapes and sections (of iron or steel) decreased by X% to X tons in 2022. Overall, exports showed a abrupt contraction. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports failed to regain momentum.

In value terms, sheet piling exports contracted to $X in 2022. Over the period under review, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Rwanda (X tons), Democratic Republic of the Congo (X tons) and Kenya (X tons) were the main destinations of sheet piling exports from Tanzania, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Kenya (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Kenya ($X) remains the key foreign market for sheet piling, shapes and sections (of iron or steel) exports from Tanzania, comprising X% of total exports. The second position in the ranking was taken by Burundi ($X), with a X% share of total exports. It was followed by Democratic Republic of the Congo, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Kenya totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Burundi (X% per year) and Democratic Republic of the Congo (X% per year).

Export Prices by Country

In 2022, the average sheet piling export price amounted to $X per ton, waning by X% against the previous year. In general, the export price showed a abrupt descent. The growth pace was the most rapid in 2016 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Burundi ($X per ton), while the average price for exports to Uganda ($X 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 Burundi (X%), while the prices for the other major destinations experienced a decline.

Sheet Piling Imports

Imports into Tanzania

In 2022, sheet piling imports into Tanzania rose markedly to X tons, increasing by X% against 2021 figures. Overall, imports, however, saw a perceptible reduction. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sheet piling imports skyrocketed to $X in 2022. In general, imports, however, saw a deep reduction. The growth pace was the most rapid in 2019 when imports increased by X%. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest sheet piling supplier to Tanzania, accounting for a X% share of total imports. Moreover, sheet piling imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), fourfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and South Africa (X% per year).

In value terms, China ($X) constituted the largest supplier of sheet piling, shapes and sections (of iron or steel) to Tanzania, comprising X% of total imports. The second position in the ranking was held by Turkey ($X), with an X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and South Africa (X% per year).

Import Prices by Country

In 2022, the average sheet piling import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price, however, recorded a pronounced downturn. The growth pace was the most rapid in 2020 when the average import price increased by X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 South Africa ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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