Report Update Apr 1, 2024

Tanzania - Tin Bars, Rods, Profiles and Wires - Market Analysis, Forecast, Size, Trends and Insights

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Tanzania: Tin Bar Market 2024

Tin Bar Market Size in Tanzania

The Tanzanian tin bar market dropped to $X in 2022, waning by -7.1% against the previous year. Overall, consumption saw a noticeable decline. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Tin Bar Production in Tanzania

In value terms, tin bar production fell to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when the production volume increased by 117%. Tin bar production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Tin Bar Exports

Exports from Tanzania

In 2022, approx. X kg of tin bars, rods, profiles and wires were exported from Tanzania; approximately equating the previous year. Over the period under review, exports recorded a abrupt decline. The pace of growth was the most pronounced in 2016 with an increase of 221%. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, tin bar exports amounted to $X in 2022. In general, exports showed a precipitous contraction. The pace of growth was the most pronounced in 2016 when exports increased by 113%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Democratic Republic of the Congo (X kg) was the main destination for tin bar exports from Tanzania, accounting for a approx. 100% share of total exports.

From 2014 to 2022, the average annual growth rate of volume to Democratic Republic of the Congo amounted to -38.0%.

From 2014 to 2022, the average annual rate of growth in terms of value to Democratic Republic of the Congo stood at -17.8%.

Export Prices by Country

In 2022, the average tin bar export price amounted to $X per ton, approximately equating the previous year. Over the period under review, the export price showed a abrupt descent. The most prominent rate of growth was recorded in 2015 when the average export price decreased by -19.3% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the 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 2014 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +32.5% per year.

Tin Bar Imports

Imports into Tanzania

In 2022, overseas purchases of tin bars, rods, profiles and wires increased by 29% to X tons, rising for the second consecutive year after two years of decline. Overall, imports posted a pronounced expansion. The pace of growth appeared the most rapid in 2021 with an increase of 690% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, tin bar imports declined dramatically to $X in 2022. Over the period under review, imports recorded measured growth. The pace of growth was the most pronounced in 2021 when imports increased by 650% against the previous year. As a result, imports reached the peak of $X, and then reduced markedly in the following year.

Imports by Country

In 2022, China (X tons) was the main tin bar supplier to Tanzania, accounting for a 95% share of total imports. It was followed by Taiwan (Chinese) (X kg), with a 2.9% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China totaled +13.2%.

In value terms, China ($X) constituted the largest supplier of tin bars, rods, profiles and wires to Tanzania, comprising 95% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 3.6% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +15.9%.

Import Prices by Country

The average tin bar import price stood at $X per ton in 2022, with a decrease of -73.5% against the previous year. In general, the import price recorded a mild shrinkage. The pace of growth appeared the most rapid in 2013 an increase of 281% against the previous year. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for China amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+11.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for tin bars, rods, profiles and wires in the world?

China constituted the country with the largest volume of tin bar consumption, accounting for 19% of total volume. Moreover, tin bar consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 7.1% share.

What are the largest producers of tin bars, rods, profiles and wires in the world?

The countries with the highest volumes of production in 2022 were China, the United States and India, together comprising 40% of global production. Japan, the Netherlands, Pakistan, Indonesia, Nigeria, Brazil, Bangladesh, South Korea, Germany and Turkey lagged somewhat behind, together accounting for a further 37%.

What are the leading suppliers of tin bars, rods, profiles and wires to Tanzania?

In value terms, China constituted the largest supplier of tin bars, rods, profiles and wires to Tanzania, comprising 95% of total imports. The second position in the ranking was held by Taiwan Chinese) $86), with a 3.6% share of total imports.

What is the average export price for tin bars, rods, profiles and wires in Tanzania?

The average tin bar export price stood at $6,780 per ton in 2022, therefore, remained relatively stable against the previous year.

What is the average import price for tin bars, rods, profiles and wires in Tanzania?

The average tin bar import price stood at $856 per ton in 2022, reducing by -73.5% against the previous year.

This report provides an in-depth analysis of the tin bar 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 24432400 - Tin bars, rods, profiles and wires

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023