Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Tanzania - 2023

Contents:

1. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Tanzania (CIF) - 2022
2. Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Tanzania (FOB) - 2022
3. Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Tanzania
4. Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Tanzania

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Tanzania (CIF) - 2022

In 2022, the average import price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $22,526 per ton, waning by -6.6% against the previous year. Overall, the import price recorded a mild reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 45% against the previous year. As a result, import price attained the peak level of $31,235 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($37,071 per ton), while the price for the United Arab Emirates ($12,258 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.1%), while the prices for the other major suppliers experienced a decline.

Price for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Tanzania (FOB) - 2022

In 2022, the average export price for alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol amounted to $23,167 per ton, which is down by -6% against the previous year. Over the period under review, the export price, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2018 an increase of 59% against the previous year. Over the period under review, the average export prices attained the peak figure at $24,636 per ton in 2021, and then declined in the following year.

As there is only one major export destination, the average price level is determined by prices for Malawi.

From 2012 to 2022, the rate of growth in terms of prices for Malawi amounted to +10.1% per year.

Imports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Tanzania

In 2022, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol into Tanzania fell modestly to 26 tons, approximately mirroring the previous year. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +6.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 53% against the previous year. As a result, imports attained the peak of 26 tons, and then fell in the following year.

In value terms, imports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol declined to $584K in 2022. The total import value increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 18%. As a result, imports reached the peak of $632K, and then shrank in the following year.

Top Suppliers of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol to Tanzania in 2022:

1. Uganda (6.8 tons)
2. India (6.5 tons)
3. Japan (5.7 tons)
4. United Arab Emirates (2.6 tons)
5. Germany (1.9 tons)

Exports of Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol in Tanzania

After two years of decline, shipments abroad of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol increased by 9.1% to 12 kg in 2022. In general, exports, however, continue to indicate a abrupt slump.

In value terms, exports of alcohols; cyclanic, cyclenic or cycloterpenic and derivatives, menthol expanded to $278 in 2022. Overall, exports, however, recorded a pronounced slump.

Top Export Markets for Alcohols; Cyclanic, Cyclenic or Cycloterpenic and Derivatives, Menthol from Tanzania in 2022:

1. Malawi (12.0 kg)

Source: IndexBox Market Intelligence Platform