Tanzania - Safety Or Relief Valves For Pipes, Boiler Shells, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Jun 1, 2024

Tanzania - Safety Or Relief Valves For Pipes, Boiler Shells, Tanks And Vats - Market Analysis, Forecast, Size, Trends And Insights

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Safety Valve Price in Tanzania - 2022

Contents:

  1. Safety Valve Price in Tanzania (CIF) - 2022
  2. Safety Valve Price in Tanzania (FOB) - 2022
  3. Safety Valve Imports in Tanzania
  4. Safety Valve Exports in Tanzania

Safety Valve Price in Tanzania (CIF) - 2022

The average safety valve import price stood at $15,060 per ton in 2022, declining by -18.3% against the previous year. In general, the import price showed a noticeable curtailment. The growth pace was the most rapid in 2013 when the average import price increased by 22% against the previous year. The import price peaked at $26,486 per ton in 2014; however, from 2015 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 South Africa ($38,781 per ton), while the price for Turkey ($3,089 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Safety Valve Price in Tanzania (FOB) - 2022

In 2022, the average safety valve export price amounted to $105,493 per ton, picking up by 231% against the previous year. Overall, the export price saw buoyant growth. The pace of growth appeared the most rapid in 2018 an increase of 732%. As a result, the export price reached the peak level of $222,208 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($207,656 per ton), while the average price for exports to Botswana ($444 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 Kenya (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Safety Valve Imports in Tanzania

In 2022, approx. 135 tons of safety or relief valves for pipes, boiler shells, tanks and vats were imported into Tanzania; with an increase of 38% against the previous year. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +14.6% 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 +50.6% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, safety valve imports stood at $2M in 2022. The total import value increased at an average annual rate of +11.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 17% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.

Import of Safety Valve in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China22435037244225.4%
Germany69.070.185.131966.6%
United Kingdom85.971.540.714819.9%
Thailand390333283134-30.0%
India59.611478.910922.3%
United Arab Emirates45.855.349.756.47.2%
Turkey16.938.522.450.644.1%
Others57568087677510.5%
Total1,4661,7121,8072,03411.5%

Top Suppliers of Safety Valve to Tanzania in 2022:

  1. China (56.2 tons)
  2. Turkey (16.4 tons)
  3. Germany (13.6 tons)
  4. India (10.4 tons)
  5. United Arab Emirates (8.9 tons)
  6. United Kingdom (7.5 tons)
  7. Thailand (4.3 tons)

Safety Valve Exports in Tanzania

In 2022, overseas shipments of safety or relief valves for pipes, boiler shells, tanks and vats decreased by -70.2% to 491 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2021 with an increase of 107%. As a result, the exports reached the peak of 1.6 tons, and then fell significantly in the following year.

In value terms, safety valve exports reduced slightly to $52K in 2022. Overall, exports, however, saw a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 122%. As a result, the exports attained the peak of $52K, and then contracted in the following year.

Export of Safety Valve in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom3.23.45.647.1145.1%
Netherlands0.50.92.03.794.9%
KenyaN/AN/AN/A0.90%
BotswanaN/AN/AN/AN/A0%
Mozambique1.98.723.9N/A254.7%
Congo3.03.66.6N/A48.3%
Zambia0.80.4N/AN/A-50.0%
South Africa0.31.44.0N/A265.1%
TurkeyN/AN/A0.2N/A0%
Ghana4.35.09.0N/A44.7%
Others1.80.31.2N/A-18.4%
Total15.923.752.551.848.2%

Top Export Markets for Safety Valve from Tanzania in 2022:

  1. United Kingdom (227.0 kg)
  2. Netherlands (191.0 kg)
  3. Kenya (54.0 kg)
  4. Botswana (18.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the safety valve 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 28141180 - Safety or relief valves for pipes, boiler shells, tanks, vats and the like

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Safety Or Relief Valves For Pipes, Boiler Shells, Tanks And Vats - Tanzania