Tanzania - Ball Bearings - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBall Bearing Price in Tanzania - 2022
Contents:
- Ball Bearing Price in Tanzania (CIF) - 2022
- Ball Bearing Price in Tanzania (FOB) - 2022
- Ball Bearing Imports in Tanzania
- Ball Bearing Exports in Tanzania
Ball Bearing Price in Tanzania (CIF) - 2022
In 2022, the import price in Tanzania amounted to $5,682 per ton, declining by -21.2% against the previous year. In general, the import price recorded a slight setback. The pace of growth appeared the most rapid in 2021 when the import price increased by 21% against the previous year. As a result, import price reached the peak level of $7,212 per ton, and then declined significantly in the following year.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($26,126 per ton), while Indonesia ($7,813 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.0%), while the other leaders experienced more modest paces of growth.
Ball Bearing Price in Tanzania (FOB) - 2022
The export price in Tanzania stood at $12,040 per ton in 2022, jumping by 24% against the previous year. Overall, the export price posted prominent growth. The most prominent rate of growth was recorded in 2020 an increase of 168% against the previous year. As a result, the export price attained the peak level of $20,469 per ton. From 2021 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the United States ($193,287 per ton), while China ($6,849 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 States (+23.1%), while the other leaders experienced more modest paces of growth.
Ball Bearing Imports in Tanzania
In 2022, purchases abroad of ball bearings decreased by -39% to 640 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by 103% against the previous year.
In value terms, ball bearing imports fell dramatically to $3.6M in 2022. Over the period under review, imports, however, continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2020 when imports increased by 130% against the previous year.
| Import of Ball Bearing in Tanzania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,837 | 1,453 | 1,903 | 1,974 | 2.4% |
| China | 1,410 | 1,574 | 2,142 | 1,929 | 11.0% |
| United States | 1,254 | 1,000 | 1,289 | 1,375 | 3.1% |
| Italy | 527 | 418 | 563 | 602 | 4.5% |
| Mexico | 518 | 433 | 583 | 595 | 4.7% |
| Netherlands | 445 | 432 | 519 | 518 | 5.2% |
| India | 435 | 343 | 533 | 499 | 4.7% |
| France | 514 | 380 | 460 | 467 | -3.1% |
| South Korea | 348 | 302 | 401 | 395 | 4.3% |
| Brazil | 244 | 226 | 333 | 393 | 17.2% |
| Russia | 246 | 219 | 331 | 340 | 11.4% |
| Belgium | 147 | 242 | 318 | 292 | 25.7% |
| Indonesia | 246 | 178 | 237 | 239 | -1.0% |
| Others | -8,168.9 | -7,194.2 | -9,604.3 | -9,613.7 | 5.6% |
| Total | 2.3 | 5.4 | 7.6 | 3.6 | 16.1% |
Top Suppliers of Ball Bearing to Tanzania in 2022:
- Germany (127.9K tons)
- United States (94.5K tons)
- China (73.8K tons)
- Italy (46.1K tons)
- Mexico (45.1K tons)
- Netherlands (44.1K tons)
- Brazil (42.5K tons)
- France (32.5K tons)
- Indonesia (30.6K tons)
- Russia (29.3K tons)
- Belgium (27.8K tons)
- South Korea (25.7K tons)
- India (22.4K tons)
Ball Bearing Exports in Tanzania
In 2022, ball bearing exports from Tanzania dropped rapidly to 3 tons, falling by -43.7% against 2021 figures. Overall, exports saw a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 562%. As a result, the exports reached the peak of 5.3 tons, and then shrank dramatically in the following year.
In value terms, ball bearing exports declined sharply to $36K in 2022. In general, exports, however, posted a strong increase. The pace of growth was the most pronounced in 2021 with an increase of 215% against the previous year. As a result, the exports reached the peak of $52K, and then declined sharply in the following year.
| Export of Ball Bearing in Tanzania (Billion USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.6 | 2.5 | 3.5 | 3.6 | 11.5% |
| Japan | 1.8 | 1.5 | 2.0 | 1.9 | 1.8% |
| Germany | 1.7 | 1.6 | 2.0 | 1.9 | 3.8% |
| Italy | 0.9 | 0.7 | 0.9 | 0.9 | 0.0% |
| France | 0.8 | 0.6 | 0.8 | 0.7 | -4.4% |
| Netherlands | 0.4 | 0.4 | 0.5 | 0.6 | 14.5% |
| South Korea | 0.5 | 0.4 | 0.5 | 0.5 | 0.0% |
| Thailand | 0.4 | 0.4 | 0.5 | 0.5 | 7.7% |
| Singapore | 0.5 | 0.4 | 0.4 | 0.3 | -15.7% |
| Poland | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Others | -9.8 | -8.6 | -11.2 | -11.1 | 4.2% |
| Total | N/A | N/A | N/A | N/A | 0% |
Top Export Markets for Ball Bearing from Tanzania in 2022:
- China (532.2K tons)
- Japan (106.6K tons)
- Germany (70.9K tons)
- Italy (61.2K tons)
- South Korea (41.5K tons)
- France (35.9K tons)
- Netherlands (35.2K tons)
- Poland (24.6K tons)
- Thailand (19.3K tons)
- Singapore (16.5K tons)
This report provides an in-depth analysis of the ball bearing 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 28151030 - Ball bearings
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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- 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
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- 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- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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