Tanzania - Borates, Peroxoborates (Perborates) - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBorates and Perborates Price in Tanzania - 2022
Contents:
- Borates and Perborates Price in Tanzania (CIF) - 2022
- Borates and Perborates Price in Tanzania (FOB) - 2022
- Borates and Perborates Imports in Tanzania
- Borates and Perborates Exports in Tanzania
Borates and Perborates Price in Tanzania (CIF) - 2022
In 2022, the average borates and perborates import price amounted to $1,307 per ton, growing by 8.4% against the previous year. Over the period under review, the import price, however, saw a slight shrinkage. The pace of growth was the most pronounced in 2021 when the average import price increased by 35%. The import price peaked at $1,508 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Kenya ($1,440 per ton) and Turkey ($1,311 per ton), while the price for China ($1,084 per ton) and Spain ($1,211 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Borates and Perborates Price in Tanzania (FOB) - 2022
In 2022, the average borates and perborates export price amounted to $1,558 per ton, waning by -55% against the previous year. In general, the export price recorded a deep slump. The pace of growth was the most pronounced in 2018 when the average export price increased by 70% against the previous year. The export price peaked at $4,029 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Burundi ($6,800 per ton), while the average price for exports to Zimbabwe ($92 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 Democratic Republic of the Congo (+8.2%), while the prices for the other major destinations experienced a decline.
Borates and Perborates Imports in Tanzania
In 2022, imports of borates, peroxoborates (perborates) into Tanzania soared to 820 tons, with an increase of 397% compared with the previous year. Overall, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, borates and perborates imports skyrocketed to $1.1M in 2022. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Borates and Perborates in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 15.4 | 52.0 | 40.2 | 989 | 300.5% |
China | 30.1 | 43.7 | 39.5 | 57.1 | 23.8% |
Spain | 13.9 | 29.1 | 36.2 | 0.5 | -67.0% |
Others | 21.6 | 106 | 82.9 | 25.5 | 5.7% |
Total | 81.0 | 230 | 199 | 1,072 | 136.5% |
Top Suppliers of Borates and Perborates to Tanzania in 2022:
- Turkey (754.2 tons)
- China (52.7 tons)
- Spain (0.4 tons)
Borates and Perborates Exports in Tanzania
In 2022, exports of borates, peroxoborates (perborates) from Tanzania skyrocketed to 5.2 tons, picking up by 45% compared with the previous year's figure. The total export volume increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, borates and perborates exports shrank sharply to $8.1K in 2022. In general, exports, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2020 with an increase of 12% against the previous year. As a result, the exports reached the peak of $14K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Borates and Perborates in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Rwanda | 3.2 | 8.3 | 3.4 | 5.0 | 16.0% |
Zambia | N/A | N/A | N/A | 2.2 | 0% |
Burundi | N/A | 0.1 | 0.5 | 0.8 | 182.8% |
Democratic Republic of the Congo | 8.9 | 5.2 | 8.6 | N/A | -1.7% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 12.1 | 13.5 | 12.4 | 8.1 | -12.5% |
Top Export Markets for Borates and Perborates from Tanzania in 2022:
- Rwanda (4.0 tons)
- Zambia (1.0 tons)
- Burundi (0.1 tons)
This report provides an in-depth analysis of the borates and perborates 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 20136230 - Borates, peroxoborates (perborates)
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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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