Cerium Compounds Price in Tanzania - 2022
Contents:
Cerium Compounds Price in Tanzania (CIF) - 2022
In 2022, the average cerium compounds import price amounted to $35,727 per ton, dropping by -15.7% against the previous year. Overall, the import price, however, saw strong growth. The pace of growth appeared the most rapid in 2015 when the average import price increased by 255%. As a result, import price attained the peak level of $340,500 per ton. From 2016 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($389,500 per ton), while the price for Belgium stood at $350 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+46.8%).
Cerium Compounds Imports in Tanzania
In 2022, approx. 22 kg of cerium compoundses were imported into Tanzania; with an increase of 38% compared with 2021 figures. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.3% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, cerium compounds imports skyrocketed to $786 in 2022. The total import value increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Cerium Compounds in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 779 | 0% |
| Belgium | N/A | N/A | N/A | 7.0 | 0% |
| India | 584 | 629 | 678 | N/A | 7.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 584 | 629 | 678 | 786 | 10.4% |
Top Suppliers of Cerium Compounds to Tanzania in 2022:
- Belgium (20.0 kg)
- United Kingdom (2.0 kg)
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