Coin Price in Tanzania - 2022
Contents:
- Coin Price in Tanzania (FOB) - 2022
- Coin Price in Tanzania (CIF) - 2022
- Coin Exports in Tanzania
- Coin Imports in Tanzania
Coin Price in Tanzania (FOB) - 2022
In 2022, the average coin export price amounted to $516,444 per ton, dropping by -42% against the previous year. In general, the export price, however, showed a strong increase. The pace of growth appeared the most rapid in 2017 an increase of 320%. The export price peaked at $1,150,625 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +40.4% per year.
Coin Price in Tanzania (CIF) - 2022
The average coin import price stood at $19,600 per ton in 2022, waning by -59.1% against the previous year. Overall, the import price showed a abrupt contraction. The growth pace was the most rapid in 2018 an increase of 351% against the previous year. As a result, import price attained the peak level of $104,667 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($73,000 per ton), while the price for China stood at $4,250 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.9%), while the prices for the other major suppliers experienced a decline.
Coin Exports in Tanzania
In 2022, approx. 27 kg of coins were exported from Tanzania; with an increase of 108% against 2021. Over the period under review, exports, however, continue to indicate a dramatic decrease.
In value terms, coin exports surged to $14K in 2022. In general, exports, however, showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 26% against the previous year.
| Export of Coin in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.7 | 0.3 | 2.2 | 13.9 | 170.8% |
| Thailand | 0.4 | N/A | N/A | N/A | 0% |
| Peru | N/A | N/A | 0.9 | N/A | 0% |
| Germany | 18.7 | 4.4 | 8.5 | N/A | -32.6% |
| Others | N/A | 4.4 | N/A | N/A | 0% |
| Total | 19.8 | 9.2 | 11.6 | 13.9 | -11.1% |
Top Export Markets for Coin from Tanzania in 2022:
- United Arab Emirates (27.0 kg)
Coin Imports in Tanzania
In 2022, purchases abroad of coins decreased by -95.7% to 5 kg for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a precipitous shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 79%.
In value terms, coin imports shrank sharply to $98 in 2022. Over the period under review, imports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 22%. As a result, imports reached the peak of $5.6K, and then dropped sharply in the following year.
| Import of Coin in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | N/A | N/A | N/A | 0.1 | 0% |
| South Africa | 4.1 | 4.5 | 5.5 | N/A | 15.8% |
| China | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.2 | 4.6 | 5.6 | 0.1 | -71.2% |
Top Suppliers of Coin to Tanzania in 2022:
- China (4.0 kg)
- Sweden (1.0 kg)
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This report provides an in-depth analysis of the global coin market.
408
This report provides an in-depth analysis of the global coin market.
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