Electric Rotary Converter Price in Tanzania - 2023
Contents:
- Electric Rotary Converter Price in Tanzania (CIF) - 2022
- Electric Rotary Converter Price in Tanzania (FOB) - 2022
- Electric Rotary Converter Imports in Tanzania
- Electric Rotary Converter Exports in Tanzania
Electric Rotary Converter Price in Tanzania (CIF) - 2022
The average electric rotary converter import price stood at $63 per unit in 2022, increasing by 4.8% against the previous year. In general, the import price, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2017 an increase of 186% against the previous year. As a result, import price reached the peak level of $270 per unit. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($17,216 per unit), while the price for Canada ($0.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+28.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Rotary Converter Price in Tanzania (FOB) - 2022
In 2022, the average electric rotary converter export price amounted to $264 per unit, increasing by 20% against the previous year. Over the period under review, the export price, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in 2018 an increase of 110%. The export price peaked at $447 per unit in 2012; however, from 2013 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 Malawi.
From 2012 to 2022, the rate of growth in terms of prices for Democratic Republic of the Congo amounted to +1,813.2% per year.
Electric Rotary Converter Imports in Tanzania
In 2022, overseas purchases of electric rotary converters increased by 79% to 134 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a sharp decline. Imports peaked at 263 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, electric rotary converter imports soared to $8.4K in 2022. In general, imports, however, showed a precipitous setback. Over the period under review, imports reached the maximum at $18K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Electric Rotary Converter in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 1,286 | 1,471 | 1,109 | 3,740 | 42.7% |
| China | 3,939 | 196 | 113 | 469 | -50.8% |
| India | 529 | 324 | 38.0 | 125 | -38.2% |
| United Arab Emirates | 422 | 130 | 30.0 | 100 | -38.1% |
| United Kingdom | 89.0 | 69.0 | 10.0 | 33.0 | -28.2% |
| Turkey | 205 | 102 | 10.0 | 26.0 | -49.8% |
| Canada | 5.0 | 3.0 | N/A | 1.0 | -41.5% |
| Others | 11,550 | 10,034 | 3,184 | 3,918 | -30.3% |
| Total | 18,025 | 12,329 | 4,494 | 8,412 | -22.4% |
Top Suppliers of Electric Rotary Converter to Tanzania in 2022:
- United Arab Emirates (63.0 units)
- China (41.0 units)
- United Kingdom (17.0 units)
- India (3.0 units)
- Spain (3.0 units)
- Canada (2.0 units)
- Turkey (2.0 units)
Electric Rotary Converter Exports in Tanzania
Electric rotary converter exports from Tanzania fell sharply to 10 units in 2022, declining by -16.7% on 2021. Overall, exports continue to indicate a noticeable contraction. The growth pace was the most rapid in 2021 when exports increased by 71% against the previous year. As a result, the exports attained the peak of 12 units, and then reduced rapidly in the following year.
In value terms, electric rotary converter exports reduced modestly to $2.6K in 2022. The total export value increased at an average annual rate of +6.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 19% against the previous year. The exports peaked at $2.6K in 2021, and then fell in the following year.
| Export of Electric Rotary Converter in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malawi | 0.4 | 0.3 | 2.6 | 2.6 | 86.6% |
| Mozambique | 1.7 | N/A | N/A | N/A | 0% |
| Zambia | N/A | 2.3 | N/A | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 2.2 | 2.6 | 2.6 | 2.6 | 5.7% |
Top Export Markets for Electric Rotary Converter from Tanzania in 2022:
- Malawi (10.0 units)
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