Ethylene Price in Tanzania - 2022
Contents:
Ethylene Price in Tanzania (CIF) - 2022
In 2022, the average ethylene import price amounted to $8,104 per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 an increase of 1,167% against the previous year. As a result, import price reached the peak level of $13,297 per ton. From 2017 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 India ($8,192 per ton), while the price for the United Arab Emirates ($352 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+29.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Ethylene Imports in Tanzania
In 2022, purchases abroad of ethylene decreased by 0% to 950 kg, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 3,445%. As a result, imports attained the peak of 4.6 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, ethylene imports stood at $7.7K in 2022. In general, imports showed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 24,244%. As a result, imports reached the peak of $12K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Ethylene in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 9.1 | 9.3 | 9.7 | 10.1 | 3.5% |
| India | 1.9 | 1.5 | 1.3 | 1.2 | -14.2% |
| United Arab Emirates | 1.8 | 1.4 | 1.2 | 1.0 | -17.8% |
| Others | -12.8 | N/A | -12.2 | -4.5 | -29.4% |
| Total | 0.1 | 12.2 | N/A | 7.7 | 325.4% |
Top Suppliers of Ethylene to Tanzania in 2022:
- United Arab Emirates (2.8 tons)
- China (2.2 tons)
- India (0.1 tons)
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