Files and Rasps Price in Tanzania - 2022

Contents:

1. Files and Rasps Price in Tanzania (CIF) - 2022
2. Files and Rasps Price in Tanzania (FOB) - 2022
3. Files and Rasps Imports in Tanzania
4. Files and Rasps Exports in Tanzania

Files and Rasps Price in Tanzania (CIF) - 2022

The average files and rasps import price stood at $4.7 per unit in 2022, reducing by -4.9% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 17% against the previous year. The import price peaked at $7 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

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 India ($6 per unit), while the price for Indonesia ($0.3 per unit) was amongst the lowest.

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 mixed trend patterns.

Files and Rasps Price in Tanzania (FOB) - 2022

The average files and rasps export price stood at $1.5 per unit in 2022, which is down by -64.4% against the previous year. Overall, the export price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2015 an increase of 77%. Over the period under review, the average export prices attained the peak figure at $8 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Rwanda ($16 per unit), while the average price for exports to Botswana (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+23.0%), while the prices for the other major destinations experienced more modest paces of growth.

Files and Rasps Imports in Tanzania

In 2022, after three years of growth, there was significant decline in overseas purchases of files, rasps and similar tools, when their volume decreased by -65.2% to 112K units. Over the period under review, imports showed a precipitous curtailment. The pace of growth was the most pronounced in 2021 with an increase of 40% against the previous year. As a result, imports reached the peak of 322K units, and then shrank notably in the following year.

In value terms, files and rasps imports declined sharply to $524K in 2022. Overall, imports showed a sharp decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 42%. As a result, imports attained the peak of $1.6M, and then fell significantly in the following year.

Top Suppliers of Files and Rasps to Tanzania in 2022:

1. India (54.9K units)
2. China (28.2K units)
3. Indonesia (17.0K units)
4. Belgium (2.8K units)
5. United Arab Emirates (2.3K units)
6. Sweden (1.8K units)

Files and Rasps Exports in Tanzania

After two years of decline, shipments abroad of files, rasps and similar tools increased by 401% to 1.2K units in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, files and rasps exports soared to $1.8K in 2022. In general, exports, however, saw a abrupt contraction. Over the period under review, the exports hit record highs at $2.4K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Top Export Markets for Files and Rasps from Tanzania in 2022:

1. United States (384.0 units)
2. Botswana (374.0 units)
3. Zimbabwe (260.0 units)
4. Canada (55.0 units)
5. Rwanda (41.0 units)
6. United Kingdom (24.0 units)

Source: IndexBox Market Intelligence Platform