Gold Compounds Price in Tanzania - 2023
Contents:
- Gold Compounds Price in Tanzania (FOB) - 2022
- Gold Compounds Price in Tanzania (CIF) - 2022
- Gold Compounds Exports in Tanzania
- Gold Compounds Imports in Tanzania
Gold Compounds Price in Tanzania (FOB) - 2022
In 2022, the average gold compounds export price amounted to $3,296,700 per ton, almost unchanged from the previous year. Overall, the export price saw a abrupt slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 160%. As a result, the export price reached the peak level of $14,973 per kg. From 2015 to 2022, the average export prices remained at a 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 Arab Emirates amounted to +41.4% per year.
Gold Compounds Price in Tanzania (CIF) - 2022
In 2022, the average gold compounds import price amounted to $1,294,000 per ton, with an increase of 48% against the previous year. Over the period under review, the import price, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 400% against the previous year. The import price peaked at $9,966,000 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Australia.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to -0.8% per year.
Gold Compounds Exports in Tanzania
In 2022, after three years of growth, there was significant decline in shipments abroad of gold compoundses, when their volume decreased by -21.1% to 30 kg. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 425%.
In value terms, gold compounds exports reduced notably to $99K in 2022. Overall, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 323% against the previous year.
| Export of Gold Compounds in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 16.9 | 71.6 | 126 | 98.9 | 80.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 16.9 | 71.6 | 126 | 98.9 | 80.2% |
Top Export Markets for Gold Compounds from Tanzania in 2022:
- United Arab Emirates (30.0 kg)
Gold Compounds Imports in Tanzania
In 2022, the amount of gold compoundses imported into Tanzania dropped rapidly to 2 kg, with a decrease of -60% on the year before. In general, imports saw a precipitous setback. The most prominent rate of growth was recorded in 2021 when imports increased by 400%.
In value terms, gold compounds imports shrank rapidly to $2.6K in 2022. Overall, imports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 450% against the previous year.
| Import of Gold Compounds in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 3.5 | 0.3 | 4.3 | 2.6 | -9.4% |
| China | 4.2 | N/A | N/A | N/A | 0% |
| Turkey | N/A | N/A | 0.1 | N/A | 0% |
| Others | N/A | 0.5 | N/A | N/A | 0% |
| Total | 7.7 | 0.8 | 4.4 | 2.6 | -30.4% |
Top Suppliers of Gold Compounds to Tanzania in 2022:
- Australia (2.0 kg)
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