Life-Jackets and Life-Belts Price in Tanzania - 2022
Contents:
- Life-Jackets and Life-Belts Price in Tanzania (CIF) - 2022
- Life-Jackets and Life-Belts Price in Tanzania (FOB) - 2022
- Life-Jackets and Life-Belts Imports in Tanzania
- Life-Jackets and Life-Belts Exports in Tanzania
Life-Jackets and Life-Belts Price in Tanzania (CIF) - 2022
The average life-jackets and life-belts import price stood at $7,044 per ton in 2022, waning by -12.9% against the previous year. Overall, the import price showed a noticeable curtailment. The growth pace was the most rapid in 2015 an increase of 25%. As a result, import price reached the peak level of $11,558 per ton. From 2016 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 ($8,536 per ton), while the price for the United Arab Emirates ($1,635 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Life-Jackets and Life-Belts Price in Tanzania (FOB) - 2022
The average life-jackets and life-belts export price stood at $12,744 per ton in 2022, with a decrease of -60.2% against the previous year. In general, the export price saw a pronounced contraction. The most prominent rate of growth was recorded in 2019 an increase of 77%. Over the period under review, the average export prices reached the peak figure at $38,769 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Comoros ($33,641 per ton), while the average price for exports to the United States ($1,786 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Comoros (+27.3%), while the prices for the other major destinations experienced mixed trend patterns.
Life-Jackets and Life-Belts Imports in Tanzania
In 2022, the amount of life-jackets and life-beltses imported into Tanzania shrank to 46 tons, with a decrease of -7.5% against the previous year. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +6.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 85% against the previous year. As a result, imports attained the peak of 50 tons, and then shrank in the following year.
In value terms, life-jackets and life-belts imports contracted rapidly to $327K in 2022. Over the period under review, imports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 121% against the previous year. As a result, imports reached the peak of $406K, and then contracted notably in the following year.
| Import of Life-Jackets and Life-Belts in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 128 | 84.1 | 224 | 213 | 18.5% |
| India | 8.3 | 6.6 | 6.1 | 24.3 | 43.1% |
| Ireland | N/A | N/A | N/A | 16.2 | 0% |
| United Arab Emirates | 6.8 | 7.6 | 7.9 | 5.1 | -9.1% |
| Others | 137 | 85.3 | 167 | 68.4 | -20.7% |
| Total | 280 | 184 | 406 | 327 | 5.3% |
Top Suppliers of Life-Jackets and Life-Belts to Tanzania in 2022:
- China (36.4 tons)
- United Arab Emirates (3.1 tons)
- India (2.8 tons)
- Ireland (2.3 tons)
Life-Jackets and Life-Belts Exports in Tanzania
In 2022, life-jackets and life-belts exports from Tanzania surged to 1.4 tons, picking up by 334% on the year before. Over the period under review, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 1,386%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, life-jackets and life-belts exports skyrocketed to $18K in 2022. In general, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 1,955%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Export of Life-Jackets and Life-Belts in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Democratic Republic of the Congo | 0.2 | 0.1 | 4.5 | 14.8 | 319.8% |
| Kenya | 0.1 | N/A | N/A | 1.8 | 162.1% |
| Comoros | 0.1 | N/A | 0.4 | 1.3 | 135.1% |
| United States | N/A | N/A | N/A | 0.1 | 0% |
| United Kingdom | 0.2 | N/A | 0.1 | N/A | -29.3% |
| South Africa | 2.0 | N/A | 0.6 | N/A | -45.2% |
| Others | 1.2 | 0.4 | 4.9 | N/A | 102.1% |
| Total | 3.9 | 0.5 | 10.5 | 18.1 | 66.8% |
Top Export Markets for Life-Jackets and Life-Belts from Tanzania in 2022:
- Democratic Republic of the Congo (660.0 kg)
- Kenya (658.0 kg)
- United States (56.0 kg)
- Comoros (39.0 kg)
- United Kingdom (7.0 kg)
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