O-Acetylsalicylic Acid Price in Tanzania - 2022
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O-Acetylsalicylic Acid Price in Tanzania (CIF) - 2022
In 2022, the average o-acetylsalicylic acid import price amounted to $6,204 per ton, rising by 2.8% against the previous year. Over the period under review, the import price recorded a buoyant increase. The growth pace was the most rapid in 2014 an increase of 30% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($24,217 per ton), while the price for China stood at $3,663 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.0%).
O-Acetylsalicylic Acid Imports in Tanzania
In 2022, after two years of growth, there was significant decline in supplies from abroad of o-acetylsalicylic acid, its salts and esters, when their volume decreased by -50.7% to 558 kg. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 6,969% against the previous year. As a result, imports attained the peak of 1.1 tons, and then reduced remarkably in the following year.
In value terms, o-acetylsalicylic acid imports shrank notably to $3.5K in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 6,938%. As a result, imports attained the peak of $6.8K, and then dropped markedly in the following year.
| Import of O-Acetylsalicylic Acid in Tanzania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| China | 0.1 | 4.0 | 1.8 | 324.3% | |
| India | N/A | 2.9 | 1.7 | -41.4% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 0.1 | 6.8 | 3.5 | 491.6% | |
Top Suppliers of O-Acetylsalicylic Acid to Tanzania in 2022:
- China (489.0 kg)
- India (69.0 kg)
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