Tanzania - Plastic Containers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlastic Container Price in Tanzania - 2021
Contents:
- Plastic Container Price in Tanzania (CIF) - 2022
- Plastic Container Price in Tanzania (FOB) - 2021
- Plastic Container Imports in Tanzania
- Plastic Container Exports in Tanzania
Plastic Container Price in Tanzania (CIF) - 2022
In 2022, the average plastic container import price amounted to $3,018 per ton, with a decrease of -2.1% against the previous year. Overall, the import price recorded a mild decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 16%. As a result, import price attained the peak level of $3,831 per ton. From 2015 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 South Africa ($9,416 per ton), while the price for China ($784 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Plastic Container Price in Tanzania (FOB) - 2021
In December 2021, the average plastic container export price amounted to $2,287 per ton, increasing by 107% against the previous month. Overall, the export price, however, showed a pronounced downturn. Over the period under review, the average export prices reached the maximum at $3,219 per ton in March 2021; however, from April 2021 to December 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In December 2021, the country with the highest price was Democratic Republic of the Congo ($15,028 per ton), while the average price for exports to Comoros ($153 per ton) was amongst the lowest.
From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malawi (+66.1%), while the prices for the other major destinations experienced more modest paces of growth.
Plastic Container Imports in Tanzania
In 2022, the amount of plastic containers imported into Tanzania soared to 2K tons, growing by 31% compared with 2021. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.0% 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 +48.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, plastic container imports surged to $5.9M in 2022. The total import value increased at an average annual rate of +11.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Plastic Container in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Kenya | 885 | 813 | 998 | 1,614 | 22.2% |
India | 1,952 | 1,743 | 936 | 1,402 | -10.4% |
United Arab Emirates | 137 | 244 | 1,491 | 659 | 68.8% |
China | 306 | 301 | 289 | 441 | 13.0% |
United Kingdom | 377 | 165 | 200 | 416 | 3.3% |
Italy | 61.1 | 53.1 | 1.7 | 365 | 81.4% |
Uganda | 7.0 | 270 | 296 | 263 | 234.9% |
Others | 605 | 750 | 409 | 786 | 9.1% |
Total | 4,331 | 4,340 | 4,620 | 5,946 | 11.1% |
Top Suppliers of Plastic Container to Tanzania in 2022:
- China (561.9 tons)
- Kenya (506.6 tons)
- India (294.9 tons)
- United Arab Emirates (163.1 tons)
- Uganda (113.1 tons)
- Italy (103.7 tons)
- United Kingdom (87.4 tons)
Plastic Container Exports in Tanzania
In 2022, the amount of plastic containers exported from Tanzania soared to 665 tons, jumping by 105% compared with 2021 figures. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, plastic container exports soared to $1.4M in 2022. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2021 with an increase of 96%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.
Export of Plastic Container in Tanzania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Uganda | 157 | 283 | 545 | 545 | 51.4% |
Democratic Republic of the Congo | 33.4 | 115 | 221 | 372 | 123.3% |
Malawi | 160 | 12.4 | 50.8 | 209 | 9.3% |
Zambia | N/A | 11.3 | 13.4 | 94.4 | 189.0% |
Comoros | 81.2 | 1.0 | 14.1 | 81.8 | 0.2% |
Burundi | 143 | 1.0 | 21.5 | 78.8 | -18.0% |
Rwanda | N/A | 5.7 | 0.1 | 39.5 | 163.2% |
Others | 90.5 | 17.2 | 7.6 | 27.1 | -33.1% |
Total | 666 | 446 | 874 | 1,447 | 29.5% |
Top Export Markets for Plastic Container from Tanzania in 2022:
- Uganda (225.3 tons)
- Democratic Republic of the Congo (125.0 tons)
- Comoros (119.6 tons)
- Malawi (113.4 tons)
- Zambia (39.0 tons)
- Burundi (17.5 tons)
- Rwanda (10.9 tons)
This report provides an in-depth analysis of the plastic container market in Tanzania. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 22221950 - Articles for the conveyance or packaging of goods, of plastics (excluding boxes, cases, crates and similar articles, sacks and bags, including cones, carboys, bottles, flasks and similar articles, spools, spindles, bobbins and similar supports, s toppers, lids, caps and other closures)
Country coverage:
- Tanzania
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Tanzania
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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